HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: In an update to its World Economic Outlook, the IMF revised downwards its global economic growth forecast for 2018 and 2019 on the back of rising trade tensions and a weaker outlook for some key emerging and developing economies. Meanwhile, sings of deteriorating diplomatic relations between the US and China are mounting. Against this background, the JPY retained a firm tone across the board. Elsewhere, USTs resumed trading today...