BNP Paribas' Baig Says Fed Likely to Hike in December

The transcript discusses the impact of President Trump's trip to Asia, concluding it had no significant effect on local markets. It examines inflation data from the UK and US, suggesting the Fed is likely to hike rates in December. The global economic outlook is positive, with a coordinated recovery in China, the US, and Europe. Rising oil prices pose risks to Asian currencies and interest rates, while the path of global interest rates remains crucial.

What was the overall impact of the US President's trip to Asia on local market forecasts?

• It led to a positive change in the forecasts.

• It caused a negative shift in the forecasts.

• It had no impact on the forecasts.

• It significantly changed the forecasts.

What is the likely action of the Federal Reserve in December according to the discussion?

• They will lower interest rates.

• They will decide based on the data.

• They will keep interest rates unchanged.

• They will hike interest rates.

Which of the following is NOT mentioned as a factor affecting the global economic outlook?

• Rising oil prices

• Political stability in Europe

• Global economic recovery

• Long-term global interest rates

How have oil prices affected Asian currencies according to the transcript?

• They have stabilized Asian currencies.

• They have had no effect on Asian currencies.

• They have weakened Asian currencies.

• They have strengthened Asian currencies.

What is the general outlook for the global economy as discussed in the transcript?

• The outlook is negative.

• The outlook is uncertain.

• The outlook is generally favorable.

• The outlook is deteriorating.