Global demand offering more durable boost to Asian exportsThe data released in the past couple of weeks has been strikingly positive. SouthKorean exports — a bellwether for global demand — grew by an average of around 18% in July-August. It is in the Philippines, though, where investment growth has surged, up by around 12% in the first half of this year. Second, we suspect that there will be further upside surprises in global demand. Singapore is in a sweet spot as growth looks to surprise on the upside while inflationary pressures are well under control.

Source: The Edge Markets September 13, 2017 03:22 UTC