Analysis on Fixed Income, Fx & Equity Markets

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... 2008-12-09

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... 2008-12-09

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... 2008-12-08

BMI View: With inflation having decelerated sharply in recent months and the Taiwanese economy being battered by external headwinds, financial market turmoil and sagging domestic... 2008-12-05

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... 2008-12-04

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... 2008-12-03

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... 2008-12-03

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... 2008-12-03

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... 2008-12-02

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