Implications of higher US growth/higher inflation on Asia - Nomura
By Omkar GodboleNomura Asia Economic Monthly note outlines the number of scenarios that could unfold under Trump presidency and their possible implications for Asia.
Key points
US Higher growth/higher inflation scenario – Implications for Asia
Positive growth in Q1 and perhaps Q2 as Asia’s nascent export recovery continues. However, the economic upswing does not last with a spate of corporate defaults and growth turning down in H2, since Asia’s export-orientated and debt-loaded economies are very exposed to Fed hikes, US trade protectionism and China risks. India’s economy would be the most insulated, and at the opposite end of the spectrum, Hong Kong.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.