China Services PMI Remains Strong

The transcript discusses the impact of base effects on trade data, highlighting temporary strengths in exports, particularly in electronics and smartphones, due to seasonal factors like the Chinese New Year. It examines South Korea's export performance and global trade influences, including the 'Trump bump.' The discussion shifts to commodity prices and their limited impact on inflation, with a focus on Asia and the US. Finally, it addresses inflation in India, the RBI's monetary policy, and the effects of demonetization.

What is one reason for the temporary strength in export data mentioned in the video?

• Seasonal demand before the Chinese New Year

• Long-term trade agreements

• Permanent increase in global demand

• Decrease in production costs

Which factor is mentioned as a potential influence on South Korea's economic growth?

• Reduction in government spending

• Increase in foreign investments

• Base effects from last year's data

• Rising domestic consumption

What is a potential outcome of the property tightening measures in China?

• Increased foreign trade

• Cooling down of the economy

• Rise in commodity prices

• Expansion of the housing market

How might shale gas and oil production affect energy prices?

• Decrease in supply

• Increase in energy prices

• Stabilization of energy prices

• Increase in supply

What is one reason the RBI might consider cutting rates?

• Increase in foreign reserves

• Deceleration of food inflation

• Rise in global oil prices

• Strengthening of the Indian Rupee