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  • Global Financial Turmoil - Momentous Events

    Date: 30 September 2008
    Author: Gerard Lyons
    Region: Global Overview
    Categories: Economics

    The failure of the US Congress to approve the Paulson plan was not in the script A deep and long US recession should not be ruled out Time to watch closely the contagion effect from the West to emerging markets

  • Australia – Balance sheet hangover

    Date: 8 January 2009
    Author: Simon Wong
    Region: South East Asia
    Categories: Economics

    ...flow of funds data for signs of potential financial adjustments ahead Credit turmoil, falling trade terms to put nation’s balance sheet to test Managing...

  • Malaysia – Fading growth momentum

    Date: 9 October 2008
    Author: Alvin Liew
    Region: South East Asia
    Categories: Economics

    ...weak growth for some time, and the current global economic and financial turmoil is likely to create more obstacles in coming quarters. Meanwhile, the days...

  • Fixed Income Daily – 03 October 2008

    Date: 3 October 2008
    Author: Brandon Loe, Danny Suwanapruti, Edward Lee Wee Kok
    Region: South East Asia, Americas
    Categories: Fixed Income

    ...recent good performance; we reiterate our bullish SGD rates outlook as financial turmoil compounds growth conditions Thailand – Potential dearth of supply near-term further fuelled...

  • United States – Rate cuts next year

    Date: 17 September 2008
    Author: David Semmens
    Region: Americas
    Categories: Economics

    ...remains highly uncertain. Although the statement noted recent economic weakness and financial turmoil it did not, rather surprisingly, comment on the improvement in inflation expectations...

  • The Race to the Bottom

    Date: 27 November 2008
    Author: David Mann, Marios Maratheftis, Mike Moran, Robert Minikin
    Region: Global Overview
    Categories: Foreign Exchange

    ...interest rates cuts will set the tone for AXJ policy rates Political turmoil in Thailand and terrorist attacks in India will impact AXJ markets Calendar...

  • Fixed Income Daily – London edition – 24 October 2008

    Date: 24 October 2008
    Author: Brandon Loe, Brian Verlaan, Danny Suwanapruti, Delphine Arrighi
    Region: South East Asia, Africa, North East Asia, Middle East & North Africa
    Categories: Fixed Income

    ...T-bills and bond auctions largely undersubscribed despite ample liquidity South Korea – Turmoil persists in Korean markets, as KOSPI falls by another 10%; focus on...

  • Fixed Income Daily – London edition – 23 October 2008

    Date: 23 October 2008
    Author: Brandon Loe, Danny Suwanapruti, Delphine Arrighi, Frances Cheung
    Region: China, Africa, North East Asia
    Categories: Fixed Income

    ...rose on higher HIBORs; South African bonds bearish mainly driven by global turmoil rather than local fundamentals; TGB yields down on bearish equities; Uganda primary...

  • Fixed Income Daily – London edition – 15 October 2008

    Date: 15 October 2008
    Author: Brandon Loe, Danny Suwanapruti, Delphine Arrighi, Edward Lee Wee Kok
    Region: China, South East Asia, Africa, North East Asia
    Categories: Fixed Income

    ...more T-bill auctions this month; Uganda auction cancelled due to global turmoil Please refer to PDF version for charts and figures

  • Hong Kong – Stirred but not shaken

    Date: 8 October 2008
    Author: Kelvin Lau
    Region: China
    Categories: Economics

    Contagion is rising, and the latest wave of financial turmoil makes things worse We lower our GDP forecasts for 2008 and 2009...

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