The Evening Runway with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)The Evening Runway with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: US trade deficit widens, November CPI projections, Expectations of central bank actions next week

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We’ll pick up where we left off with the US market today.

In the US, the country’s trade deficit widened for a second month in October, but less than what economists had expected in a Bloomberg poll.

But how should we be reading into this piece of data, and how would that fit in the bigger picture along with the hotter than expected jobs report and service industry activity in November?

What would this mean for the Federal Reserve and market participants then?

Aside from the US, the European Central Bank and the Bank of England are also set to announce their rate decisions next week, but what are analysts projecting for now?

On Market View, Prime Time’s finance presenter Chua Tian Tian posed these questions to  Anthony Joseph Raza, Head of Multi-Asset Strategy, UOB Asset Management.

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