Tuesday, June 5, 2007

India, Malaysia, Singapore, Thailand, Indonesia: Asia Local Bond Preview

(Bloomberg) -- The following events and economic
reports may influence trading in Asian local-currency bonds
today. Yields are from the previous session.

China: The central bank is ``closely'' watching rising food
prices and will study May's inflation rate before any interest-
rate change, Governor Zhou Xiaochuan said during a financial
conference in Beijing yesterday. The government is due to
release its inflation report for May on June 12. Food prices
account for a third of the consumer price index.


Read more at Bloomberg Bonds News

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