Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
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China's Economy Shows Resilience Amid Global Headwinds in March 
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Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
China's New Home Prices Continue to Fall in March Despite Signs of Recovery in Major Cities 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
U.S. Stock Futures Hold Steady After S&P 500 and Nasdaq Hit Record Highs 
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The People’s Bank of China (PBoC) is expected to remain calibrated and restrained in policy easing, according to the latest research report from Commerzbank.Both China and the US have taken mini but continuous steps before the formal October trade talks.
After both sides have waived tariffs on some billions of imports, China is poised to purchase more US farm goods according to latest media reports, which has created some favourable conditions for the upcoming negotiations. President Trump reiterated that he would want to seek a "great" deal.
On a separate note, PBoC's governor Yi Gang yesterday said that the policy makers aim to prevent financial system from destabilizing, signaling that the central bank has little intention to conduct aggressive monetary easing despite growth slowdown, the report added.
