#Latest news with #swaptradersBloomberg16-05-2025BusinessBloombergTraders Dial Back Rate Cut Bets in Asia on Easing Trade TensionsMarkets are pricing in less aggressive policy easing by central banks in emerging Asia's export-dependent economies, following signs of reduced trade frictions between the US and China. Swap traders are now expecting nine basis points of interest rate cuts by the Bank of Thailand over the next three months, versus nearly 20 basis points at the end of April. In Malaysia and South Korea, pricing of monetary loosening has also eased.
Bloomberg16-05-2025BusinessBloombergTraders Dial Back Rate Cut Bets in Asia on Easing Trade TensionsMarkets are pricing in less aggressive policy easing by central banks in emerging Asia's export-dependent economies, following signs of reduced trade frictions between the US and China. Swap traders are now expecting nine basis points of interest rate cuts by the Bank of Thailand over the next three months, versus nearly 20 basis points at the end of April. In Malaysia and South Korea, pricing of monetary loosening has also eased.