Good MornING Asia - 23 June 2020

The Coronavirus numbers are marching steadily higher, but for now, markets seem to be ignoring that. Instead, they will probably latch on to the relatively positive data coming from global PMI indices

In this bundle

Today - mainly good news

OK - the Coronavirus numbers are marching steadily higher, but for now, markets seem to be ignoring that. Instead, they will probably latch on to the…

Asia Morning Bites

ASEAN Morning Bytes

Sentiment recovers with investors looking to PMI manufacturing for further direction

China

China: Rate cut on hold even as Covid-19 cases have increased

China's central bank, PBoC, has kept interest rates on hold. The decision came in the middle of an increase of Covid-19 cases. Central bank easing may…

New Zealand

New Zealand: Limited options for the RBNZ

Weak 1Q GDP in the face of a mild Covid-19 outbreak shows that no economy is immune to the effects of this virus. There is little scope for more central…

and

Thailand

Bank of Thailand to signal end of its easing cycle

The case for further monetary easing remains strong but there is not much easing space left for the Bank of Thailand. We consider the current easing cycle…