Research Team at Standard Chartered expects nominal export growth in Asia to ease to 4.2% y/y in 2019 from 9.6% and 9.9% in 2018F and 2017, respectively, with a moderation both in volume and value terms. Key Quotes “Export volumes are likely to weaken for the following reasons: (1) external uncertainty due to the US-China dispute, exacerbated by US Vice President Pence’s 4 October speech to the Hudson Institute, is likely to persist into 2019; (2) the robust electronics cycle that boosted export growth in 2017 and H1-2018 has begun to moderate; and (3) China’s inventory rebuilding cycle, which boosted Asia’s export volumes, has also eased and is unlikely to provide support in 2019 given China’s economic slowdown.” “From a price-effect viewpoint, the value improvement due to the reversal of the Q2-2014 to Q1-2016 price decline is largely done.” “The current Brent crude oil trading range of USD 75-85/barrel is roughly at the past-10-year average. Our base case assumes that prices remain at current levels; based on the five-year average volume growth rate, export value growth should slow in 2019.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD remains offered below 1.1463 – Commerzbank FX Street 4 years Research Team at Standard Chartered expects nominal export growth in Asia to ease to 4.2% y/y in 2019 from 9.6% and 9.9% in 2018F and 2017, respectively, with a moderation both in volume and value terms. Key Quotes "Export volumes are likely to weaken for the following reasons: (1) external uncertainty due to the US-China dispute, exacerbated by US Vice President Pence's 4 October speech to the Hudson Institute, is likely to persist into 2019; (2) the robust electronics cycle that boosted export growth in 2017 and H1-2018 has begun to moderate; and (3) China's inventory rebuilding cycle, which boosted… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
