The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Can the US Fed halt rate hikes this year as the SVB contagion spreads?

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Two weeks into the new month of March, and already, Asia’s benchmark stock index erased all of its gains for the year as financials extended the rout triggered by the implosion of Silicon Valley Bank. The MSCI Asia Pacific Index dropped nearly 2%, with Japanese banks among the biggest drags on the gauge. Is March now a worse month compared to what we saw in February? Will Asian markets be able to recover? On Money in the Market, Hongbin Jeong speaks to Ben Luk, senior multi asset strategist at State Street Global Markets to find out more. 

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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