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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's macro backdrop still points to an overall 'rangebound' market, says JPMorganJulia Wang, executive director and global market strategist at JPMorgan Private Bank, says the "stability from the manufacturing side hasn't really found its way into the rest of the economy."
Persons: Julia Wang Organizations: JPMorgan Private Bank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsian currencies could stay on the 'back foot' despite U.S. rate cuts: JPMorganJulia Wang of JPMorgan Private Bank shares its "slightly more contrarian" view on the U.S. dollar.
Persons: JPMorgan Julia Wang Organizations: JPMorgan, JPMorgan Private Bank, U.S .
The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Asian currencies could be on the "back foot" this year despite signals that the U.S. Federal Reserve could cut interest rates soon, according to Julia Wang, executive director and global market strategist at JPMorgan Private Bank. Emerging market currencies often stand to gain when the Fed cuts interest rates and the U.S. dollar weakens. "The dollar probably could remain somewhat resilient," Wang told CNBC's Squawk Box Asia on Wednesday. However, Supaat, pointed out that Asian currencies did rally last year when there where expectations that the Fed was going to cut rates.
Persons: Julia Wang, Wang, CNBC's, Saktiandi Supaat, it's, Supaat Organizations: U.S, U.S . Federal, JPMorgan Private Bank, U.S ., Asia Locations: U.S, China
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