Good MornING Asia - 28 September 2018

The outlook for Asian currencies is in large part a function of the strength of the USD, and the US currency shows few signs that it is willing to capitulate.

In this bundle

Opinion

By Robert Carnell

Dollar digs in

The outlook for Asian currencies is in large part a function of the strength of the USD, and the US currency shows few signs that it is willing to…

ASEAN Morning Bytes

General market tone: Wait and see. The Fed’s widely anticipated rate hike was met with mixed reactions with Powell espousing looking more at…

Asia week ahead: Calm after the storm

After a hectic week, the Golden Week holiday in China should bring some calm to markets. The key question for next week is whether the Indian central bank…

China

Trade war eating up China industrial profits

While other data still have yet to show the trade war impact, industrial profits seem to show that the trade war is eating up profits of manufacturers in…

Indonesia

Indonesia: BI walks the talk, hikes rates by 25bps

Bank Indonesia (BI) followed through on its pledge for pre-emptive steps by carrying out a 25 basis point rate hike. The bank's decisive stance has…

Philippines

Philippines central bank whips out another 50 bps rate hike

The central bank raised its policy rate by 50 basis points to 4.5% as it looks to anchor inflation expectations

Taiwan

Taiwan central bank on hold while we cut our GDP forecast

We expect the central bank to stay put for 2018 and perhaps even for 2019 as it is difficult to cut interest rates to help a gradually slowing economy.…