Good MornING Asia - 30 April 2019

Could Korean March production data point to a slowdown in the rate of the slowdown? What else should we look for?

By Robert Carnell

Could Korean March production data point to a slowdown in the rate of the slowdown? What else should we look for?

General market tone: Slight risk-on. China's PMI data will set the tone for the markets ahead of the start of the FOMC meeting.

China's strong industrial profits in March matched with strong credit growth, and we think this should last for the rest of 2019

Since the central government described the Chinese yuan as a 'stable' currency, we have seen some structural changes in the movements of USD/CNY.…