Analysis on Fixed Income, Fx & Equity Markets
Indonesia
Indonesia's rupiah leapt higher by 6.3% on December 9 to close at a one-month high of IDR10,870/US$, smashing through the IDR11,000/US$ target we set on December 8 as news of the...
2008-12-09Australia
BMI View: After cutting interest rates by a total of 300 basis points (bps) during September-December 2008, BMI expects the Reserve Bank of Australia to continue lowering borrowing...
2008-12-09Indonesia
The Philippine peso and Indonesian rupiah look well poised to extend upon recent gains made against the US dollar as they continue to retrace from oversold territory. Indeed, the...
2008-12-08BMI View: With inflation having decelerated sharply in recent months and the Taiwanese economy being battered by external headwinds, financial market turmoil and sagging domestic...
2008-12-05Indonesia
BMI View: Indonesia remains vulnerable to further externally-driven instability, due to its perceived riskiness, weak currency, high levels of foreign debt, and its falling forex...
2008-12-04Pakistan
Second-guessing when the stock market floor that the authorities have kept under the Karachi Stock Exchange-100 index since August will be terminated has proved to be a somewhat fruitless...
2008-12-03China
The Chinese yuan's cross-rates offer some clues as to the next level for the yen. The yen is currently testing key resistance at JPY13.50/CNY (or CNY0.0741/JPY), and from a technical...
2008-12-03Malaysia
With the persistence of global risk aversion and an ongoing deterioration of economic conditions in Asia, we reiterate our bearish view of regional currencies. Evidence of deep recession...
2008-12-03Thailand
BMI View: The dissolution of the ruling People Power Party (PPP), while a victory of sorts for the protesting People's Alliance for Democracy (PAD) movement, does not spell an end...
2008-12-02South Korea
The sharp drop in South Korean exports in November opens the way for continued aggressive monetary easing by the Bank of Korea (BoK). While a rate cut at the BoK's next meeting...
2008-12-01




