Standard Chartered Bank lowers Thailand's 2015 GDP forecast to 5.1 pct
Mar 05, 2015 07:28 am UTC| Commentary
Quotes from Standard Chartered The execution of public infrastructure projects - including a dual-track rail system and the extension of subway and motorway networks - has been slower than our expectations so...
Standard Chartered: Falling oil prices to boost growth in Thailand
Mar 05, 2015 07:26 am UTC| Commentary
Quotes from Standard Chartered The biggest previous drop in global oil prices was in 1986, when they fell by 67%. The Thai economy benefited signficantly due to its net oil importer status, with economic growth...
Credit Agricole: India's RBI rate cut to support the economy
Mar 05, 2015 06:32 am UTC| Commentary
Quotes from Credit Agricole The RBI cut the repo rate by 25bp, outside of its policy review cycle for the second time this year. Signs of economic weakness, faster than anticipated disinflation, valuable structural...
Barclays: BSP's next rate hike likely in Q4 2015
Mar 05, 2015 06:24 am UTC| Commentary
Quotes from Barclays The Philippines February inflation was in line with expectations, but core inflation unexpectedly edged up to 2.5%, from 2.2% in January. Rice and overall food inflation continued to ease, and...
Standard Chartered Bank: Exports likely slowed in January
Mar 05, 2015 05:30 am UTC| Commentary
Quotes from Standard Chartered Bank The Department of Statistics will announce January trade data on 6 March. We expect export growth to have slowed to 0.8% y/y from 2.7% in December. Weaker commodity prices will affect...
Standard Chartered Bank: We expect a BoK rate cut in Q2-2015
Mar 05, 2015 05:24 am UTC| Commentary
Quotes from Standard Chartered Bank We now expect the Bank of Korea (BoK) to cut the policy rate in Q2-2015, versus ourprevious forecast of Q1. We think the Monetary Policy Committee (MPC) will keepthe rate on hold at...
Standard Chartered Bank: Elevated TWD NEER to weigh on the TWD
Mar 05, 2015 05:22 am UTC| Commentary
Quotes from Standard Chartered Bank The Taiwan dollar (TWD) has been the strongest performer against the US dollar (USD) in Northeast Asia YTD, appreciating by 0.68%. It has benefited from strong equity inflows, with...
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