China’s reforms may be moving at a slow pace, but HSBC says they seem to be straight out of World Bank executive summaries and that a strange sort of soft landing is on the cards.
China’s manufacturing production grew for the seventh straight month in June, but input cost increases more than balance out higher prices.
Consensus estimates point to a 0.25% increase in Japan’s interest rates, although a more conservative 0.15% may eventuate.
Credit Suisse believes Asian markets should benefit from an anticipated reaccelaration in US growth from the December quarter onwards.
HSBC has some advice for Chinese policymakers: don’t bank on currency appreciation to reign in foreign investments, it won’t work.
Despite government moves the contrary, the Chinese economy has accelerated. Several respected ratings agencies have now put out warning reports. China is facing a banking crisis.
Have investors treated Korean companies too harshly? Some brokers certainly believe so.
Investors should mind the growing interdependence between Asian economies, Credit Agricole says.
The irrepressible Andy Xie, Morgan Stanley’s man in Hong Kong, believes receding global liquidity will leave room for China to finally raise rates.
Unexpected USD strength, coupled with geopolitical tensions have caused ANZ to raise its USD/JPY forecasts.