Analysis on Fixed Income, Fx & Equity Markets

The Vietnamese dong has experienced a higher degree of stability after the latest devaluation on November 25. However, we expect downside pressure on the currency to persist and are... 2009-12-15

BMI View: The recent currency reform and the ongoing nuclear deadlock remain the key political risks facing North Korea. While public anger at the won's redenomination appears to... 2009-12-09

We are forecasting real GDP growth to slow to 5.5% in FY2009/10 (July-June) as the effects of improved political stability are offset by a poor outlook for agricultural and industrial... 2009-12-07

BMI View: Japan's authorities have thrown more fiscal and monetary ammunition at its ailing economy in a bid to reverse deflation and weaken the yen. We not only doubt these policies... 2009-12-02

BMI View: North Korea's revaluation of its won currency is potentially risky, for it is reportedly causing great confusion and threatens to strip citizens of considerable savings.... 2009-12-01

While we had not been pencilling in another rate hike this year, the Reserve Bank Of Australia (RBA)'s decision to raise its policy rate by 25bps for a third consecutive month to... 2009-12-01

It's not just Australia (see 'Receiving Rates In A Deflationary Environment', in our Daily Financial Alert) where the markets are rapidly reassessing their expectations of interest... 2009-11-27

The failure of Japanese stocks to join in the global equity party - especially in the context of an Asia-driven global economic recovery - has led some to believe that the Nikkei... 2009-11-26

Our 2009 real GDP growth forecast stands at 5.1%, with Q309 estimates of 5.2% y-o-y expansion being testimony of the resilience of the service sector in the face of a global downturn.... 2009-11-25

We are forecasting real GDP growth of 4.8% in 2009 as strong agricultural growth and fiscal and monetary stimulus have supported domestic demand in the midst of falling exports and... 2009-11-25