Countdown to Christmas CIO Weekly Investment Outlook

In this week’s Deutsche Bank International Private Bank Chief Investment Office Weekly Investment Outlook podcast, published in the week of Christmas 2022, our Asia Pacific CIO Stefanie Holtze-Jen reflects on the ECB’s hawkish stance and higher inflation projections. Stefanie points out the CIO accurately anticipated the ECB’s resolve to fight inflation all of this year, above market consensus.
In the U.S., Stefanie says in the week ahead the market has data to digest and will go back to shifting attention back to assessing how the U.S. economy is doing.
In Asia, Stefanie talks about Bank of Japan which is expected to hold rates when it meets this week, while Bank Indonesia is expected to raise rates. Then for the giant economic anchor for the Asia region, Stefanie says China is currently holding its important Central Economic Work Conference, which could, while not reporting exact numbers on growth targets, provide more high-level messaging, supporting investor confidence for China. 
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