Japan Economics Weekly Japan Weekly: Trade tensions unlikely to reduce wage growth much While the Bank of Japan became more upbeat about the outlook for inflation this week, it still thinks that trade tensions will result in a slower wage growth via lower corporate profits. However, with... 1st August 2025 · 5 mins read
Australia & New Zealand Economics Weekly ANZ Weekly: CPI data signal green light for August rate cut Australian CPI data released this week will have gone a long way toward assuaging the RBA's concerns about lingering price pressures in the economy. And although retail sales picked up strongly in... 1st August 2025 · 5 mins read
Asia Economics Update Asia Manufacturing PMIs (July) The July PMI readings for most countries in Asia were subdued and we continue to expect activity in Asia’s export-oriented manufacturing sectors to struggle in the coming months. And with inflation... 1st August 2025 · 2 mins read
APAC Commercial Property Update APAC sentiment trails other regions in Q2 RICS survey The latest RICS survey showed that overall sentiment in Asia-Pacific is weaker than in other regions, but that there is significant variance within the region. Japan and Australia stood out as clear... 1st August 2025 · 3 mins read
Australia & New Zealand Economics Update Affordability will dampen Australia’s housing rebound Australia’s housing market gained traction in June, and leading indicators suggest the housing rebound has further to run. But with affordability set to remain extremely stretched despite the RBA’s... 1st August 2025 · 4 mins read
Emerging Markets Financial Risk Monitor EM Financial Risk Monitor (Jul. 2025) Most EM currencies have strengthened against the dollar in recent months. Limited external vulnerabilities – our aggregate EM currency crisis risk indicator remains near multi-decade lows – have... 31st July 2025 · 1 min read
China Chart Pack China Chart Pack (Jul. 25) China’s economy slowed in Q2, despite industrial activity holding up well in the face of US tariffs. With US-China ties improving, we don’t think tariffs will be as significant of a drag on growth as... 31st July 2025 · 0 mins read
Asia Chart Pack Asia Chart Pack (July 2025) Our Asia Chart Pack has been updated with the latest data and our analysis of recent developments. The trade deals agreed so far suggest that most countries in Asia will eventually end up facing... 31st July 2025 · 0 mins read
China Rapid Response Hong Kong GDP (Q2 Preliminary) Note: We are resending this Response due to a technical error. Apologies for any inconvenience caused. Plunge in HIBOR boosting consumption growth Hong Kong’s GDP growth surprised to the upside... 31st July 2025 · 2 mins read
Asia Rapid Response Taiwan GDP (Q2 2025, Adv. Estimate) Taiwan’s economy recorded another quarter of strong growth in Q2, of 3.1% q/q, on the back of a boom in exports which more than offset a further slowdown in domestic demand. This pace of growth is... 31st July 2025 · 3 mins read
Japan Economics Update Bank of Japan opening door to year-end rate hike While the Bank of Japan turned a touch more optimistic today, it still sees trade tensions as a major headwind. However, we still believe that policymakers are too pessimistic about the inflation... 31st July 2025 · 3 mins read
APAC Commercial Property Update HK offices won’t reclaim 2018 peaks over the next decade Hong Kong’s office market has long demonstrated resilience in weathering economic storms, but the current downturn is unlike any cycle since at least the 1990s. Facing simultaneous structural and... 31st July 2025 · 4 mins read
China Rapid Response China PMIs (Jul. 2025) The better-than-expected Caixin services PMI reading for July only partly makes up for the weakness in the rest of the survey data. The big picture is still that economic momentum looks to have cooled... 31st July 2025 (Updated 5th August 2025) · 3 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Jun./Q2 2025) The solid pickup in retail sales in June doesn’t detract from the fact that goods spending across Q2 was rather lacklustre. That being the case, the data won’t stand in the way of the RBA cutting... 31st July 2025 · 2 mins read
