Asia Daily Flash | 14 September 2012: India’s high August WPI inflation limits RBI’s policy options; Japan downgrades economic outlook; Hong Kong unveils new property tightening measures; Singapore’s retail sales decline
Published on Thursday, September 13, 2012
Asia Daily Flash | 14 September 2012: India’s high August WPI inflation limits RBI’s policy options; Japan downgrades economic outlook; Hong Kong unveils new property tightening measures; Singapore’s retail sales decline
Summary
The Fed’s announcement of QE3 was received positively in Asia today, with a strong rally inequity and currency markets, led by the Kospi (2.9%), Hang Seng (2.9%), and Sensex (2.4%).
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BBVA Research
BBVA Research