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) 

The AUD in November 2023

The AUD in November 2023

1 December 2023

The AUD in November AUD/USD returned to ‘normal’ levels of monthly volatility in November.

The AUD in November 2023
Markets Today – The Cool Out

Markets Today – The Cool Out

1 December 2023

After what has been a solid month for equities and bond investors, month end flows have probably play their part in the price action overnight, US equities have lost momentum, UST have led a rise in core global bond yields and the USD is stronger. US and European inflation releases favoured the notion the Fed and ECB are done with their respective tightening cycles.

Markets Today – The Cool Out