China Economics Weekly PBOC won’t defer rate cuts indefinitely In its Q2 monetary policy report published earlier this week, the PBOC vowed to make timely adjustments to policy but stopped short of signalling rate cuts. For now, the central bank seems focussed on... 14th August 2026 · 5 mins read
India Economics Weekly Russian oil imports surge, inflation expectations rising The goods trade data for July released this week show that Russia now accounts for more than half of India’s crude oil imports, the highest share on record. But that economic relationship could be... 14th August 2026 · 3 mins read
Asia Economics Weekly Singapore’s AI boom, test for Bank Indonesia GDP figures published this week confirm that Singapore’s economy is booming, with growth being driven by the global AI investment cycle and surging demand for electronics. But the boom is not... 14th August 2026 · 6 mins read
China Rapid Response Bank Lending & Broad Credit (Jul.) Bank loan growth slowed for the 16th consecutive month in July, hitting yet another record low of 5.1% y/y, down from 5.2% in June. Household demand remained particularly weak, with household loan... 14th August 2026 · 2 mins read
Australia & New Zealand Economics Weekly Housing downturn will prevent further RBA tightening With the RBA still sounding hawkish, investors think that another rate hike over the coming months is more likely than not. However, we are reluctant to bet against history as the Bank has rarely... 14th August 2026 · 6 mins read
Japan Economics Weekly Stars are aligining for a September BoJ hike The Bank of Japan’s July Summary of Opinions suggests that the Board is increasingly open to stepping up the pace of tightening. With producer and import-price data pointing to persistent and broad... 14th August 2026 · 6 mins read
India Economics Focus Is India adapting to the AI revolution? Recent job losses in the outsourcing sector have fuelled fears about the negative macro impact of artificial intelligence (AI) on India’s economy. But the services sector as a whole appears to be... 13th August 2026 · 10 mins read
Asia Economics Update The Philippines – on the wrong side of the AI boom The Philippines risks falling behind in the AI revolution. Unlike much of the rest of the region, it is neither benefiting significantly from the surge in AI-related electronics exports nor well... 12th August 2026 · 3 mins read
Asia Economics Update AI boom will keep Korea’s GDP growth strong Korea’s chipmakers have announced huge investment plans which means that the near-term risks to our GDP forecasts are tilted to the upside. But we expect the AI boom to run out of steam in 2028 so the... 12th August 2026 · 4 mins read
Asia Economics Update Can Vietnam grow by 10%? Vietnam is set to remain one of Asia’s fastest-growing economies over the rest of the decade. The government could probably push growth towards its target of 10% between now and 2030 by further... 11th August 2026 · 3 mins read
Australia & New Zealand Economics Update RBA retains hawkish bias, but next move will be a cut While the RBA’s decision to leave rates unchanged today was widely expected, the Board took pains to reiterate that it remains prepared to tighten policy further if needed. However, despite its tough... 11th August 2026 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Aug. 2026) The RBA predictably left rates unchanged at its meeting today.While the Board continued to talk tough on inflation, we don’t believe that it will go as far as to hike rates again this cycle. 11th August 2026 · 2 mins read
China Economics Update Deflationary pressures loom again The m/m declines in both consumer and producer prices in July largely reflect the pullback in global oil prices. But falling prices also underscore that domestic deflationary pressures remain... 10th August 2026 · 5 mins read
Asia Economics Update Indonesia – welcome signs of improvement The nomination today of Bank Indonesia’s senior deputy governor, Destry Damayanti, as the sole candidate to replace Perry Warjiyo is a welcome development. It should help ease concerns over the... 10th August 2026 · 3 mins read
Capital Daily US CPI may prove a sterner test for markets than payrolls Equity markets shrugged off last week’s big downside surprise in US payrolls but would probably find negative news on US inflation harder to absorb. That would also put renewed pressure on the yen... 10th August 2026 · 6 mins read
