• RGI rose 2.3% m/m in January, the fastest gain in eight months; index shows steady momentum
• We see upside risk to USD-CNY in the near term; band widening is unlikely until at least H2-2015
• Shanghai FTZ spearheads capital account liberalisati...
• Top 3 data/events
• Japan – May exports likely slowed; BoJ minutes unlikely to surprise
• Thailand – BoT’s easing cycle is likely over
• US – Housing starts likely edged lower; CPI may have continued rising
• Market focus
• Growth impact...
Latest Taiwan data shows growth momentum picking up and inflation edging higher
The recent student protest is likely to have only a minimal impact on the near-term growth outlook
Policy makers may consider shifting to a neutral monetary stance and...
We expect a further pick-up in domestic economic activity in H2 and a positive tech-sector outlook
• USD-TWD is likely to consolidate in Q3 on TWD NEER, weaker seasonality and a stronger USD outlook
• We maintain Neutral short-term and Overweight...
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