Hebe Chen on the Markets - podcast episode cover

Hebe Chen on the Markets

Aug 02, 20223 min
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Episode description

Hebe Chen, Market Analyst at IG, discusses the latest on the markets. She spoke with hosts Bryan Curtis and Rishaad Salamat on "Bloomberg Daybreak Asia."

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Transcript

Speaker 1

We get to our guests now, he be chan market analysts at I G to take a look at the latest market actions and the latest political developments affecting markets. He be It's a bad idea at a bad time, just to prove a point that the US will not be intimidated by anyone. You know, that's what some people are saying. And you know exactly what I'm talking about, and it's not Afghanistan. Well, um, definitely we can expect that will be impacting, um in terms of more of

the Apack regions economy wise. Of course there's more political reasons behind that, but I was just putting on in the economy perspective, the impact of that we still remember. I think that we were now the memory back into the early this year when the people still talking about the potential geo political tition between the Ukrainian and Russia. People are getting a bit more of a concern. People not knowing what's happening, and it tends out it did

lack of free good market quite a lot. Well. Where the things happening again, I think even the sensitive topic between the China and Taiwan, that's something that seems to quite happening in the morning and back into the I was just putting from the Australia point of fields, because Australia is often it's a China sensitive region in terms of economy wise, because there is quite a large of

the Australia modities coming to China. I think that's definitely what we have significant impact in terms of the people's confidence on where the economy, especially for China economy we're going to and where the Australia economy we're going through

that even we have received so much nective data. Sorry, I just wanted to do just interrupt it because I think what we're trying to get at here is that markets are very at the moment on edge, and you know, obviously there's the economic fear, but there's also the new alpha in the room, which is geopolitics. I mean, this is the old alpha, isn't it That you've already alluded to what's going on with the saber rattling between Beijing and Washington. But also on top of that, naturally we've

got tensions elsewhere, not least in Eastern Europe. Yeah, I agree, that's definitely the alpha in the room. I think for Australa for a long time since the previous Prime Minister in Australia that having a quite sensitive to talk about the Taiwan and every time the Australa pick up this topic,

there's always had the very aggressive response from China. And then this is things that coming to the next stage that we're happening this morning and what I see that I think in terms of the economy wise, that definitely will trigger the new fears get into the new stage about the um the staple of the regions, expectly for the apack for Australa points of view, for the China point of view, there will be quite a significant probably the game changer I think the food close the economy

space to the next quarter. All Right, t V, thank you so much for joining us. He be Chan market analyst at i G. Just taking a look at some of the other stories in the news this morning on the business side. One that you might have missed contemporary amper X Technology, the world's biggest maker of e V watteries UH and a huge supplier to Tesla, said that his vice chairman resigned effective yesterday to pursue opportunities in

battery charging and energy storage. So that's an important executive departure at c at L

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