Fidelity: What we expect from the fourth quarter

• Monetary policy is increasingly sensitive to inflation dynamics. As inflation in the US and UK has proved more persistent than expected, central banks appear increasingly prone to raising interest rates and may even make these interventions in 2022.

• China’s perception is likely to be divided in the short term. At the same time, China is seriously working to make its economy more resilient, and the long-term yield/risk outlook can be described as attractive.