The world’s economy is still facing many headwinds and none of them are out of the way yet. While countries have been firing up coal plants and importing high levels of LNG gas - questions remain as to whether governments can get through winter without severe rationing. This of course raises even more questions around the European Central Bank’s monetary tightening path for the rest of this year.
Back in Asia, China’s Chengdu extended the lockdown of most of its 21 million residents, further dampening economic activity.
On Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Stéphane Monier, Chief Investment Officer at Lombard Odier for more.