RBA Kicks Off Five Rate Decisions, The Other Fed Drama: Eco Day

(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• Australia’s central bank chief Philip Lowe is leaving open the door to further rate cuts in order to prevent a wave of global easing from neutralizing his back-to-back reductions and boosting the currency
• This week looms as a key one for Asian financial markets with five central banks set to hand down decisions that may set the tone for the rest of the year
• As the financial world watches the White House turn up the heat on the Federal Reserve in Washington, another Fed drama has been playing out right on Wall Street’s doorstep
• Malaysia is confident it can reach an agreement with China to settle tensions in the South China Sea after its neighbors warned that incidents in the disputed waters had “eroded trust”
• South Korean Prime Minister Lee Nak-yon urged Japan to correct its “reckless and risky” decision to curb exports to the country
• The back and forth between China and the U.S. will likely continue this week as economists seek to work out what another 10% tariff on a further $300 billion in Chinese imports will mean for global growth. Here’s a rundown of our coverage

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Tracy Withers

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