SEB's Victorino on Markets, Strategy

The video discusses market dynamics, focusing on the impact of oil prices on Asian economies and investor expectations regarding the Fed's actions. It highlights inflationary pressures in the US, driven by supply shocks and wage issues, and examines inflation trends in Asia, with central banks potentially raising rates. The Bank of Japan's policy stance and inflation outlook in Southeast Asia are also covered.

What is the market's expectation once the Federal Reserve completes its cycle?

• The market will anticipate a stable rate environment.

• The market will focus on potential rate cuts.

• The market will ignore the Federal Reserve's actions.

• The market will expect further rate hikes.

What challenge are US corporates facing according to the recent data?

• Excessive wage growth.

• Difficulty in passing input cost increases to consumers.

• Increasing demand for their products.

• Declining oil prices.

What is the expected impact of supply shocks on inflation?

• They could delay the decline in inflation.

• They will lead to a swift decline in inflation.

• They will only affect food prices.

• They will have no impact on inflation.

How are high oil prices affecting inflation in Asia?

• They are contributing to increased inflation.

• They are reducing inflationary pressures.

• They have no impact on inflation.

• They are causing deflation.

What is the Bank of Japan's current stance on monetary policy?

• They are aggressively tightening policy.

• They are maintaining an ultra-loose policy.

• They have stopped all monetary interventions.

• They are focusing solely on exchange rates.

What is the Bank of Thailand's expected action regarding interest rates?

• They are expected to cut rates by 50 basis points.

• They are expected to maintain current rates.

• They are expected to raise rates by 25 basis points.

• They are expected to raise rates by 100 basis points.

What percentage of Thailand's CPI basket is made up of food and energy items?

• 30%

• 50%

• 70%

• 90%