Good MornING Asia - 26 June 2018

With trade tensions spilling over into asset markets, it is time to consider if our risk scenarios are becoming the base case

In this bundle

Opinion

By Robert Carnell

Risk case becoming base

With trade tensions spilling over into asset markets, it is time to consider if our risk scenarios are becoming the base case.

China

China RRR cut reduces risks from reform and trade war

A targeted cut in the reserve requirement ratio of 0.5 percentage point will add CNY700 billion of liquidity to facilitate debt-to-equity swaps and…

India

Indian Banks: A fundamental overview

In India, public sector banks have been harder hit than their private counterparts. Will that trend continue? We take a look

India

Indian Banks: The final cleanup

Indian banks are going through the final phase of their balance-sheet cleanup. This completes a five-year process of purging legacy non-performing loans…

Indonesia

Indonesia: May trade deficit is the second worst in four years

The deficit of -$1.52bn is the second worst in four years and is expected to further deteriorate to -2.5% of GDP in the second quarter. We expect all of…

Singapore

Singapore May inflation noses a little higher

All items consumer price inflation is still only 0.4%YoY (May), but the MAS core inflation rate has also edged up and now stands at 1.5%YoY.

Taiwan

Taiwan’s electronic sector holds up well but keep an eye on market volatility

The export-driven economy seemed to be doing fine in May as electronics supported industrial production growth. As trade tensions escalate, we forecast…