Japan Economics Update What do higher rates mean for the BoJ’s finances? Any fall in bond prices resulting from higher bond yields won’t affect the BoJ’s balance sheet unless the Bank decides to sell its holdings. By contrast, rising interest payments on commercial banks’... 10th October 2023 · 3 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Oct. 2023) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to retain their... 10th October 2023 · 1 min read
Asia Economics Update Asian Tigers: AI boost will not offset drag from demographics The Asian Tiger economies of Korea, Singapore, Hong Kong and Taiwan are likely to be among the biggest beneficiaries of the emergence of new AI technologies. But the boost will not be enough to offset... 9th October 2023 · 2 mins read
Japan Chart Pack Japan Chart Pack (Oct. 2023) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. With the economy growing at an above-trend pace, the labour market should soon start to tighten... 9th October 2023 · 1 min read
India Economics Weekly Rupee weakness not a major macro concern The rupee has been hovering close to record lows this week amid the sell-off in global bond markets. But the good news is that the macroeconomic impact of a weakening rupee is limited. Meanwhile, the... 6th October 2023 · 4 mins read
China Economics Weekly PBOC has CNH on a leash, domestic tourism picks up PBOC intervention in Hong Kong kept the offshore renminbi largely stable against the dollar this week even as US yields jumped. This lowers the chance of a large adjustment to the daily fixing rate... 6th October 2023 · 7 mins read
Asia Economics Weekly MAS on hold, inflation concerns in the Philippines. The Monetary Authority of Singapore is likely to leave its policy settings unchanged at its meeting on Friday, but with the economy struggling and inflationary pressures falling back, we are expecting... 6th October 2023 · 6 mins read
India Economics Update RBI stands firm in fight against inflation The RBI kept the repo rate on hold at 6.50% today as expected and continued to strike a hawkish tone despite the recent easing in inflation. Indeed, it even raised the possibility of open-market bond... 6th October 2023 · 3 mins read
India Rapid Response RBI Policy Announcement (Oct.) The RBI kept the repo rate on hold at 6.50% today as expected and continued to strike a hawkish tone despite the recent easing in headline inflation. There is still a significant risk of the easing... 6th October 2023 · 2 mins read
Australia & New Zealand Economics Weekly Resurgence in price pressures won’t last The Melbourne Institute’s timely inflation gauge suggests that trimmed inflation is likely to overshoot the RBA’s expectations for Q3. Although the Board left rates on hold this week, we therefore... 6th October 2023 · 4 mins read
Japan Economics Weekly Virtuous cycle continues as yen weakens The sudden strengthening of the yen after it breached 150 against the dollar earlier this week has triggered speculation that the Ministry of Finance sold foreign exchange reserves to support the yen... 6th October 2023 · 5 mins read
Japan Economics Update How a surge in bond yields could yet wreak havoc We expect any rise in bond yields to be gradual and don’t believe it will create major economic or market dislocation. But there are risks that the Bank of Japan loses control over longer-term yields... 5th October 2023 · 6 mins read
Asia Economics Update Sri Lanka: further easing ahead The central bank (CBSL) today cut interest rates by a further 100bps. With inflation low and the economy still very depressed, further easing is likely over the coming months. 5th October 2023 · 2 mins read
Asia Economics Update Korea: weak activity data but inflation worries mount The latest activity data from Korea were downbeat. Although industrial production grew strongly, the manufacturing PMIs, along with the export figures and retail sales data, all point to continued... 5th October 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia International Trade & ABS Monthly Household Spending Indicator (Aug. 23) 5th October 2023 · 2 mins read
