LDEM - Week Ahead - Market Volatility To Remain Elevated
- Global stocks are all over the place as some indexes fall into correction as others continue to extend higher into record territory.
- Asian stocks should have a strong open following the PBOC’s RRR cut. This is quite the pivot by the central bank and it should support the notion that crackdown over tech companies will probably ease.
- A slew of rate decisions (BOJ, BOC, RBNZ, and CBRT) will continue to show the unbalanced global economic recovery has some banks tapering, others poised for further cuts, and some stuck in wait-and-see mode.
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Week Ahead - Market Volatility To Remain Elevated