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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe answer for China's economic path forward is very clear, says Natixis' NguyenTrinh Nguyen of Natixis says that the confidence in China is very short-lived and that the government needs to show concerted fiscal support for the market rally to continue.
Persons: Natixis, Nguyen Trinh Nguyen Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia can benefit from maintaining a 'neutral stance' in complex US-China dynamics: NatixisTrinh Nguyen of Natixis says that Malaysia's non-alignment with either the U.S. or China will be beneficial for the country, but she also believes it should look beyond US & China for trade benefits.
Persons: Trinh Nguyen, Natixis Organizations: Malaysia Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of Korea not likely to cut interest rates yet, says economistTrinh Nguyen, senior economist at Natixis, says the central bank "has to balance between financial stability and … that deleveraging cycle."
Persons: Trinh Nguyen Organizations: Email Bank of Locations: Email Bank of Korea
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNatixis economist discusses South Korea trade data, says growth is not a challenge this yearTrinh Nguyen, senior economist at Natixis, discusses South Korea's trade data and the outlook for its monetary policy, saying the Bank of Korea is "very, very, very sensitive to what's happening in financial markets" and it's too early for it to adopt a dovish tone.
Persons: Trinh Nguyen Organizations: South, Bank of Locations: South Korea, Bank of Korea
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's China's export engine that will be 'really driving' growth, economist saysTrinh Nguyen of Natixis says imports, on the other hand, "will really drag" growth.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's reopening will boost sectors linked to recovery in consumption, economist saysOn the other hand, Trinh Nguyen of Natixis explained that other companies, sectors and countries that are caught in the crossfire of U.S.-China tensions or other headwinds won't perform as well.
Maika Elan | Bloomberg | Getty ImagesVietnam risks missing a self-established 2025 deadline to complete reforms that would enable it to upgrade its stock market to emerging economy status and attract billions of dollars in investments, three officials told Reuters. The government in July committed to aiming for an upgrade to emerging market status in at least one major index by 2025. But infighting is delaying much-needed market reforms, three officials familiar with the discussions said. Additional liquidity is seen as crucial for Vietnamese banks, which account for about a third of the stock market capitalization, to raise their comparatively low capital buffers, thus boosting financial stability. Index provider MSCI published in June a long list of reforms Vietnam needed to apply before an upgrade could be considered.
The government in July committed to aiming for an upgrade to emerging market status in at least one major index by 2025. But infighting is delaying much-needed market reforms, three officials familiar with the discussions said. Trinh Nguyen from Natixis, an investment bank, said Vietnam's market regulations were holding back the upgrade, limiting access to more liquidity. Index provider MSCI published in June a long list of reforms Vietnam needed to apply before an upgrade could be considered. Both the FTSE and MSCI have publicly said that Vietnam's prefunding requirement and strict limits on foreign ownership of shares are among the main hurdles to an emerging market status upgrade.
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 0.17%. "The main theme overnight was cautiousness in the equity space as stocks pared gains after hawkish comments from two Fed officials. read moreChina stocks on Tuesday snapped a six-session winning streak, while Hong Kong shares jumped to a six-month high. However, any optimism may be short-lived, said Trinh Nguyen, emerging Asia economist at Natixis in Hong Kong. "I think what would temper a lot of this optimism coming up is really the reality of this opening up.
"The main theme overnight was cautiousness in the equity space as stocks pared gains after hawkish comments from two Fed officials. The dollar index fell 0.068%. read moreChina's reopening buoyed sentiment with its stocks rising for a sixth consecutive session on Monday, while Hong Kong shares jumped to a six-month high. However, any optimism may be short-lived, said Trinh Nguyen, emerging Asia economist at Natixis in Hong Kong. Even in Hong Kong, although it is officially open, the visa issuance has been rather slow," Nguyen said.
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