Good MornING Asia - 8 August 2018

The recent depreciation of the yuan hasn't seen massive capital outflows from China and surprisingly the country's foreign exchange reserves have increased to $3117.95 billion. Going forward, we expect reserves to remain relatively stable as the central bank steps in and the government expand FDI inflows

In this bundle

China

Despite yuan depreciation, China reserves continue to grow

The recent depreciation of the yuan hasn't seen massive capital outflows from China and surprisingly the country's foreign exchange reserves have…

Taiwan

Taiwan: Export outlook dims

Taiwan exports slowed more than expected and import growth accelerated in July due to higher crude and metal prices. We are not particularly optimistic…

Philippines: Inflation soars further in July

High July inflation of 5.7% raises the chances of a 50 basis point rate hike by the central bank this Thursday

Thailand

Thailand: What to expect from the central bank

We continue to forecast no change to Thailand's central bank policy for the rest of this year. While recent market stability undermines our view of…