Biztech Podcast
Asia-Pacific markets trade lower following Fed minutes
David Kuo Founder, The Smart Investor, Singapore share his insights on regional market performance as well other key issues dominating investor conversations today. This includes:
- Federal Reserve officials at their July meeting indicated they likely would not consider pulling back on interest rate hikes until inflation came down substantially
- Nomura, Goldman slash forecasts for China’s 2022 GDP even further
- Australia’s unemployment rate fell to 3.4% in July, the lowest since 1974, according to the latest data released by the Australian Bureau of Statistics. It fell from 3.5% in June.