Inflation and energy prices dominate the conversation – Asian Midday Marketwatch

Vishnu gives his insights on:

• The possible reasons for performance of markets across the region
• Numbers out of China this morning show that Gross Domestic Product (GDP) grew 4.9 percent in the third quarter from a year ago which missed expectations for a 5.2 percent expansion. Industrial production rose by 3.1 percent in September, below the 4.5 percent according to analysts polled by Reuters. Vishnu gives his view on whether or not this backward looking data is reinforcing the increased concern over possible stagflation.

Vishnu had Indonesia in the spotlight in his commentary this morning. He gives us a sense of what are the key macro focuses of the Bank Indonesia and its impact on the rupiah, especially since the rupiah has been the best performer for Q3 amongst emerging markets Asia foreign exchange.

• Oil prices continue to surge. Vishnu gives us insights into whether or not this is this transitory or if there is something deeper underlying the surge.

Finally Vishnu shares with us the events and data points this week that may move markets.

Guest: Vishnu Varathan, Head of Economics and Strategy, Mizuho Bank

Presenter: Brian Fernandez