Your Money with Michelle Martin (9am - 12pm)Market View: Bank of Canada raises interest rates, Amazon, Petronas, China Everbright Water, Manulife US Reit, DBS, Sequoia Capital splits China business, Ryan Cohen and GameStop, JP Morgan and Invesco Asset Management bullish on China
What’s the rationale behind the Bank of Canada’s surprise decision to resume raising interest rates? To what extent would it influence the US central bank’s interest rate decision? And why is venture capital giant Sequoia Capital splitting its China business into a separate entity? Dan Koh analyses these headlines and more with Ryan Huang and Sean Cheong.
They also discuss why JP Morgan and Invesco Asset Management are overweight on Chinese stocks today.
