Sell! Dollar! Sell!
The Dollar (USD) has had a very difficult month across April with an entire barrage of emotive de-dollarization rumors.
China: PBOC eases monetary policy to cushion tariff impact
China announced its first stimulus package since the tariff escalation from 2 Apr ‘Liberation Day’.
Understanding the US Fed system
While Trump said that he has “no intention” to fire Powell before his term ends next year, he declined to rule out the possibility. The infographics provides an overview of the Fed System and the roles of Powell within Fed.
Malaysia: 1Q25 advance GDP flags further moderation
Beyond 1Q25, Malaysia’s growth outlook will be contested by the impact of intensifying global trade war, risks of a hard landing in major economies, and greater financial volatility amid ongoing domestic fiscal reform agenda.
Eurozone: ECB cuts rates by 25bps again; tariffs to impact region’s growth and prices
The ECB now appears open to further interest rate cuts ahead. We think it could move rates back below neutral.
China: 1Q25 GDP growth beat estimates but 2025 growth outlook downgraded as trade war escalates
The strong growth in the industrial sector due to frontloading activities continued to drive China’s economic outperformance in 1Q25.
