Asia Economics Update Interest rates to stay low in Korea The Bank of Korea (BoK) today left interest rates unchanged and there was little sign in the central bank’s statement that the central bank is in any rush to adjust policy. With the economy growing at... 31st August 2017 · 1 min read
Asia Economics Update Asian equities shrug off latest Korean tensions Equity markets in Emerging Asia have continued to take the crisis in North Korea in their stride. Although most markets have fallen in response to today’s missile test, the moves are very small. It is... 29th August 2017 · 1 min read
Asia Economics Update Indonesia easing cycle to be gradual Given the improving outlook for inflation in Indonesia, we think today’s 25 basis point cut in the main policy rate is unlikely to be the last in the current cycle. We expect one further rate cut this... 22nd August 2017 · 1 min read
Asia Economics Update Thai rates to stay on hold for a while longer The Bank of Thailand (BoT) left interest rates on hold today and the accompanying monetary policy statement suggests the central bank is in no rush to adjust rates any time soon. We are maintaining... 16th August 2017 · 1 min read
Asia Economics Update Philippines: Rates to remain on hold under new governor Today’s decision by the central bank in the Philippines (BSP) to keep its main policy rate on hold at 3.0% was widely expected. The accompanying statement, which was the first to be published since... 10th August 2017 · 1 min read
Asia Economics Update Sri Lankan rates on hold, further hikes this year unlikely Sri Lanka’s central bank left interest rates on hold today, and the less hawkish tone of the statement suggests that its tightening cycle may now be at an end. We now expect rates to be left on hold... 3rd August 2017 · 1 min read
Asia Economics Update Asian equities rapid rise continues Equity markets in Asia continued their rise in July. Meanwhile, currencies in the region generally strengthened against the US dollar 31st July 2017 · 1 min read
Asia Economics Update What does Pakistan’s political crisis mean for the economy? The resignation of Pakistan’s prime minister, Nawaz Sharif following the decision by the country’s Supreme Court to disqualify him from office, has once again put the spotlight on the country’s highly... 28th July 2017 · 1 min read
Asia Economics Update Bank Indonesia to remain in neutral for a while After a marathon policy meeting today, Bank Indonesia confirmed that it was keeping its policy rates unchanged. Quite why the decision took so long is unclear – the decision was exactly what everyone... 20th July 2017 · 1 min read
Asia Economics Update Malaysia interest rate likely to remain unchanged this year With inflation falling and growth rebounding, it was no surprise that Malaysia’s central bank (BNM) kept its policy rate unchanged at 3.0% today. Looking ahead, we expect that BNM will keep interest... 13th July 2017 · 1 min read
Asia Economics Update Bank of Korea to leave rates unchanged for some time The Bank of Korea (BoK) left interest rates on hold today and there was little indication in the governor’s accompanying press conference that the central bank is in any hurry to adjust policy. We... 13th July 2017 · 1 min read
Asia Economics Update Vietnam rate cut fuels financial risks Vietnam’s decision to cut interest rates today risks fuelling a further surge in credit growth, increasing the risk of a sharp rise in non-performing loans further down the line. We think the rate cut... 7th July 2017 · 1 min read
Asia Economics Update Thai rates to stay on hold for a while longer The Bank of Thailand (BoT) left interest rates on hold today and the accompanying monetary policy statement suggests the central bank is in no rush to adjust rates any time soon. We are maintaining... 5th July 2017 · 1 min read
Asia Economics Update Asian equities continue to rally Asian equity markets have continued to rally, with stock markets in Taiwan, Korea, India and Indonesia all recently hitting new record highs. 29th June 2017 · 1 min read
Asia Economics Update Sri Lankan rates on hold, but further hikes can’t be ruled out Sri Lanka’s central bank left interest rates on hold today, and the less hawkish tone of the statement suggests the central bank’s tightening cycle may be nearing an end. We are changing our forecast... 23rd June 2017 · 1 min read
Asia Economics Update Subdued inflation means interest rates in Taiwan will remain low With the economy experiencing a steady recovery and inflationary pressures still very subdued, it was no surprise that Taiwan’s central bank (CBC) decided to keep its policy rate on hold today at 1... 22nd June 2017 · 1 min read
