Good MornING Asia - 6 July 2020

Inflation, manufacturing and trade releases and central bank policy decisions in Australia and Malaysia will be driving the Asian markets this week besides the Covid-19 developments

In this bundle

Australia

RBA preview: Currency comments to drive reaction

From a rates perspective, there is little need for Australia's central bank to do anything on Tuesday. The only cause of concern may be the AUD and…

and

Malaysia

Why should Malaysia’s central bank be cutting rates again?

The end of Covid-19 lockdown may have provided some traction to Malaysia’s economy. Still, a deeper recession in decades and prospect of a prolonged…

Singapore

Singapore’s May retail sales plunge 52%

As Singapore sees the worst drop ever recorded in retail sales, we foresee private consumption as the main expenditure-side source of 2Q20 GDP crash

Thailand

Thailand: Has inflation bottomed?

We don’t think the price gains seen in June will be durable enough to bring inflation back into positive territory for the rest of the year