http://www.fxstreet.com/fundamental/market-view/research-asia/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/research-asia/2012-01-24.htmlSlower growth and lower inflationary pressure have created room for monetary and fiscal easing across Asia. This is expected to support a gradual recovery in 2012. China is expected to avoid a hard landing and recover in 2011 supported by fiscal and monetary easing. However, China’s policy easing will be cautious and the recovery in Q1 will only be modest. In our view there is not a bubble on the property market for China as a whole and a full scale collapse is unlikely. In Japan the recoveryTue, 24 Jan 2012 10:51:34 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2012-01-24.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2011-03-10.htmlDespite the recent spike in food and crude oil prices the near-term outlook remains strong as stronger exports and resilient investment shave so far offset the negative impact on private consumption. However, slowdown in H2 11 is inevitable as policymakers are forced to respond to acceleration in growth and higher inflation. While surging imports from China have again been crucial for the recent surge in exports across Asia, the export recovery now appears to have become more broad-based withThu, 10 Mar 2011 12:46:45 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2011-03-10.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2010-09-15.htmlGrowth in Asia has slowed more than expected, mainly due to weaker domestic demand. A sharp slowdown in China’s import growth in the wake of its tightening measures has been an important driver behind the recent weakness in the region. On the other hand, Asia’s exports to Europe and the US have improved in H1 10. This has particularly benefitted China, where virtually all growth was driven by net exports in Q2. In Asia, GDP growth was below trend in Q2 and is expected to slow further asWed, 15 Sep 2010 10:58:02 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2010-09-15.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2010-06-07.htmlGrowth in Asia accelerated significantly in early-2010 and we have adjusted our GDP forecast up for all major Asian economies, including China and Japan. Our upward revision mainly reflects a very strong H1 10. We still expect GDP growth in Asia to peak in Q1 as the positive impact from inventory adjustments and policy stimulus gradually wanes and the impact from tightening kicks in, not least in China. So far we see a modest impact from the European debt crisis. With fiscal policy flexibilityMon, 07 Jun 2010 12:36:17 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2010-06-07.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2010-04-27.htmlIn this report we consider whether there is a severe asset bubble in China by looking into valuations of the stock and property market, the development in debt leverage and construction activity and compare the development in China with recent bubbles in other countries. We find little evidence of a severe asset bubble in China, even though there is a substantial risk that a bubble might develop if the current very accommodative economic policy is not adjusted in time. If China is developing aTue, 27 Apr 2010 12:13:04 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2010-04-27.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2010-03-19.htmlDespite the recent tough talk from the Chinese Premier, Wen Jiabao, we expect China to resume appreciation of the CNY vs USD soon. In this paper we present our case and look at the economic and financial implications. It is now in China’s interest to appreciate the CNY as focus has shifted to avoiding inflation and asset bubbles. A currency appreciation will serve this purpose and help China to rebalance its growth from export-driven to domestic demand-driven. We expect the CNY appreciation toFri, 19 Mar 2010 08:29:19 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2010-03-19.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2010-03-15.htmlThe recovery in Asia looks increasingly sustainable. Across Asia unemployment is declining, property prices are increasing and manufacturing investments are rebounding sharply on the back of surging exports and industrial activity. In addition, growth in Asia has become more broad based with growth momentum currently strongest outside China and Japan. Our 2010 GDP forecast for India, Indonesia, South Korea and Taiwan has been raised, China is largely unchanged, while our forecast for Japan hasMon, 15 Mar 2010 10:46:59 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2010-03-15.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2009-12-04.htmlThe recovery in Asia has so far proved exceptionally strong. In most Asian countries with Japan as the main exception industrial activity is now back at pre-crisis level and the output gap has closed much faster than expected. Looking ahead, GDP growth in Asia should remain strong in Q4 09. With the output gap closing fast, growth will inevitably slow next year as some of the accommodative fiscal and monetary policy is removed and the recovery in global trade and industrial activity loses someFri, 04 Dec 2009 08:04:11 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2009-12-04.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2009-06-24.htmlJapan is returning to growth. We expect growth in H2 09 to exceed potential growth significantly and outperform both the US and Euroland. In addition to fiscal easing, the main explanation is a rebound in industrial activity driven by an extraordinarily strong inventory cycle and recovery in exports particularly to the rest of Asia. However, the outperformance will be temporary and should, in our view, mainly be regarded as a catch-up on the earlier strong underperformance. Hence, we still doWed, 24 Jun 2009 09:27:02 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2009-06-24.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2008-10-10.htmlAmong Asian countries, South Korea is a prime potential victim of the current global credit crunch. Debt leverage among domestic households and companies has soared, domestic commercial banks are dependent on short-term wholesale and foreign funding and the current account has deteriorated on the back of higher crude oil prices. Hence, we expect the South Korean economy and KRW to underperform in the current global financial deleveraging environment.  However, South Korea’s externalFri, 10 Oct 2008 07:14:51 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2008-10-10.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2007-03-01.htmlLast month I visited China talking to local analysts and policy makers. The general impression is that the dynamism and optimism in the Chinese economy remain intact. And as China moves further up the value chain it is difficult to see anything stopping the Chinese boom just yet. We forecast that the Chinese industry will gain speed during spring as the global industry bottom out. With investment growth remaining around 20% y/y and China's industry doing fine we expect the economy will grow atThu, 01 Mar 2007 14:55:29 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2007-03-01.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2007-02-09.htmlDuring our Asian round trip we visited Tokyo talking to policymakers and local analysts. Everyone told us that it was only due to political pressure that the BoJ left interest rates on holds at the January meeting. In our view, the policy board of the BoJ seems to be split into (at least) two groups. One group believes that the BoJ should normalise monetary policy. This group believes that the BoJ should take the opportunity now, when the economy is undergoing a long-term economic expansion,Fri, 09 Feb 2007 08:46:26 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2007-02-09.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2006-11-21.htmlIn this note, we attempt to make a judgement as to the sustainability of the Chinese growth model. We question whether China’s investment boom continue, or face the risk of a financial meltdown as we saw in Japan in 1990 and East Asia in 1997-1998? We also scrutinise whether China will be able to move further up the value chain, which is essential to maintain high productivity growth. We argue that on a 10-20 year horizon corporate investment growth is likely to slow as the industry intensityTue, 21 Nov 2006 16:19:48 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2006-11-21.htmlhttp://www.fxstreet.com/fundamental/market-view/research-asia/2006-08-03.htmlAfter a strong rally in the beginning of the year Asian currencies seem to have lost some of their pace. We take a deeper look into the Asian currency complex by assessing the key drivers of Asian exchange rate movements. We argue that the basket-peggers (TWD, PHP, SGD and THB) will benefit from CNY and JPY strength, whereas the ‘soft’ dollar peggers (HKD and INR) will be hurt by dollar weakness. Current account (CA) developments have split Asia in two, with one group (China, Malaysia,Thu, 03 Aug 2006 07:56:43 GMThttp://www.fxstreet.com/fundamental/market-view/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/market-view/research-asia/2006-08-03.html