We deep dived into the latest happenings in the US, South Korea, China and Singapore for today.
In the US, consumer prices fell month-on-month for the first time in over two years, but to what extent does this provide a case for the Federal Reserve to go for a 25 basis point rate increase at the end of the month? Also, what would the implications be on the King dollar?
Over in Asia, we’ve South Korea’s central bank action dominating headlines, but again, how would another rate hike affect the won and imported inflation?
We’ll also take a quick look at several key data points out of China ahead of its Q4 GDP figures, as well as some of the key indicators due to be out of Singapore early next week.
On Market View, Prime Time’s finance presenter Chua Tian Tian unpacked the numbers with Jeff Ng, Senior Currency Analyst at MUFG.