APAC: The Macro Monthly - The Macro Monthly

	6 April 2015 ASIA PACIFIC Economics
The Macro Monthly  |  PDF
Author(s): Arup RAHA +65 6210 8412, Julia GOH
Overview   Some trends are getting established but markets are still likely to stay skittish with a fair amount of emphasis on upcoming data. Asian growth is diverging but inflation, currencies and monetary settings are all headed in the same direction. – pg.2     Economic Focus While dollar strength and Fed policy will influence regional currency movements, there are other influences at play too. We identify four factors that could affect Asian currencies over the next few months. – pg.4   F/X strategy The US dollar should head up after a short correction. There are some attractive short-term trades that could take advantage of this move. – pg.10   Fixed Income Strategy In our review of US Treasuries and Malaysian, Indonesian and Thai bonds, we look at what is being factored in before the next monetary policy meetings and how to position for them. – pg.13   Central Bank Watch – pg.16   News, Data & upcoming calendar – pg.19   Selected Forecast – pg.25          |           |