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Good MornING Asia - Change of mindset at central banks
Lots of change happening in central banks: The PBoC resets its counter-cyclical factor to zero; the BoK gets some further ammunition for tightening; and the Fed’s Rosengren suggests shifting the Fed’s inflation target
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Global - Change of mindset at central banks?
The Fed’s Rosengren suggests shifting the Fed’s inflation target.
China - Liberalizing the CNY
The PBoC’s resets counter-cyclical factor in the CNY fixing mechanism to zero signals return to liberalization of the exchange rate mechanism.
Korea - Improved labor market conditions in December
The BoK remains on course of tightening this year with our forecast of two 25bp policy rate hikes in the second and fourth quarters.
Philippines - Persistent wide trade deficit
November trade data is likely to reinforce vulnerability of the PHP to weakness in the external payments position.
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more