Essential Asia: Policy Bear Pa(w)se

A macro strategist’s view on Asian economies and markets


  • The RBA, RBI and MAS have decided to take a pause in their latest monetary policy decisions.
  • China and Thailand are the exceptions. China cut the RRR by 100bp and Thailand surprised with a 25bp rate cut.
  • Risk appetite built up across emerging markets as investors switch from bonds to equities.
  • US$ strength ahead could be more gradual and accordingly, we revise our Asian FX forecasts.

For full analysis, download report: Essential Asia: Policy Bear Pa(w)se (PDF, 523 KB)