Energy Update Aviation will account for the bulk of oil demand growth Despite jet fuel being a fairly small share of total oil consumption, we suspect it will drive a large chunk of the 1.4m bpd growth in crude oil demand we anticipate this year. We think jet fuel... 21st June 2023 · 4 mins read
Australia & New Zealand Economics Update RBA bond sales wouldn’t be a big headwind The Reserve Bank of Australia is considering actively selling its bond holdings rather than merely letting them shrink gradually via bond redemptions. The main motivation seems to be to reduce... 21st June 2023 · 3 mins read
India Chart Pack India Chart Pack (Jun 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 20th June 2023 · 1 min read
Australia & New Zealand Economic Outlook Aggressive tightening will weigh on activity With inflation remaining very sticky, we now expect the RBA to lift the cash rate to a peak of 4.85% by September, whereas we suspect that the RBNZ is done tightening. Extremely tight monetary policy... 20th June 2023 · 20 mins read
Japan Economics Update Female participation rate hasn’t peaked yet The female participation rate has surged over the past decade but more favourable attitudes among women towards paid employment suggest that it will keep rising for a while yet. Asia Drop-In (22 nd... 19th June 2023 · 3 mins read
China Economics Weekly Fiscal stimulus needed, baby bust continues The initial policy response to the economy’s recent loss of momentum has been to cut interest rates. But on its own, this is unlikely to trigger a jump in household or corporate borrowing and spending... 16th June 2023 · 5 mins read
Emerging Markets Economics Update Recent EM export resilience starting to fade EM goods exports held up relatively well at the start of the year but more recent data suggest that resilience is waning. With demand from advanced economies set to soften, the boost from auto exports... 16th June 2023 · 3 mins read
Asia Economics Weekly Good news for the BoK, worst now over for Sri Lanka The minutes of the Bank of Korea’s May monetary policy meeting, published this week, confirm that the central bank is becoming increasingly concerned about the growth outlook. And with inflationary... 16th June 2023 · 7 mins read
India Economics Weekly Q3 Outlook, inflation plunge, policy pivot? The overarching message from our Q3 India Outlook is that policy rate cuts will soon come on to the agenda as the economy enters a mild slowdown and inflation settles at comfortable rates over the... 16th June 2023 · 3 mins read
Japan Economics Update Policy to remain ultra-loose The Bank of Japan left its monetary policy settings and assessment of the economy unchanged today. As inflation is unlikely to be sustained at or above target for the foreseeable future, we’re still... 16th June 2023 · 3 mins read
Japan Economics Weekly Strength in car exports unlikely to last Car exports have rebounded in recent months as supply shortages have eased, but Japan’s car industry is facing major headwinds as it is a laggard in the rollout of electric vehicles. Meanwhile, the... 16th June 2023 · 5 mins read
Australia & New Zealand Economics Weekly No relief for Australian mortgagors All signs are that the Australian Prudential Regulation Authority is unlikely to revise its guidance for the minimum serviceability buffer banks must apply when assessing home loan applicants. As a... 16th June 2023 · 4 mins read
