Week in FX Asia – Chinese Power Transition as Growth Improves
The 10 year power transition in China will happen next week. President Hu Jintao is expected to step down with current VP Xi Jingping in line to be the new leader for the next 10 years. On the economic front there has been encouraging news out of the manufacturing sector where an increase in activity has grown.
The Bank of Japan boosted its stimulus program but the size was below market expectations. This resulted in the Yen strenghtening against USD and EUR which was the opposite what the Central Bank wanted.
- China Manufacturing Grows in October
- USD/TWD Taiwan Lowers 2012 and 2013 Growth Forecasts
- HKMA:No Plans to Change HKD Peg
- Will HKMA be able to maintain 7.75?
- Singapore Bank Bonds sold at lowest ever coupon yield.
- Swan: Low RBA rates possible due to AUD strength
- Local Companies Forecast a Growth Rebound for China
- India's young population will drive domestic demand and industries
- China leaders meet for the last time before next week's transition
- Singapore PM: Manufacturing sector to continue driving Singapore's economy
- Usage of Yuan to increase in Thailand via local Chinese banks
- China's Growth is Rebounding
- Survey Results Less than 10 percent of Japanese Firms would exit China
- Asian Economies Rebounding in Q3
- Singapore Consumer Confidence hit 12 month high
- Kasikornbank forecast Thai 2013 GDP to increase by 5 per cent next year
- Singapore Inflation hits 4.7%
- Australia Plans to take Advantage of Asia's Economic Boom
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