Australia & New Zealand Economics Update Australia's housing rebound has further to run House prices rose the most since last year in June and with the RBA set to cut interest rates much further, the housing market will continue to gain momentum. However, affordability will remain quite... 1st July 2025 · 3 mins read
Japan Rapid Response Japan Tankan (Q2 25) The Q2 Tankan survey showed that the economy is holding up well despite trade tensions, which supports our view that the Bank of Japan will resume its tightening cycle before the end of the year. 1st July 2025 · 2 mins read
Global Economic Outlook Global Economic Outlook: Global economy to weather geopolitical headwinds We expect global GDP growth to slow a touch in the next couple of years, as President Trump’s policies weigh on US activity and fiscal policy provides less of a prop to growth in China. India will be... 30th June 2025 · 45 mins read
Asia Chart Pack Asia Chart Pack (June 2025) Trade tensions and Trump tariffs remain a key risk for Asia (especially for Vietnam, given its reliance on US demand). That said, the region could also benefit from trade diversion as US firms shift... 30th June 2025 · 0 mins read
China Rapid Response China PMIs (June 2025) The Caixin services PMI released today adds to evidence that growth in the sector slowed in June. But the pickup in manufacturing more than offset this drag, pointing to a rebound in overall activity... 30th June 2025 (Updated 3rd July 2025) · 2 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (May 25) 30th June 2025 · 2 mins read
Emerging Europe Economics Weekly Emerging Europe Weekly: Romania’s new government, Israel-Iran ceasefire The fiscal tightening measures announced by Romania’s new government, which took office this week, are a welcome development for investors, but we think the public debt ratio will stay on a sharp... 27th June 2025 · 7 mins read
India Economics Weekly India Weekly: Mixed messaging on India-US trade deal prospects President Trump's talking up of the prospects of a "very big" trade deal between India and the US this week are at odds with recent reports which suggest that India's politically sensitive... 27th June 2025 · 3 mins read
China Chart Pack China Chart Pack (June 25) China’s economy slowed in May, with US tariff starting to take a toll on exports. And while consumer spending has picked up recently, that’s largely been driven by temporary subsidies from the... 27th June 2025 · 0 mins read
Asia Economics Weekly Asia Weekly: Korean consumer boost, political trouble in Thailand While retail sales in Korea remain just over 2% below pre-pandemic levels, there are growing signs the worst is behind us. Consumer sentiment has rebounded sharply following the recent presidential... 27th June 2025 · 6 mins read
China Economics Weekly China Weekly: US-China “deal” moves forward but risks remain The trade “deal” reached in Geneva and London has now been finalised and signed. The exact terms have yet to be made public but appear to be limited in scope and still leave economic ties in far worse... 27th June 2025 · 6 mins read
Japan Economics Weekly Japan Weekly: LDP set to defend majority in Upper House Even though the LDP suffered a crushing defeat in Tokyo’s metropolitan election over the weekend, it looks increasingly likely that the government will be able to defend its majority in next month’s... 27th June 2025 · 6 mins read
Japan Economics Update Improvement in fiscal health has further to run The flow of funds data suggest that Japan’s budget deficit has continued to narrow after reaching a 30-year low in 2023. And while the recent plunge in the ratio of government debt to GDP partly... 27th June 2025 · 3 mins read
Australia & New Zealand Economics Weekly ANZ Weekly: RBA will cut rates to 2.85% by early-2026 There are growing signs that Australia's economic recovery is struggling for momentum. Moreover, both CPI data and business surveys suggest that this weakness in activity is translating into softer... 27th June 2025 · 3 mins read
APAC Commercial Property Outlook APAC Commercial Property Outlook: Values to fall as region’s markets struggle to recover The outlook for the Asia-Pacific markets is relatively poor. We think higher-for-longer bond yields will limit the pace of recovery in this cycle globally, but this will be compounded by a weak... 27th June 2025 · 20 mins read
