FPAM Penang Chapter CE Workshop | Global Market Outlook and The Acceleration of De-Dollarisation by James Chin

RM260.00

Date	27 June 2024
Time	9.00am – 5.00pm
CE/CPE/CPD	10 CE Points / 10 CPE Points / 8 CPD Points
Facilitator	James Chin

SKU: N/A Category: Workshops

China’s reopening story fizzled out with the Hang Seng Index slipping into a bear market and the Chinese yuan fell to its lowest level in 16 years in August 2023 with the second-largest economy in the world facing a deep real estate crisis threatening the possibility of a systematic risk happening. To make things worse, not only growth is stalling, consumer prices are also falling and youth unemployment has risen so much that the Chinese government decided to stop publishing this data.

Globally, core inflation remains stubbornly high in many parts of the world and is one of the key economic data hurting global growth and with China slowing down, is there going to be a global recession in 2024?

In 1974, Saudi Arabia priced its oil exclusively in US dollars in exchange for security guarantees from the United States. This petro-link is one of the pillars on which the US dollar rests as the world’s primary reserve currency today. During the 2023 World Economic Forum in Davos, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, stunned reporters when he expressed that the oil-rich nation was open to trading in currencies besides the U.S. dollar for the first time in 48 years. Is this the beginning of de-dollarisation?

This course will analyse key global economic data and the consequences of a global economic slowdown on various countries and asset classes besides analysing the possibility of de-dollarisation.

Learning Outcome

By the end of the course, participants will be able to:

Analyse and review the latest movements and updates in global markets.
Analyse and evaluate key global economic data and their impact on different countries and asset classes.
Analyse the possibility of de-dollarisation.
Analyse and evaluate investment opportunities and risks going forward.

Learning Outline

li>Understand the power of positive thinking and mindset change.

8.30 – 9.00 am	Registration / Pre-Assessment
9.00 – 10.30 am	United States – Impact and Implications Key economic data US foreign and trade policies US Federal Deficit / Surplus Inverted treasury yield curve
10.30 – 10.45 am	TEA BREAK
10.45 – 11.45 am	Europe – Impact and Implications European Union Key economic data ECB’s economic and monetary policy
11.45 – 12.30 pm	Japan – Impact and Implications Key economic data BOJ’s economic and monetary policy
12.30 – 2.00 pm	LUNCH BREAK
2.00 – 2.45 pm	Emerging Markets – Impact and Implications Key economic data China’s shadow banking China’s Local Government Financing Vehicle (LGFV)
2.45 – 3.30	ASEAN and Australia – Impact and Implications Key economic data Key Central Bank’s economy and monetary policy Malaysia – Madani Economy
3.30 – 3.45 pm	TEA BREAK
3.45 – 4.45 pm	De-Dollarisation – Impact and Implications International role of the US Dollar The rise of BRICs+ US Dollar as an asset and debt
4.45 – 5.00 pm	Q&A Session Questions and Answers session for final clarifications

Facilitator

James Chin,

James Chin is a HRD Corp Accredited Trainer who specialises in investment and the global economy with more than 2 decades of experience in the financial industry. He was formerly a Director at CIMB Private Banking and CIMB Principal Asset Management and was previously a licensed Capital Market Services Representative (CMSR) holder for fund management from the Securities Commission of Malaysia. He currently conducts trainings for banks and MNCs on investments, financial planning and leadership.

James obtained his Commonwealth Executive Master of Business Administration from Wawasan Open University and is also an Institute of Chartered Secretaries and Administrators (ICSA) graduate. He currently lectures part-time at Wawasan Open University on Leadership and Organisational Management courses.

Terms & Conditions

Registration is on a first-come-first-served basis, only 30 seats are available.
Participants need to sit in for the workshop throughout the day to receive the certificate and to fulfill the endorsement of points.
Confirmation is subject to receipt of payment before the workshop.
FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.

Frequently Asked Questions

1. How long will each physical program take?

Each physical program is the equivalent of a day’s CE Workshop training for approximately 8 hours with the morning & afternoon coffee break and lunch in between. The duration of the program excluding the break is 6 hours.

2. Can I attend only half the sessions of the training?

You will need to sit in for the session throughout the day unless you have a valid reason or a copy of proof.

3. Mode of payment?

We accept payment by credit / debit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).

4. How secure is shopping? Is my data protected?

Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card, and bank details cannot be retrieved by any third party. Credit card payments will also be verified through the 3D secure procedure.

5. Who should I contact if there is any transactional issue or problem purchasing any product/service?

Kindly drop a message below with the problem statement, and we will get back to you as soon as possible.