Nomura flag increased tariffs, weaker international demand, extra coverage uncertainty to weigh on Asia

A observe from Nomura argues that:

• Asia is best ready for Trump’s second presidency, however a bigger financial progress drag and disinflation now look extra seemingly in 2025.

Details:

• Larger tariffs, weaker international demand and extra coverage uncertainty are set to weigh on Asia’s financial progress.
• Disinflation is a much bigger threat for Asia, given weaker progress, decrease vitality costs and the prospect of elevated Chinese language exports into the remainder of Asia.
• Whereas the broader financial and geopolitical impression is detrimental for Asia, particularly for China and South Korea, we see India and Malaysia as relative beneficiaries on account of ongoing provide chain shifts.

Right here is the hyperlink to the complete piece for an fascinating learn.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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