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Staying 'Cautious' as S&P Nears New Record High

Mikio Kumada, Global Strategist, LGT Capital Partners, Hong Kong

10-Aug-18 07:35

Staying 'Cautious' as S&P Nears New Record High

The Nasdaq has recorded an 8-day winning streak, its longest run since October, while the S&P 500 is less than 1 percent away from a new record high.

Mikio explains what's been driving US equities of late, and shares his expectations for the upcoming US July CPI data, due at 8:30PM Friday Malaysia time.


Presented by: Melisa Idris, Tan Chung Han, Giri Balakrishnan


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Tags:  S&P 500NasdaqUS EarningsGeopoliticsTrade WarEconomic sanctionsChinaIranRussiaInflationFinancial ServicesEconomy, Markets

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