India Economics Update Finance Ministry shows restraint as election looms Finance Minister Nirmala Sitharaman appears to have successfully demonstrated a long-term commitment of reining in the fiscal deficit in the Interim Budget announcement for FY24/25. There is always a... 1st February 2024 · 3 mins read
India Rapid Response Manufacturing PMI (Jan.) The final manufacturing PMI reading for January suggests that activity got off to a strong start this year. Looking ahead, while manufacturing output is likely to moderate in the coming months, it... 1st February 2024 · 2 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (Jan.) Although house price gains remained firm in January, we still expect them to soften in the months ahead. While rate cuts are on the horizon, they will do little to improve homebuying capacity. 1st February 2024 · 2 mins read
China Chart Pack China Chart Pack (Jan. 2024) China’s economy has regained some strength recently. We expect this to continue over the coming months, on the back of support from fiscal policy and a further pick-up in household spending. But with... 31st January 2024 · 1 min read
Climate Economics Monthly Polluter-pays principle to become more mainstream Amid a flurry of news and action in carbon markets in recent months, this note examines the details and implications of developments around the world. 31st January 2024 · 5 mins read
Asia Chart Pack Emerging Asia Chart Pack (Jan. 2024) Economic growth in most of Emerging Asia is likely to slow in the near term as weak global demand and high interest rates weigh on prospects. With growth set to struggle and inflation likely to ease... 31st January 2024 · 0 mins read
RBA Watch A dovish pivot is on the horizon We expect the Reserve Bank of Australia to leave rates on hold at its February meeting. But as inflation plunges, the case for policy to remain restrictive for a prolonged period looks increasingly... 31st January 2024 · 7 mins read
China Rapid Response Hong Kong GDP (Q4 Preliminary) Hong Kong’s growth picked up only marginally in Q4, underperforming most expectations. And although we foresee some further upside as foreign visitors and workers continue to return, we think the... 31st January 2024 · 2 mins read
Asia Rapid Response Taiwan GDP (Q4) GDP growth in Taiwan accelerated further in Q4, and we expect growth to remain strong over the coming quarters, with robust growth in exports of products linked to AI set to more than offset the drag... 31st January 2024 · 2 mins read
Asia Rapid Response Philippines GDP (Q4) GDP growth remained well above trend in Q4 but we don’t expect this strength to last as the deceleration in credit growth feeds through to domestic demand while the external sector continues to... 31st January 2024 · 2 mins read
China Rapid Response PMIs (Jan.) There were some gains in economic momentum at the start of 2024, at least judging by the modest rise in the PMIs. Admittedly, the survey readings are still depressed by historic standards, but this... 31st January 2024 · 3 mins read
Australia & New Zealand Rapid Response Australia Consumer Prices (Q4 2023) 31st January 2024 · 3 mins read
Japan Rapid Response Japan Retail Sales & Industrial Production (Dec. 23) 31st January 2024 · 2 mins read
Australia & New Zealand Economics Update Regulatory changes won’t affect house price outlook The Reserve Bank of New Zealand launched a consultation on changes to its macroprudential framework last week. In our view, the proposed tweaks are unlikely to have a meaningful impact on the housing... 30th January 2024 · 3 mins read
Asia Economics Update Monetary easing in Singapore likely in April The Monetary Authority of Singapore (MAS) kept monetary policy settings unchanged today but weaker growth and easing concerns about inflation are likely to prompt the central bank to loosen policy in... 29th January 2024 · 3 mins read
