Daily FNArena News - International

Weaker economic data out of Japan has pushed the yen lower in recent weeks, with opinions divided as to when the curerncy may recover against the greenback.

Taiwan appears most at risk among the Asian economies from a slowdown in global growth given the poor earnings outlook for its corporate sector.

Lower than expected CPI data in Japan has the market revising its expectations for future rate hikes, though the economic recovery remains on course.

Danske Bank suggests China will move to a more flexible exchange rate and currency revaluation, but it is likely to be at a slower pace than many in the market would like to see.

Standard Chartered Bank suggests looking more deeply at Chinese economic figures shows an economy that is far from overheating and in some cases is showing signs of slowing down.

Experts agree China must do more to slow down its economic growth, as the latest interest rate rise by itself is unlikely to have much impact.

The People’s Bank of China has lifted official interest rates, but experts suggest more changes, particularly a strengthening of the currency, are necessary if growth is to moderate.

A drift off in inflation will prompt a round of interest rate cuts from ASEAN nations, HSBC predicts.

There has been no change to Morgan Stanley’s positive outlook for the Japanese economy despite lower than expected growth in the June quarter.

HSBC suggests as long as the US economy doesn’t experience a hard landing, demand from China will be enough to continue driving commodity prices higher.