汇丰银行-亚太宏观经济-on top of the data fun’n’sun-20170713-hsbc.pdfVIP

13 July 2017   On top of the data ECONOMICS ASIA Fun ‘n’ sun  June PMIs suggest that export strength will continue in 3Q, Frederic Neumann possibly driven by the ramp-up in the iPhone supply chain Economist The Hongkong and Shanghai Banking Corporation Limited fredericneumann@.hk  Even if exports slow in 4Q, strong 1H17 GDP suggests growth +852 2822 4556 targets will be met; still, central banks are unlikely to hike rates Joseph Incalcaterra Economist  In fact, selective easing is back on the cards: Vietnam recently The Hongkong and Shanghai Banking Corporation Limited joseph.f.incalcaterra@hs .hk cut rates and India is likely next, thanks to persistent disinflation +852 2822 4687 Ji Won Kwon Economist Summer got off to a strong start in Asia. The PMIs have suggested as much. After a The Hongk