- Says that he thinks CNY will appreciate at a slower pace.
- Reminder: On 8/24, the Economic Observer reported that China is mulling a CNY370B stimulus package.

Asian Macro sector headlines

• Yesterday 11:44pm
  (CH) According to China's Gold Association, the country's gold output may rise by 2% to 276 metric tons in 2008 v 3.3% in the first 10 months of the yr
  
• Yesterday 11:01pm
  (MA) Malaysia Oct Exports YoY: -2.6% v 6.6%e (prior revised to 15.0% from 15.1%); First decline in exports since June of 2007 and largest drop since March 2007- Imports YoY: -5.3% v 2.0%e (prior more...
  
• Yesterday 10:53pm
  (JP) BOJ Drains additional ¥1T from short term money markets
  
• Yesterday 10:35pm
  (JP) Nikkei 225 dropping sharply coming out of mid-day break, down over 0.4% on session
  
• Yesterday 10:27pm
  (IN) India's RBI likely to cut rates soon - Sr Gov't Official- Govt said to consider excise duty cuts for automakers