Analysis on Fixed Income, Fx & Equity Markets

The spread of spot CNY over 12-month CNY non-deliverable forwards (NDFs) - a leading indicator of investor sentiment towards the Chinese yuan - has narrowed sharply since reaching... 2008-10-17

BMI View: We remain bearish the Korean won, believing that the unit will touch new lows in spite of the emergency package flagged by the South Korean government today. However, having... 2008-10-17

Although we currently retain a reasonably sanguine outlook for the Chinese economy, forecasting real GDP growth of 10.1% in 2008 and 9.7% in 2009, we recognise that downside risks... 2008-10-16

Following another day of very sharp losses on Thursday, we are reiterating key downside levels for several Asian stock markets. While we do not preclude short-term bounces, the overall... 2008-10-16

BMI View: We now see an increasing likelihood of a rate cut at the Reserve Bank of India 's upcoming monetary policy meeting on October 24 as growth concerns are rapidly moving to... 2008-10-16

Annual remittance growth from overseas Filipino workers (OFWs) slowed to a five-month low in August, as the ongoing global economic slowdown began bite following two consecutive months... 2008-10-15

BMI View: Pakistan's external accounts are likely to remain vulnerable throughout FY2008/09 with the current account forecast to remain deep in the red, although easing commodity... 2008-10-14

Despite financial markets bouncing sharply across Asia over the past two days following the recent coordinated response to the unfolding crisis around the world, we continue to highlight... 2008-10-14

Asia's financial markets are enjoying a strong bounce in line with the US Dow Jones and coordinated international action to relieve tight credit conditions, but they are not out of... 2008-10-14

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... 2008-10-10