Asia Economics Update Thailand: tightening cycle not over yet The Bank of Thailand hiked interest rates today by a further 25bps (to 1.50%), and hinted that more rate hikes were likely in the near term amid worries about rising underlying price pressures. We... 25th January 2023 · 3 mins read
Asia Economics Update Sri Lanka: Rates likely to stay unchanged in 2023 Sri Lanka’s central bank (CBSL) kept interest rates unchanged today, and we expect it to leave rates on hold for the rest of the year as it aims to strike a fine balance between supporting a... 25th January 2023 · 3 mins read
Asia Economics Update Pakistan: further tightening on the cards Pakistan’s central bank (SBP) raised its policy rate today by a further 100bps (to 17.0%), and we expect more tightening over the coming months amid concerns about high inflation and the worsening... 23rd January 2023 · 3 mins read
Asia Economics Weekly Rebounding won, Vietnam politics, dovish surprises The rebound in the won is unlikely to be welcomed by the country’s struggling exporters, but will come as a relief to the Bank of Korea, which had become worried that higher import prices would keep... 20th January 2023 · 12 mins read
Event Asia Drop-In: The latest on China’s reopening, Asian monetary policy, and markets 26th January 2023, 8:00AM GMT China’s shift from zero-COVID is the big Asia story of the moment and our economists gave an update on what this means for the region’s growth outlook, including how quickly outbound tourism is rec
Asia Economics Update Indonesia: Tightening cycle over Bank Indonesia (BI) today raised interest rates by a further 25bps (to 5.75%) but also appeared to signal there would be no further rate increases this year. We are changing our forecast in response... 19th January 2023 · 3 mins read
Asia Economics Update Malaysia: Rates on hold, tightening cycle likely over Malaysia’s central bank (BNM) unexpectedly left its main policy rate unchanged today (at 2.75%), but appeared to leave open the possibility of further rate hikes later in the year. However, with... 19th January 2023 · 3 mins read
Asia Data Response Taiwan GDP (Q4) Taiwan’s economy unexpectedly contracted in Q4, driven by a sharp fall in exports. We expect the economy to remain weak over the coming quarters as exports struggle amid a global recession and higher... 18th January 2023 · 2 mins read
Asia Economics Weekly China rebound, Thai election, new currency forecasts Disruption from China’s reopening is fading faster than we had expected and we have revised up our GDP growth forecast for this year. As daily life in China returns to normal, spending at hotels... 13th January 2023 · 8 mins read
FX Markets Update China’s re-opening and currency markets While the medium-term outlook for the renminbi and other Asian currencies has improved, and we have revised some of our forecasts accordingly, we continue to anticipate that a deterioration in risk... 13th January 2023 · 4 mins read
