Market View: An overview of latest factory activity data, inflation figures out of Asia, and economic outlook

Your Way Home with Hongbin Jeong · Oct 7, 2022 · 12m

Within Asia, we saw inflation reports out of major economies such as Indonesia, South Korea, Japan and Thailand. More notably, core consumer prices in Tokyo, a leading indicator of nationwide inflation, hit 2.8% in September from a month ago, marking the biggest gain since 2014. And speaking of inflation, analysts seem to observe an interesting correlation repeatedly occurring in the markets. Whenever reported inflation figures pose a surprise on the upside, any assets that typically protect from inflation such as property, commodities, equities are being sold off. On Market View, Prime…