Asia Data Response Manufacturing PMIs (Apr.) The April PMIs for Emerging Asia suggest that the region’s manufacturing sectors were lacklustre at the start of Q2. Focussing on the two economies where the PMIs most closely track the hard data... 2nd May 2018 · 1 min read
Emerging Markets Economics Update Taking stock of the latest bout of EM currency weakness The recent pressure on EM currencies has prompted a stronger reaction from EM central banks than we have seen for some time. But while we do expect a general shift towards monetary tightening in the... 30th April 2018 · 1 min read
Asia Economics Update Asian currencies wobble Asian currencies have recently lost a bit of ground against the dollar as rising Treasury yields in the US have helped push the greenback higher. Although uncertainty over the outlook for US monetary... 30th April 2018 · 1 min read
Frontier Markets Wrap Public debt fears concentrated in smaller frontiers Public debt positions across the emerging world have come under scrutiny recently and the risks appear to be concentrated in frontier markets. In aggregate, the debt-to-GDP ratio of frontier... 30th April 2018 · 1 min read
Asia Economics Focus Election could make Malaysia’s problems worse Despite facing a resurgent opposition, Prime Minister Najib Razak is favourite to win a third term in a general election due on 9 th May. A victory for Najib would probably lead to a short-term fiscal... 30th April 2018 · 1 min read
Asia Economics Update Summit talks and the impact on Korea’s economy Today’s landmark summit between the two Koreas should help to remove a major tail risk for the region’s markets and economies. However, the impact on South Korea’s economy of an easing in tensions is... 27th April 2018 · 1 min read
Asia Economics Weekly No need to worry about the rupiah Earlier this week Bank Indonesia raised the prospect of an interest rate hike to support the rupiah, which has come under further downward pressure as rising Treasury yields in the US have pushed the... 27th April 2018 · 1 min read
Emerging Markets Activity Monitor EM growth softens in Q1 Our EM GDP Tracker suggests that growth in the emerging world eased over Q1, which seems to have been driven by weaker activity in EM industry. 27th April 2018 · 1 min read
Asia Data Response Korea GDP (Q1) Korea’s economy rebounded strongly in the first quarter of the year and should continue to hold up well in the coming quarters, supported by a turnaround in the tourism sector, robust global demand... 26th April 2018 · 1 min read
Emerging Markets Economics Update Winners and losers from the latest jump in oil The latest rise in oil prices has eased fiscal concerns in a number of EM oil producers but only at the expense of increased balance of payments concerns in some EM oil consumers, notably Turkey and... 25th April 2018 · 1 min read
Emerging Markets Economics Update Will softer EM inflation trigger interest rate cuts? The recent string of weak inflation data released across EMs has been due largely to a drop in food inflation and, while we think that many central banks will look through this, policymakers in some... 23rd April 2018 · 1 min read
Emerging Markets Economics Chart Pack Trade war fears overblown, for now President Donald Trump’s proposed tariffs on imports from China have raised concerns of a trade war between the world’s two largest economies. Many fear that this could have knock-on effects on EMs... 20th April 2018 · 1 min read
Asia Economics Weekly Policymaking takes turn for the worse as elections approach Malaysia, Indonesia and Pakistan all face crucial elections over the next few months, and in each country, policymaking has recently taken a turn for the worse. In Malaysia and Indonesia we see little... 20th April 2018 · 1 min read
Emerging Markets Economics Update Export soft spot adds to evidence EM growth has peaked The export components of the EM business surveys have not deteriorated to the same extent as those in developed markets over the past couple of months, but they nonetheless add to the evidence that... 19th April 2018 · 1 min read
Emerging Markets Economics Update Should we worry about the rise in EM public debt? The IMF’s latest Fiscal Monitor has put the rise in EM public debt over the past decade back under the spotlight. While debt ratios have increased across most of the emerging world, major... 19th April 2018 · 1 min read
Asia Chart Pack Markets recover as fears of imminent trade war recede Equity markets across Emerging Asia have bounced back a little since early April as fears of an imminent trade war between the US and China have receded. The decision by the US Treasury not to label... 17th April 2018 · 1 min read
