Investors are expecting a data-heavy week in the US, including factory orders data and the final S&P Global U.S services Purchasing Managers Index. The data will build on personal consumption figures out last week to paint a clearer picture of how the economy reacted to earlier interest rate hikes by the US Federal Reserve. In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Dr Cai Daolu, Visiting Senior Fellow at the Department of Strategy and Policy at the NUS Business School to make better sense of those numbers.