Analysis on Fixed Income, Fx & Equity Markets
Japan
Japan's Nikkei 225 Index appears to be heading for its lowest level in 25 years after plunging by a further 9.62% on Friday, October 10. The market closed at a five-year low of 8,276.43...
2008-10-10Pakistan
While things are arguably still looking dicey with regards to Pakistan's sovereign debt outlook, we note some discernible glimmers of hope as this week comes to a close. Most conspicuously,...
2008-10-10India
BMI View: We believe the Reserve Bank of India (RBI) will need to implement further measures to uphold liquidity in the domestic banking system and shield the economy from global...
2008-10-10South Korea
The decisions by the Bank of Korea (BoK) and Central Bank of the Republic of China (CBRC, Taiwan) to cut interest rates by 25bps to 5.00% and 3.25% respectively should provide some...
2008-10-09South Korea
We believe that South Korea's won could fall towards the KRW1,650-1,725/US$ range, if the current rout fails to peter out soon. The won has already plunged to a fresh 10-year low...
2008-10-08Thailand
In a dramatic escalation of events, Thai Prime Minister Somchai Wongsawat has ordered the police to break through a siege held by the opposition People's Alliance for Democracy (PAD)...
2008-10-07Australia
The Reserve Bank of Australia (RBA)'s decision on October 7 to cut its Cash Rate by 100bps - the steepest reduction since the 1992 recession - to 6.00% came as a surprise, but may...
2008-10-07Indonesia
Although we retain a bearish view towards all Asian stock markets as the deepening global financial crisis continues to spark heightened risk aversion among investors, we caution...
2008-10-06
