HSBC

Both AUD and NZD are expected to weaken against the USD through 2025 amid external headwinds, in our view.

Surging exports are providing a powerful boost to growth across much of ASEAN, while foreign direct investment continues to remain a bright spot for the region.

The USD typically strengthens in the run-up to US elections. Among the four possible outcomes, clean sweep outcomes are likely to offer greater scope for USD strength to persist.

The value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation.

US stocks rose and Treasuries ended little changed on Fed comments; European stocks rose as government bond yields mostly fell; Asian stocks were mixed.

Private equity activity has been sluggish since mid-2022 – demanding caution on the part of investors. But green shoots of recovery and a pick-up in investment deal-making could signal a turning point.

China recently issued a centrally-led green transition plan, outlining bold decarbonisation targets.

In this issue of #WhyESGMatters, we discuss the climate and environmental issues associated with beer production and what brewers and investors can do to alleviate this impact.

With this in mind, a less dovish Fed could see the CAD weaken over the near term through both the rates and risk appetite channels.