Australia & New Zealand Rapid Response Australia International Trade & ABS Monthly Household Spending Indicator (Aug. 23) 5th October 2023 · 2 mins read
China Economics Update China is holding on to its dollars Falls in the value of China’s recorded holdings of US Treasuries tell us little about whether China is divesting from the dollar. A broader look at the data suggests that it isn’t, despite... 4th October 2023 · 5 mins read
Australia & New Zealand Economics Update RBNZ’s next move will be down With its assessment of the balance of risks broadly unchanged, the Reserve Bank of New Zealand left rates on hold at its meeting today. Although the Bank will likely retain its tightening bias, we... 4th October 2023 · 3 mins read
FX Markets Rapid Response What to make of the yen intervention Whether or not Japan's Ministry of Finance confirms that it intervened in the foreign exchange market today, the direction the currency moves over the coming months will be determined primarily by... 3rd October 2023 · 4 mins read
India Rapid Response Manufacturing PMI (Sep.) India’s manufacturing PMI moderated in September but remained high. However, there are reasons to think a further slight cooling in manufacturing activity lies in store over the coming months. 3rd October 2023 · 2 mins read
Asia Economics Update Korea: drag from weak construction set to continue Construction spending in Korea is falling sharply as developers respond to an oversupply of new homes by cutting back on new projects. The sector’s weakness will remain a major drag on economic growth... 3rd October 2023 · 2 mins read
Australia & New Zealand Economics Update Interest rates haven’t reached their peak yet While new RBA Governor Michelle Bullock didn’t spring any surprises at her first interest rate decision today, we think that the Bank will hike interest rates to a peak of 4.35% at its next meeting in... 3rd October 2023 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Oct. 2023) 3rd October 2023 · 2 mins read
Japan Economics Update The impact of tighter policy on financial stability By putting upward pressure on JGB yields and the yen, tighter monetary policy could lead to falls in the value of bonds and overseas assets held by Japanese investors. Insurance companies and pension... 3rd October 2023 · 4 mins read
Asia Economics Update Manufacturing PMIs, Korean trade, Indonesia CPI The PMIs for September suggest that manufacturing activity across Emerging Asia remained weak last month. Worryingly, the PMIs point to a further rise in price pressures across the region, with the... 2nd October 2023 · 2 mins read
Australia & New Zealand Data Response Australia CoreLogic House Prices (Sep.) The housing rebound will continue to lose momentum over coming months as affordability is increasingly stretched, but policy easing by the RBA should provide a renewed boost to prices next year. 2nd October 2023 · 5 mins read
China Rapid Response PMIs (Sep.) The PMI surveys suggest another month of stable economic activity in September. A continued acceleration in construction activity appears to have offset a further softening in services activity... 2nd October 2023 · 4 mins read
Asia Economics Weekly Indonesia’s bullet train, forecast revisions, AI Spotlight Indonesia’s first high-speed train line is due to become operational this Sunday, when a WHOOSH bullet train departs the Indonesian capital of Jakarta for the provincial capital of Bandung, 88 miles... 29th September 2023 · 7 mins read
China Economics Weekly Emerging industries won’t replace property The leadership's recent promotion of "new-type industrialisation" has led to suggestions that emerging new manufacturing sectors like green technology could take the place of property as drivers of... 29th September 2023 · 5 mins read
