Japan Rapid Response

Japan Industrial Production (May)

The strong rebound in industrial production in May suggests that Japan’s economy turned a turner this quarter, but if output falls as much as firms are expecting this month, that strength won’t last.

28th June 2024 · 2 mins read

Japan Rapid Response

Japan Labour Market (May) & Tokyo CPI (June)

The continued fall in the job-to-applicant ratio isn’t translating into a higher labour market and the bulk of the evidence suggests that the labour market has continued to tighten. And with...

28th June 2024 · 3 mins read

Global Economic Outlook

Recovery signs clouded by political uncertainty

The global economy seems to be heading into recovery mode as the adverse effects of the previous surge in inflation subside. Real incomes are recovering in most advanced economies and China is feeling...

27th June 2024 · 46 mins read

Asia Rapid Response

Philippines Monetary Policy Announcement

27th June 2024 · 2 mins read

Australia & New Zealand Economics Update

Falling vacancies starting to lift unemployment

While the labour market held up initially as job vacancies started to fall, fewer job openings are now pushing up the unemployment rate in earnest and we expect it to rise from 4% now to 5% by 2026.

27th June 2024 · 3 mins read

Capital Daily

A few thoughts on the yen’s latest woes

Although it’s showed little signs of it lately, we still expect the yen to rebound against the dollar.

26th June 2024 · 4 mins read

Australia & New Zealand Economic Outlook

RBA won’t cut interest rates until mid-2025

Activity has slowed to a standstill in both countries. Although output growth should gather momentum going forward, it will remain below its pre-pandemic average. However, with underlying inflation...

26th June 2024 · 20 mins read

Australia & New Zealand Rapid Response

Australia Monthly CPI Indicator (May 24)

26th June 2024 · 2 mins read

China Economic Outlook

Manufacturing boom to shore up growth a while longer

China’s economy is on course to expand by 5.5% this year, buoyed by policy support and strong exports. But we remain less sanguine about the medium-term outlook.

25th June 2024 · 15 mins read

Europe Economics Update

How might the ECB respond to a French fiscal crisis?

If the results of France’s election, or actions of the next French government, trigger contagion to other euro-zone countries’ bond markets, the ECB could respond by purchasing their bonds using the...

25th June 2024 · 5 mins read

India Chart Pack

India Chart Pack (June 2024)

Our India Chart Pack has been updated with the latest data and our analysis of recent developments. Prime Minister Modi begins his third term with a weakened mandate, but an economy that is primed to...

25th June 2024 · 1 min read

Asia Chart Pack

Emerging Asia Chart Pack (June 2024)

Our Emerging Asia Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Most central banks in Emerging Asia have left policy rates unchanged since...

25th June 2024 · 0 mins read

China Activity Monitor

CAP: Growth slows but near-term prospects still good

Our China Activity Proxy suggests that economic growth weakened in May on the back of a fall in services activity. Industry also slowed, following months of outperformance. We doubt this marks the...

24th June 2024 · 3 mins read

China Economics Weekly

PBOC: Don’t worry about the weakness of credit

Governor Pan Gongsheng’s comments about PBOC bond buying and about changes to the monetary policy framework caught the headlines this week. But it was what he said about weak credit growth that caught...

21st June 2024 · 6 mins read

Asia Economics Weekly

Thai budget boost, Singapore’s cooling jobs market

Most countries in Asia are planning to tighten fiscal policy as they aim to put government finances on a more secure footing following the pandemic. One exception to this is Thailand, which this week...

21st June 2024 · 6 mins read