A monthly review and outlook of the Asian Quality Bond market.

Key highlights - as at December 2017

 

 

  • Markets felt a lot calmer in December with credit spreads largely range bound amid a continued concern over higher US rates and a stronger dollar.
  • The outlook for Asian economies looks challenging for 2017. The region is facing heightened external uncertainties which include potentially a faster than expected Fed rate hike.
  • Asian central banks have room to cut policy rates to spur growth, though we believe many will at least wait for their currencies to stabilize before contemplating their next move.
  •  

     

     

    Please click "Download PDF" for full article.