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  • 24-Apr – Moment of truth for the JPY trade - Updated Wed April 23, 2014

    • Top 3 data/events • Philippines – Trade deficit likely narrowed in February • Singapore – IP likely remained robust in March • US – Still waiting for the corporate capex boom • Market focus • We expect Japan’s core CPI inflation to have rema...

  • 23-Apr – Solid Korean growth and the KRW puzzle - Updated Tue April 22, 2014

    • Top 3 data/events • New Zealand – RBNZ will likely hike the cash rate again, to 3.00% • Germany – IFO to show firm fundamentals dampened by shaky outlook • US – Markit PMI survey may show ongoing manufacturing expansion • Market focus ...



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Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.