The Afternoon Update with Lynlee Foo (1pm – 4pm)Money in the Market: Can we see US inflation data for June to cool after seeing it hit the highest in 4 decades in May?
On Money in the Market, Hongbin Jeong speaks to Vishnu Varathan, Head of Economics & Strategy, Asia, Mizuho Bank to talk about another hot inflation report and the start of earnings season, which are expected to make this week a bumpy ride in markets; with focus on expectations for US inflation data for June; Bank of Korea's expected 50 basis point rate hike; and Japan's central bank committing to its ultra-loose monetary policy even as the yen weakens.
