Our Chief Strategist, Jimmy Zhu, went LIVE on CNA938 Radio this morning to share his thoughts on the current market situation.
Key points included: 👉 The impact of Russia-Ukraine tension has been overlooked so far, as this is not a one-off event. 👉 The market hasn’t fully understood and prepared for the consequences of the conflicts. Its impact on the economy and financial markets won’t be temporary as more sanctions from the West are kicking in. 👉 The focus this week is on whether the Fed will show any willingness to slow down the tightening policy, like what it did after the 9/11 attacks 21 years ago. 👉 We don’t expect the Fed to slow down the hiking pace, as inflation levels are much higher, and containing the inflation is their top priority now.
Fullerton Markets International Limited (FMIL) is committed to providing the highest level of service to its customers. In some instances, and due to regulatory or legal requirements, FMIL is unable to provide services or accept customers from certain countries. Currently FMIL does not accept customer from Iran, Cuba, Sudan, Syria and North Korea.
FMIL subscribes to the rules of FX regulated jurisdictions such as Hong Kong, Singapore, Japan and United Kingdom accordingly, does not accept solicited clients from these countries. This is not an exhaustive list of countries from which FMIL does not accept solicited clients and is updated as required. Customers should familiarise themselves with the FX rules applicable in their country's before deciding to use FMIL's services.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.