Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Clare MacCarthy
Senior Editor, Saxo Bank
Summary: The CSI powered higher again overnight amid rumours of an impending big increase in its MSCI allocation. which, says Steen Jakobsen, Saxo's Chief Economist, fits the communist party's narrative of Chinese market strength, a story intended to encourage more domestic equity investment. Elsewhere, USDJPY is in focus on resurgent risk appetite.