What next for Asian currencies
Asian currency performance update – Moderate weakness in absolute and relative terms Asian currencies, bar the safe-haven Japanese Yen and Philippines Peso, have come under greater pressure this week as the number of reported coronavirus cases in China (and now 23 other countries) and reported deaths in China has increased (see Figure 1). […]
MALAYSIA: Mahathir’s gamble on rare earths
On Thursday, 30 January, Australian mining firm Lynas announced that the Malaysian state of Pahang had approved the location of its permanent waste disposal facility, complying with one of the Malaysian government’s key conditions for its continued operation in the country. The L… Become a member to read the rest of this article Username […]
MEXICO: Lack of growth not severe enough to force change in direction
Preliminary figures published by the INEGI statistics agency yesterday, 30 January, indicate that the economy contracted by 0.1% in 2019, marking the first year of negative growth in a decade. Also yesterday, the finance ministry (SHCP) released its closing numbers for 2019, whic… Become a member to read the rest of this article
BRAZIL: President starts a discreet but sure flight to the center
Last week, President Jair Bolsonaro strayed from his normal path and created an Amazon Council and a National Environmental Force – both to be commanded by his VP Hamilton Mourao, who the president had relegated to a less than secondary role to stall his growing popularity. That … Become a member to read the […]