Asia Economics Update Korea: chips and policy support to cushion energy hit Korea’s economy rebounded strongly in the first quarter of the year, on the back of very strong demand for semiconductors. And while strong exports and policy support are likely to support growth this... 23rd April 2026 · 4 mins read
Asia Rapid Response Indonesia Interest Rate Announcement (April 2026) Bank Indonesia left its policy rate unchanged at 4.75% today as officials’ concerns about the weakness of the rupiah countered its desire to support economic growth. So long as the rupiah doesn’t come... 22nd April 2026 · 3 mins read
China Economics Update Surge in green tech demand to support exports March trade data show that higher oil prices have already driven up demand for China’s green tech exports. And our analysis suggests that stronger NEV demand could see the auto sector alone add at... 21st April 2026 · 7 mins read
Climate Economics Update China’s green tech exports boosted by Iran conflict China’s green technology exports reached a record high in March on the back of the sharp rise in global fossil fuel prices, and we think that the energy shock will continue to boost foreign demand for... 21st April 2026 · 2 mins read
Bonds Update LatAm bonds to outperform if energy prices fall further If the Iran war eases and energy prices fall back further, we expect LatAm bonds to outperform, as monetary policy would be eased substantially in Brazil and, to a lesser extent, in Mexico. By... 21st April 2026 · 5 mins read
India Chart Pack India Chart Pack (April 2026) The energy shock will knock around 0.5%-pts off India’s GDP growth this year and push headline inflation to a peak of close to 6%. But we think the RBI will refrain from raising interest rates unless... 21st April 2026 · 0 mins read
Bank of Japan Watch Bank of Japan will wait until June before hiking again While the Bank of Japan will keep policy settings unchanged next week, we suspect it will judge that risks to economic activity are tilted to the downside for now. While that would normally point to a... 20th April 2026 · 8 mins read
Asia Economics Weekly Jakarta & Manila unlikely to follow Singapore in tightening The Monetary Authority of Singapore tightened its policy stance this week, but we doubt that central banks in Indonesia and the Philippines will follow suit next week – both are likely to keep rates... 17th April 2026 · 6 mins read
China Economics Weekly Export dependence deepens, labour market softens The sectoral breakdown of GDP released today shows that industry outperformed last quarter, with much of the Q1 acceleration driven by strong external demand. But industry is less labour intensive... 17th April 2026 · 5 mins read
India Economics Weekly Middle East turmoil hitting India’s trade The narrowing in India's goods trade deficit in March is largely a result of the Middle East conflict. Energy imports from the Gulf have collapsed, with an increase in oil shipments from Russia... 17th April 2026 · 3 mins read
Asia Economics Update Malaysia: Q1 slowdown masks resilience to energy shock GDP growth in Malaysia slowed in the first quarter of the year, but the slowdown cannot be attributed to the conflict in the Middle East. The country is better placed than most in the region to deal... 17th April 2026 · 3 mins read
Japan Economics Update Government fiscal health still set to improve further Changes to the way the IMF measures Japan’s government debt mean that the net debt position now looks less favourable. But we still expect it to decline faster than the IMF is anticipating. 17th April 2026 · 3 mins read
Japan Economics Weekly BoJ will wait until June before tightening policy again Bank of Japan Governor Ueda signaled this week that a rate hike at the Bank’s April meeting is off the table. While there’s a risk of prolonged inaction, a reopening of the Strait of Hormuz over the... 17th April 2026 · 6 mins read
Capital Daily We don’t think China’s markets have lost their allure China’s stock and bond markets have been left behind, to some extent, during the recent global relief rally, but we suspect they’ll be on the front foot again before long. 16th April 2026 · 3 mins read
China Rapid Response China GDP (Q1) & Activity (Mar. 2026) The March activity data point to some loss of economic momentum last month. Seasonal distortions are partly to blame, however, and growth accelerated in Q1 overall. We think growth will soften a bit... 16th April 2026 · 3 mins read
