An end to Chinas Zero COVID, or not?

Published: Nov. 7, 2022, 7:40 p.m.

b'

Tuesday 8th November 2022


NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB


We didn\\u2019t see the expected turnaround in markets on Monday. Yesterday on the Morning Call we talked about how Chinese officials had denounced speculation that they were heading away from the Zero COVID road soon, so we expected a reversal to some of the optimism in markets at the end of last week. On Monday though, as NAB\\u2019s Taylor Nugent discusses, US equities continued to rise, with the Wall Street Journal reporting again that a turnaround in China\\u2019s policy could still be on the cards. Perhaps. Well, the Chinese trade numbers yesterday were a clear demonstration of the damage being done to the economy. Today eyes will be on the US mid-term elections and, if there\\u2019s strong support for the Republicans, whether one Mr Donald John Trump will stand for the Presidency. In the more immediate future, markets are preparing for the US inflation numbers later in the week.



Hosted on Acast. See acast.com/privacy for more information.

'