It’s been a rather painful week for markets so far, as investors mull the risks of a recession amid interest rate hikes by major central banks around the world last week. 

In the US, the broad-based S&P 500, for one, registered a new closing low for 2022, while the Dow slipped into a bear market earlier this week.

Away from the US, the British Sterling hit a record low earlier this week, after the new UK government announced its so-called ‘mini-budget’ to spur the economy, risking further price increases, and higher interest rates. 

So where are markets in the US likely to go in the near term? Does the UK government know where it wants to go with the mini-budget, and where will the pound move going forward? 

On Market View, Prime Time’s Finance Presenter Chua Tian Tian posed these questions to Robert Hoffman, Head of Investment Counsellors, South Asia, Citi Private Bank to find out. 

It’s been a rather painful week for markets so far, as investors mull the risks of a recession amid interest rate hikes by major central banks around the world last week. 
In the US, the broad-based S&amp;P 500, for one, registered a new closing low for 2022, while the Dow slipped into a bear market earlier this week.
Away from the US, the British Sterling hit a record low earlier this week, after the new UK government announced its so-called ‘mini-budget’ to spur the economy, risking further price increases, and higher interest rates. 
So where are markets in the US likely to go in the near term? Does the UK government know where it wants to go with the mini-budget, and where will the pound move going forward? 
On Market View, Prime Time’s Finance Presenter Chua Tian Tian posed these questions to Robert Hoffman, Head of Investment Counsellors, South Asia, Citi Private Bank to find out.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: S&P 500 registering a new closing low for 2022, British Sterling’s reaction to UK’s tax cuts, Asset managers reassessing exposure to China

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