Simon Murray, Research Analyst at Westpac, explains that the October Asia PMI’s continue to reflect the slowing in global growth and the impact of the US-China tariffs on other trade dependent Asian economies. Key Quotes “Yet encouragingly, it appears that momentum in South Korea and Japan has stabilised of late with their PMI’s settling just above trend. On the other hand, conditions have become much worse in Taiwan, with their PMI extending a sharp decline lower.” “In emerging Asia, activity indicators remain solid but input inflation lingers as a concern in India and Indonesia as the impact of depreciating currencies is still feeding through.” 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 Goldman Sachs: Steeper backwardation to push oil higher to year-end $80/barrel target – Reuters News FX Street 4 years Simon Murray, Research Analyst at Westpac, explains that the October Asia PMI's continue to reflect the slowing in global growth and the impact of the US-China tariffs on other trade dependent Asian economies. Key Quotes "Yet encouragingly, it appears that momentum in South Korea and Japan has stabilised of late with their PMI's settling just above trend. On the other hand, conditions have become much worse in Taiwan, with their PMI extending a sharp decline lower." "In emerging Asia, activity indicators remain solid but input inflation lingers as a concern in India and Indonesia as the impact of depreciating currencies… 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.
