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Search resuls for: "Rajiv Batra"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHeat wave will be a 'double whammy' for Asian economies, JPMorgan saysRajiv Batra, head of Asia-Pacific ex-Japan and China equity strategy at JPMorgan, says it will lead to higher inflation and a slowdown in growth.
Persons: Rajiv Batra Organizations: JPMorgan Locations: Asia, Pacific, Japan, China
JPMorgan strategist shares rate cut forecasts for Southeast Asia
  + stars: | 2024-01-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan strategist shares rate cut forecasts for Southeast AsiaRajiv Batra, JPMorgan's chief southeast Asia strategist, says it expects a rate cut of close to 50 basis points for Indonesia in the second half of the year and a cut of 50 basis points for the Philippines.
Persons: Asia Rajiv Batra Locations: Asia, Indonesia, Philippines
JPMorgan explains why it's cautious about ASEAN markets
  + stars: | 2023-05-05 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan explains why it's cautious about ASEAN marketsRajiv Batra of JPMorgan cites a possible U.S. recession and fading tailwinds from China's reopening as factors.
JPMorgan analysts expect Southeast Asian markets to experience a "sharp fall followed by a rapid increase in altitude (bear market rally) followed by another decline until eventually markets come to rest at rock-bottom" in 2023. Southeast Asia's markets will move in a way similar to that of a "bungee jump" in 2023, plunging before surging in the second half of the year, according to JPMorgan analysts. They attributed that to weakened purchasing power in light of monetary policy tightening, lower savings and the higher cost of borrowing. The MSCI ASEAN Index fell 22% from February's high to the year's lowest in October. The index subsequently rebounded 10%, buoyed by hopes of China reopening and a pivot from the U.S. Federal Reserve.
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