Jason Tang
💼TradingKey Macroeconomic Analyst
🏅CFA (Chartered Financial Analyst)
🎓London School of Economics and Political Science | Master in Economics
📊Macroeconomy | Major Assets | U.S. Stocks | U.S. Bonds | Forex | Gold
Summary
Jason is a Senior Economist at TradingKey’s Investment Research Team, bringing over a decade of expertise in macroeconomic research, multi-asset class analysis, and econometric forecasting. He has recently begun sharing his investment research insights through video content.
Areas of Expertise
Analysing macroeconomic trends in the U.S., Europe, and Japan
Research asset allocation strategies (such as Stocks, Bonds, Forex, Commodities)
Conducting in-depth research and forecasting on Cryptocurrencies, Gold, and over a dozen Forex markets
Experience
TradingKey｜Macroeconomic Analyst 2024 – Present (Hong Kong) GF Securities｜Macro Strategist 2023 – 2023 (Hong Kong) Qatar National Bank｜Macroeconomic Analyst 2021 – 2022 (Doha, Qatar) TheCityUK｜Economic Analyst 2017 – 2021 (London, United Kingdom) Fitch Ratings｜Quantitative Economist 2008 – 2016 (London, United Kingdom)
Total 126 articles
China Q2 GDP Commentary: Stronger Growth Expected in the Second Half
TradingKey - On 15 July 2025, China released its Q2 GDP data, revealing a year-on-year real GDP growth rate of 5.2%, surpassing market expectations of 5.1% and exceeding the annual growth target of 5%.
Wed, Jul 16
One Big Beautiful Bill Act: Economic Impacts and U.S. Stock Market Strategies
TradingKey - On 3 July 2025, the U.S. House of Representatives passed the One Big Beautiful Bill Act, which was signed into law by President Trump the following day. In the short term, the Act—particularly its tax reduction provisions—is expected to provide a boost to the U.S. economy.
Mon, Jul 14
UK: Pound Surges, But Chasing Highs Needs Caution
While the pound has room to rise against the dollar in the near term, the UK’s economic risks and medium-term bearish outlook suggest investors should exercise caution when chasing pound gains.
Wed, Jul 9
Japan: Yen Likely to Rise or Stabilise, Unlikely to Fall, with High Odds for Bulls
TradingKey - We anticipate a high likelihood of the Japanese yen appreciating in the short term (0-3 months). This outlook is driven by two key factors: First, the diverging monetary policies of the U.S. and Japan (Federal Reserve rate cuts paired with Bank of Japan rate hikes) will support the...
Mon, Jul 7
U.S. June Nonfarm Payroll Commentary: Short-Term Data Improves, but Labour Market Weakness Persists
TradingKey - On 3 July 2025, the U.S. released its June nonfarm payrolls data, showing a job gain of 147,000, surpassing market expectations of 111,000 and May’s figure of 144,000. Additionally, the U.S. unemployment rate declined compared to the prior month. These figures signal a temporary strengt
Mon, Jul 7
Eurozone June Inflation Commentary: Mid-Term Bearish Outlook for the Euro, with Short-Term Rises Presenting Opportunities for Bears
TradingKey - On 1 July 2025, the Eurozone published its June inflation figures, which met market consensus: headline CPI edged up from 1.9% in May to 2.0%, while core CPI held steady at 2.3%.
Thu, Jul 3
Canada: Investment Opportunities in USD/CAD if Iran-Israel Conflict Reignites
TradingKey - Although the Iran-Israel conflict has subsided, a re-escalation could drive oil prices higher in the short term. As a major resource-exporting nation, the Canadian dollar (CAD) is closely tied to oil prices—higher oil prices typically strengthen the CAD.
Mon, Jun 30
[IN-DEPTH ANALYSIS] Iran–Israel Conflict: Investment Opportunities in U.S. Stocks, Crude Oil, and Gold if Tensions Escalate
TradingKey - On 13 June, Israel launched large-scale airstrikes on Iran, prompting swift retaliatory actions from Iran. Should the Iran-Israel conflict escalate further, potentially leading to extreme scenarios like the closure of the Strait of Hormuz, U.S. stocks are expected to decline in the...
Mon, Jun 23
[IN-DEPTH ANALYSIS] Australia: Under the Influence of Domestic and International Factors, AUD/USD Remains Bullish in the Short Term
Following the AUD/USD exchange rate increase in April and May this year, we believe there remains upside potential for the currency pair in the short term (0-3 months).
Mon, Jun 16
[HOTSPOT ANALYSIS] ECB June Policy Rate Commentary: Euro Dynamics Driven by the Fed, Not the ECB
TradingKey - On 5 June 2025, the European Central Bank (ECB) met market expectations by reducing interest rates by 25 basis points, bringing the deposit facility rate to 2%.
Tue, Jun 10
[IN-DEPTH ANALYSIS] Observing Bitcoin Price Trends from a Macroeconomic Perspective
After a comprehensive analysis, we believe that three favourable factors will overshadow a single adverse factor, supporting a continued upward price trend for cryptocurrencies, with Bitcoin at the forefront.
Mon, Jun 9
[HOTSPOT ANALYSIS] U.S. May Nonfarm Payroll Preview: Economic Bad News May Turn Into Good News for Stocks
TradingKey - The May non-farm payroll data is set to be released on 6 June 2025. Market consensus forecasts 130,000 new jobs, a decline from April.
Thu, Jun 5
[IN-DEPTH ANALYSIS] New Zealand: The Impact of Macroeconomic Factors and Monetary Policy on the NZD/USD
As signs of economic recovery emerge and the pace of RBNZ rate cuts slows, the New Zealand dollar is anticipated to continue appreciating against the U.S. dollar.
Tue, Jun 3
[IN-DEPTH ANALYSIS] U.S. Treasury Turmoil: If It Happens Again, What Would Be the Impact on U.S. Stocks and the Dollar?
TradingKey - The "One Big Beautiful Bill", Moody's downgrade of the U.S. sovereign credit rating, underwhelming U.S. Treasury auction results, and fading expectations for Federal Reserve rate cuts collectively triggered the U.S. Treasury turmoil on 21 May 2025.
Tue, Jun 3
[IN-DEPTH ANALYSIS] UK: Is Long GBP/USD Still Profitable？
In the short term (0-3 months), we expect GBP/USD to rise slightly. Here, we emphasize “rising + slight”.
Mon, May 26
Moody's Downgrades U.S. Rating: How Could a Short-Term Event Possibly Sway the Long-Term Bull Market of U.S. Stocks?
Looking ahead, with the Federal Reserve resuming its rate-cutting cycle, domestic tax reductions, and robust corporate earnings, we remain optimistic about the U.S. stock market.
Tue, May 20
U.S. April CPI Preview: Weaker-Than-Expected Inflation to Boost U.S. Stocks
TradingKey - Market consensus forecasts the April Headline CPI year-over-year (YoY) growth at 2.4%, unchanged from March. However, our analysis of leading indicators across CPI components suggests that April inflation will come in below this consensus estimate.
Mon, May 12
Will the New Taiwan Dollar’s Surge Continue? Likely Not!
TradingKey - Recent internal and external factors have driven a sharp appreciation of the New Taiwan Dollar (TWD). Looking ahead, despite potential pressure from the U.S., Taiwan’s export-oriented economy, emerging economic weakness, and China’s monetary easing ...
Wed, May 7
[IN-DEPTH ANALYSIS] Eurozone: EUR/USD Short-Term Outlook – One Word "Rise"; Two Words "Keep Rising"; Three Words "Continue to Rise"
TradingKey - In the short term (0-3 months), the EUR/USD exchange rate is expected to rise, primarily driven by developments on the USD side.
Tue, May 6
U.S. April Nonfarm Commentary: With Robust Employment, How Could U.S. Equities Not Rise?
The April non-farm payrolls data exceeded expectations. Should the labour market continue to demonstrate resilience, it could prevent a technical recession in the U.S. The persistent downward trend in inflation is likely to spur the Federal Reserve to restart its rate-cutting cycle. Bolstered by the
Tue, May 6
