0404 Macro Insights April 2024.mp4

A broad-based asset market rally and turnaround in the global electronics cycle characterised the first quarter of 2024. Data surprises have on balance been on the positive side, while the fading of rate cut expectations in 1H24 was absorbed remarkably well by the markets. What can cause this feel-good dynamic to be challenged? From core inflation to geopolitics, we identify the risk factors for 2Q. We also take stock of the trade dynamic from the perspective of Asian exporters. Senior economist Ma Tieying will join me in this event.