We expect NAB’s Non-rural Commodity Price Index to fall by 4.9% in Q2
Insight
February 15, 2015
Essential Asia: Conviction Tested
A macro strategist’s view on Asian economies and markets
- Our conviction towards gradual CNY appreciation is being tested. We acknowledge the near term risks and revise our USD/CNY forecasts.
- Central banks are leaning toward more accommodative policy stances with the RBI and MAS adopting intermeeting cuts.
- We revise our USD/Asian FX forecasts higher after reassessing the FX environment post-SNB and RBA shocks and in view of potential revisions to G10 forecasts.
For full analysis, download report: Essential Asia: Conviction Tested: February 2015 (PDF, 1.4MB)
