UBS Cuts Growth Forecasts for Singapore, Malaysia, Thailand

The video discusses the downgraded growth forecasts for ASEAN countries, particularly Singapore, Malaysia, and Thailand, due to their open economies and limited overlap with China's exports to the US. Vietnam might benefit from China's market share loss. Central bankers in ASEAN are cautious about the Fed's hawkish stance, with some countries like the Philippines and Indonesia considering rate hikes due to currency weakness. The video also covers the impact of continued dollar strength on Southeast Asian currencies, noting further weakness in the ringgit and peso.

What is the expected stance of the Fed regarding interest rates, and how does it affect Southeast Asian economies?

What impact does dollar strength have on Southeast Asian currencies?