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Equities jump, exports resilient, BoK points to rate hike

Asian equities have rebounded over the past week, helped in part by easing fears of a global trade war after the successful trade meeting between US President Donald Trump and EU President Jean-Claude Juncker. Meanwhile, the latest trade data suggest that foreign demand was continuing to hold up well, at least before the first major batch of tariffs against China were introduced. Finally, Bank of Korea governor Lee Ju-yeol on Friday signalled that further interest rates hikes are likely over the coming months.

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