Asia credit

Currencies

Stronger Asia and Singapore-dollar credit markets following rate cut and China's stimulus

The 50 bps rate cut announced by the US Federal Reserve and the renewed stimulus package released by China have boosted risk appetite and caused the credit spreads to tighten.

Credit downgrade

Asia credit remains high-quality diversifier despite volatility

Asia credit has continued to grow as a solid asset class, reaching A$1.8 trillion ($1.7 trillion).
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