Good MornING Asia - 31 May 2018

It seems odd, but the Italian coalition government markets once most feared is now deemed preferable to another election

In this bundle

Opinion

By Robert Carnell

Markets recover from latest jitters

It seems odd, but the Italian coalition government markets once most feared, is now deemed preferable to another election

Why we’re forecasting the yuan to depreciate

United States

China

Why we’re forecasting the yuan to depreciate

Even though concerns about depleting foreign exchange reserves could limit the extent of yuan weakening, a depreciation trend is more likely than before.…

China

China’s Xi speaks, Trump reacts

Tensions over a US-China trade war are far from over. On 28 May-before the US announced possible tariffs on Chinese imports and a control list on…

India

India: Weak rupee to push RBI to tighten next week

An accelerated currency depreciation trains the market focus on the Reserve Bank of India’s (RBI) forthcoming policy meeting on 6 June. We expect…

Thailand

Thailand’s central bank signals steady policy

We continue to forecast no change to the Bank of Thailand monetary policy this year. We see the current global market turmoil pushing USD/THB to 32.50 in…