RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Bank Indonesia is expected to maintain a cautious tone at its monetary policy meeting, scheduled to be held later this week, after raising the policy rate by a cumulative 50 basis points in May, according to the latest research report from DBS Bank.
Despite subdued inflation risks, financial and rupiah stability are likely to dictate the central bank’s policy direction over the next few months.
While an urgency for another hike this week is not seen by market participants, the door remains open for at least another 25 basis points hike in the second half of this year.
Meanwhile, on the trade front, a net oil trade deficit coupled with higher investments-led import demand suggests that the merchandise trade deficit will remain under pressure in May.
