"Assuming there's not a second wave of the coronavirus, I think you'll see the economy recover steadily through the second half of the year," the central bank chief said. However, he added that "for the economy to fully recover ... that may have to await the arrival of a vaccine."
On the economic data front, Japan's first-quarter GDP print is expected to be out at around 7:50 a.m. HK/SIN on Monday. China's housing price data for April is also set to be out at about 9:30 a.m. HK/SIN., which tracks the greenback against a basket of its peers, was last at 100.385 after seeing highs around 100.5 last week.traded at 107.20 per dollar after strengthening from levels above 107.6 seen early last week. The Australian dollar changed hands at $0.
Source: News Formal (newsformal.com)
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