Enzio von Pfeil, a capital preservation specialist at Financial Shield, looks ahead to China’s third plenum next week, telling Andrew Work that he is expecting some easing measures, but the biggest challenge Beijing needs to deal with is consumer confidence.
Moving onto the US, Ben Emons, Chief Investment Officer and Founder of Fed Watch Advisors, says pressure in the housing market is one factor keeping inflation higher than the Fed wants it to be, and he feels Jerome Powell remains cautious over making a cut.