Asia Data Response Korea Trade (1st – 20th Oct.) Korean export values continue to climb in October driven by both rising prices and growth in underlying volumes. The strength of the external sector adds weight to our view that the economy will... 21st October 2021 · 2 mins read
Asia Economic Outlook Interest rates and inflation to remain low Growth in China will weaken further over the coming year as a downturn deepens in industry and construction. The outlook for the rest of the region is improving. We expect many economies to rebound... 20th October 2021 · 35 mins read
Asia Economics Update Strength of export orders signals shortages will persist Taiwan export orders rose in September, indicating that demand for Asian electronics remains strong. We expect final demand to weaken over the coming months, but shortages are likely to persist for... 20th October 2021 · 2 mins read
Asia Economics Update Bank Indonesia will be in no rush to tighten next year Bank Indonesia today left its policy rate unchanged at 3.5% and signalled that it is likely to leave rates on hold for a prolonged period of time. With the economy rebounding but inflation set to stay... 19th October 2021 · 3 mins read
Emerging Markets Economics Chart Pack Supply shortages take their toll The supply shortages that have affected many DMs have also intensified in emerging economies over the past couple of months. The automotive sector has been hit hard by global semiconductor shortages... 18th October 2021 · 9 mins read
EM Valuations Monitor Lower valuations may not help EM equities outperform We don’t think the low valuations of emerging market (EM) equity indices relative to those of developed markets (DMs) is reason to expect EM equities to outperform over the next couple of years. 18th October 2021 · 8 mins read
Emerging Markets Economics Update Car woes to weigh on recoveries in Mexico & CEE The supply constraints that have hit global vehicle output have probably reduced the level of GDP by a modest 0.1-0.2% in most EM auto producers, but some countries like Czechia, Hungary and Mexico... 15th October 2021 · 2 mins read
Asia Economics Weekly Asia reopens, more hikes in Korea & Sri Lanka Countries across Emerging Asia are making renewed efforts to reopen their borders to boost flagging tourism sectors. However, the recovery is likely to be very gradual, not least because China (which... 15th October 2021 · 7 mins read
Asia Economics Update Singapore: no further monetary policy changes in 2022 The Monetary Authority of Singapore (MAS) tightened policy today, as it looked past the lacklustre rebound in GDP last quarter and looked to curb further rises in inflation. Core inflation is unlikely... 14th October 2021 · 3 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor Net capital inflows into EMs appear to have dropped over the past few weeks as investors have turned more risk averse. Looking ahead, a further rise in US Treasury yields could lead to larger outflows... 13th October 2021 · 2 mins read
Asia Economics Update Bank of Korea on hold, but extended hiking cycle ahead After leaving rates on hold today, the Bank of Korea gave strong signals of its intent to hike again in November. And given the Bank’s hawkish comments, we are adding another rate hike into our... 12th October 2021 · 3 mins read
Asia Economics Weekly Time to worry about inflation? The recent jump in energy prices will put upward pressure on inflation across the region, but the impact should prove short lived and is unlikely to worry policymakers. 8th October 2021 · 7 mins read
Global Markets Update Taking stock of the sell-off in EM LC bonds We expect the yields of 10-year emerging market (EM) local-currency (LC) government bonds to rise over the coming years. But, in most EMs, we think yields will rise by less than the 10-year US... 6th October 2021 · 4 mins read
Emerging Markets Economics Update The vaccine tide is slowly turning A likely flood of exports from India and China, as well as a ramping up of donations from the US, should help to significantly boost vaccine supply for the many poor EMs in Africa and South and South... 6th October 2021 · 3 mins read
Asia Economics Update Bank of Korea still on for another hike in 2021 Korean consumer prices saw another strong m/m rise last month, and while we don’t think this is a major cause for concern it still adds weight to our view that the central bank will hike rates again... 6th October 2021 · 3 mins read
Asia Economics Update Vietnam: Is the worst over? With cases of COVID-19 in Vietnam falling sharply and the government easing restrictions, factories are starting to reopen, and the latest data suggest the worst is now over for the country’s... 5th October 2021 · 2 mins read
