Good MornING Asia - 23 July 2019

Reports of the US and China resuming trade negotiations next week are positive for risk sentiment, but escalating tension in the Middle East pushing oil higher are negative. We anticipate wait and watch sentiment taking hold of the markets ahead of the ECB meeting this week and the Fed meeting next week.

In this bundle

Asia Morning Bites

ASEAN Morning Bytes

General market tone: Wait and see. Investors will likely refrain from making substantial bets ahead of key central bank meetings in the week.

Taiwan

Taiwan: Export orders fall and will keep on falling

Despite flattering base effects given weakness last year, Taiwan continues to disappoint. We wonder whether policies to attract manufacturers to set up in…

Thailand

Thailand: Wide external surplus dents drive to curb baht strength

The Bank of Thailand's latest efforts to curb appreciation in the Thai baht are proving ineffective and aggressive interest rate cuts are needed to…