SaxoTV

Asia Update: China lacking confidence but Sept Fed hike still on

407 views
August 31, 2015 apac, as, asia, asia growth, asia pacific, asian, asian markets, asianmarket, asset purchases, assets, assetss, aud, aud usd, audusd, aussie, aussie dollar, australia, australian dollar, australian economy, ch, chart, charts, chf, chfusd, chief economist, china, china 2014, china banks, china consumer spending, china credit bubble, china deflation, china economy, china economy growth, china equity market, china exports, china gdp, china gold, china growth, china in 2014, china manufacturing, china mobile, china outlook, china pmi, china policy, china politics, china rates, china slowdown, china stimulus, china stock market, china trade data, chinaeconomy, chinarai, chinese, chinese banks, chinese consumption, chinese economy, chinese economy outlook, chinese foreign reserves, chinese gdp, chinese growth, chinese stock market, chinese stocks, chinese yuan, christmas, eq, eq3, equities, equities 2014, equities in china, equities over valued, equities prices, equities saxo, equities strength, equities trading, equities v bonds, equity, equity analyst, equity bubble, equity clients, equity correction, equity decline, equity falls, equity index, equity market, equity market 2014, equity market 2015, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity risk premiums, equity strategy, equity trades, equity trading, equity us, equity valuation, equtiies, eurozone, foreign exchange, forex, forex idea, forex market, forex markets, forex saxo bank, forex trading, kay van petersen, kay van-petersen, saxo tv, tradingfloor.com
Singapore based Saxo Bank Asia Strategist Kay Van-Petersen with his weekly look ahead from the Asian market perspective. 

At the start of last week there was a sense that the Chinese panic sell-off was overdone and, bullish about a recovery, Kay Van-Petersen shared that view. Now he explains why he's not so confident about the bounce-back. Mainly because there's still uncertainty surrounding Chinese government efforts to support the stock market, amid suggestions of economic mismanagement. 

Markets are naturally looking ahead to the nonfarm payolls data due out on Friday the 4th of September, which could act as a warm-up show for a widely expected Fed rate rise.