Emerging Asia Market Rebound in Sight With China, Trade Caveats

Malaysia’s ringgit was their favorite of eight regional currencies as the nation’s central bank is seen as unlikely to ease policy, while for bonds, China was the top pick. “A more flexible Fed is definitely positive for Asia, while the U.S.-China trade spat has already been priced in and has shown some signs of improvements, supporting the scenario of a rebound,” said Koji Fukaya, chief executive officer at FPG Securities Co. in Tokyo.

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