Good MornING Asia - 10 July 2018

The inclusion of A-shares in the MSCI from June prevented a fall in China's foreign exchange reserves in the last month. Taiwan's data showed signs of the trade war impact starting to come through

In this bundle

China

Rising foreign reserves gives room for a weaker yuan

Foreign exchange reserves in China rose $1.51 billion in June from May, stopping the falling trend. A-share's inclusion in the MSCI from 1 June…

Taiwan: Trade war impact begins to come through

Headline export growth came in at 9.4% on the back of negative growth in electronic exports, which we see as an alarming signal. This could be the first…

India

India: Why we’re now looking for two rate hikes this year

We expect the India central bank (RBI) to hike rates at the August meeting and again in October, taking the policy rate to 6.75%. We see USD/INR trading…