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Home > BFM :: Market Watch > October Rout Woes Grip
Podcast: BFM :: Market Watch
Episode:

October Rout Woes Grip

Category: Business
Duration: 00:08:47
Publish Date: 2018-10-24 06:49:00
Description:

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank, Singapore, discusses whether the Jamal Khashoggi incident has become a determining factor in a turbulent oil market as well.

He then comments on yesterday's market rout in the NASDAQ, S&P and Dow in the context of fund flows to safer assets like US T-Bills and the Japanese Yen.

He also discussed interventionist measures by China's PBOC to help stopper the bleeding and whether this would continue going forward.

He ends with a view on Malaysia's Ringgit as the country goes into a period where the new govt announces its maiden budget and it re-evaluates its development plans, having just completed a mid-term review for its 11th Malaysia Plan.

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