@Trinhnomics will be on @CNBCi to speak about Singapore & ASEAN growth & how they're faring w/ trade-war.
Our view is short-term challenge for ASEAN but trade-war can be an opportunity medium term👈🏻
To translate this to layman term, MAS targets the SNEER, which is a weighted index FX & to keep its FX more competitive to help w/ languishing trade
![](https://pbs.twimg.com/media/EGzCTeNUYAEjGLy.png)
So what?
![](https://pbs.twimg.com/media/EGzC8ILUEAAUikH.png)
Meaning, SGD doesn't outperform the region...
![](https://pbs.twimg.com/media/EGzDXbIU0AEIbn5.png)
![](https://pbs.twimg.com/media/EGzDxxIU4AA02qF.png)
Told you, watch the imports. Not good for regional traders like Korea & Singapore, which eased this morning as growth sags. On in 25 mins on CNBC to speak about this 🤗