Good MornING Asia - 31 October 2018

In a slew of weak manufacturing reports from Asia recently, Thailand yesterday reported a steeper than expected manufacturing fall for September and Korea joined in today with even more dismal industrial production figure. China manufacturing PMI is an important release for the markets today

In this bundle

ASEAN Morning Bytes

General market tone: Wait and see. Risk markets bounced back on Tuesday in reaction to comments from the White House and positive economic data but…

China PMI will continue to drop but remain above 50

We expect that China's manufacturing PMI and non-manufacturing PMI will continue to drop but show that activity is still expanding, thanks to tax cuts…

South Korea

Korean production for September - Weak

Production in Korea fell 2.5% from the previous month to land 8.4% lower than a year ago. Expectations weren't strong, but this is a particularly weak…

Thailand

Thailand: Weak activity leads GDP forecast downgrade

Following weak September manufacturing activity, we have cut our 3Q18 GDP growth forecast to 3.7% from 4.1%, and full-year 2018 growth forecast to 4.2%…