UBS recommends three investment areas as Fed rate hike odds climb to 60%
UBS recommends equities, bonds, and gold as Fed rate hike odds rise to 60%.
Japan's GDP and China trade data due Tuesday; preliminary Q2 GDP missed expectations.
Japan's gross domestic product figures and Chinese trade data are scheduled for release on Tuesday. Additional previews for both reports will be provided separately.
Japan's preliminary GDP release from three weeks ago showed a considerable shortfall, as noted below:
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
UBS recommends equities, bonds, and gold as Fed rate hike odds rise to 60%.
RBA's Hunter says below-trend growth is intended, housing market cools deliberately without recession risk.
Wharton professor Jeremy Siegel says midterm elections and Trump pressure are preventing the Fed from raising rates.
China's August imports grew 28.2% y/y, missing the 30% forecast, while exports and trade surplus met expectations.