Asian markets to gain a steady foothold in an uncertain 2017

SINGAPORE (Jan 13): With the US and China displaying steady growth momentum and the continued recovery of Asian exports, Oxford Economics thinks 2017 has started on a positive note – and bodes especially well for Asia’s small open economies that rely more on trade as a driver as growth.

Despite global economic and policy constraints such as the anticipate rise in US rates, the advisory firm does not expect Asian trade to be derailed.

“For some Asian economies, competitive exchange rates may aid the export recovery at the margin,” says lead Asia economist Priyanka Kishore in a note on Thursday.

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