Good MornING Asia - 6 August 2019

Trade War, possible currency war, N Korea firing missiles, Kashmir a tinderbox, Hong Kong in chaos, and maybe few others. Asia is not feeling a particularly comfortable place right now - markets are a sea of red

In this bundle

Opinion

Asia in turmoil

Trade War, possible currency war, N Korea firing missiles, Kashmir a tinderbox, Hong Kong in chaos, I'm probably missing a few others. Asia is not…

Australia

RBA unlikely to help the Aussie dollar's clouded outlook

The re-escalation of trade wars and the drop in the Chinese Yuan is dampening appetite for the highly-exposed AUD. Tomorrow's Reserve Bank of…

New Zealand

RBNZ set to cut rates

Wednesday's Reserve Bank of New Zealand is widely expected to deliver a further cut in the cash rate to 1.25%

China

USD/CNY pushes above 7.0

The People's Bank of China fixed the renminbi at 6.9225 today, up from 6.8996 on Friday in what they suggest is a response to the latest round of…

Indonesia

Indonesia: 2Q GDP at 5.05%, in line with forecasts

Indonesia posted a 5.05% expansion in the second quarter of the year, slipping from 5.07% in the first but the government expects a pick-up in the second…