Good MornING Asia - 18 July 2019

The central banks in Korea and Indonesia are meeting to review their monetary policies today. We see both cutting the policy rates by 25bp.

General market tone: Risk-off. Investors to move sideways with a downward bias, digesting trade war concerns and the Fed beige book

… raises the odds of the Monetary Authority of Singapore easing monetary policy well ahead of the next scheduled semi-annual policy review in October