Australia & New Zealand Data Response Australia Wage Price Index (Q1) The Q1 wage price index showed that quarterly wage gains were a bit softer than the RBA had anticipated which supports our view that the Bank won’t raise interest rates any further. 17th May 2023 · 3 mins read
Australia & New Zealand Rapid Response Australia Wage Price Index (Q1 2023) 17th May 2023 · 2 mins read
Japan Data Response Japan GDP (Q1 2023 Preliminary) GDP surprised to the upside last quarter, mainly because of stronger performances in private consumption and business investment than preliminary data had indicated. That suggests that there is... 17th May 2023 · 2 mins read
Capital Daily What more disappointing China data means for its markets The “China re-opening” narrative has been on life support for some time, and another round of weaker-than-expected economic data out of the Middle Kingdom adds to our sense that China’s economy and... 16th May 2023 · 7 mins read
India Economics Update Rise in unsecured lending a growing risk The sharp rise in unsecured bank lending has probably helped to support consumption and boosted bank profitability over recent quarters. But it also leaves the banking sector at risk of rising... 16th May 2023 · 3 mins read
China Rapid Response Activity & Spending (Apr.) Growth on most indicators accelerated in y/y terms in April. But this was due to a weak base for comparison from a year ago when Shanghai and several other cities went into lockdown. In seasonally... 16th May 2023 · 3 mins read
Australia & New Zealand Economics Update Rate cuts will prompt pause in quantitative tightening The RBA’s balance sheet has barely shrunk since it decided to stop reinvesting the proceeds from maturing bonds. While pressing ahead with quantitative tightening would make it easier for the Bank to... 16th May 2023 · 4 mins read
India Economics Update Services exports supporting external position The recent strength of services exports has helped to offset much of the impact of the drop in goods exports and – along with a pull-back in import values – is another reason to think that the current... 15th May 2023 · 2 mins read
Asia Economics Update Five key questions (and answers) on the Thai election Thailand’s general election has delivered a massive victory for the main opposition parties, but this may not be enough to allow them to form the next government. This Update answers five key... 15th May 2023 · 3 mins read
India Data Response Wholesale Prices (Apr.) The drop in Indian wholesale price inflation in April, to a 33-month low, further reinforces our view that the central bank’s tightening cycle has come to an end. 15th May 2023 · 2 mins read
Asia Data Response Thailand GDP (Q1) GDP figures released earlier today show the economy bounced back strongly in the first quarter of the year. Provided political stability is maintained, the economy is well placed to grow strongly in... 15th May 2023 · 3 mins read
Australia & New Zealand Chart Pack Housing downturn not over yet Australia’s house prices have rebounded over the last couple of months and most leading indicators suggest that the recovery has legs. However, we doubt that a sustained recovery is on the cards... 15th May 2023 · 11 mins read
China Economics Weekly Making sense of the reopening recovery After a string of underwhelming but inconclusive data releases, we should have a better sense of the strength of China’s post-zero-COVID rebound next week with the release of the April activity and... 12th May 2023 · 6 mins read
