Is the Tide Turning in Global Markets?
Vishnu Varathan, Head of Economics & Strategy, Oceania & Treasury Department, Mizuho Bank, Singapore
The S&P500 and the Dow Jones gained 5 percent each, while the Nasdaq ended up 5.8%, marking the biggest rally for US equities since 2009. Meanwhile, Brent futures gained over 9% overnight.
Does this mark a return of global risk appetite?
Vishnu weighs in on these latest market moves, while sharing his outlook on the global economy for 2019.
Presented by: Joyce Goh, Tan Chung Han