India Economics Update Export slump looks set to continue India’s trade deficit remained in check in December but this positive headline story masks the fact that exports continue to contract sharply. With progress on the reforms needed to support a vibrant... 18th January 2016 · 1 min read
Asia Economics Update What does Taiwan’s election result mean for the economy? The weekend’s election result marks a major political landmark for Taiwan, with the anti-China Democratic People’s Party (DPP) winning not only the presidency, but also gaining control of the... 18th January 2016 · 1 min read
Asia Economics Weekly Should Asia fear a collapse in the renminbi? Fears of a sudden devaluation of the Chinese renminbi have cast a shadow over Emerging Asia’s economic prospects since the start of the year. But while Asian exporters would hardly welcome a slump in... 15th January 2016 · 1 min read
Emerging Markets Trade Monitor Drop in EM exports still likely to ease this year EM exports continued to perform poorly at the tail-end of last year, but we think that the pace of contraction should at least ease over the course of 2016. 15th January 2016 · 1 min read
Emerging Markets Economics Update No sign (yet) of an EM credit crunch EM credit growth remains weak by its usual standards but there is no evidence (yet) of a widespread “credit crunch” that could be the precursor to a more serious downturn in economic activity. 14th January 2016 · 1 min read
Asia Economics Update Indonesia will only cut rates gradually Bank Indonesia’s decision to cut interest rates today should provide a long-overdue boost to the struggling economy. But the central bank will take a cautious approach from here. 14th January 2016 · 1 min read
Asia Economics Update Rate cut in Bangladesh likely to be a one-off Bangladesh Bank has today cut its policy rates for the first time since 2013 to give the economy a further lift. Although the central bank has become more confident of meeting its inflation target... 14th January 2016 · 1 min read
India Data Response Wholesale Prices (Dec.) Wholesale price inflation picked up in December and, looking ahead, we think that it will rise further, returning to positive territory early this year. 14th January 2016 · 1 min read
Asia Economics Update Korea to hold rates in 2016 Against a backdrop of global financial market volatility and rising household debt, the Bank of Korea (BoK) left its policy rate unchanged at a record low of 1.50% today. We do not expect any changes... 14th January 2016 · 1 min read
Asia Economic Outlook China holds the key to regional recovery Turmoil in China’s financial markets has fuelled concerns that its real economy is also on the brink of a crisis, but we expect continued policy support to drive a recovery over the coming months... 13th January 2016 · 1 min read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor Our Capital Flows Tracker shows that aggregate EM capital outflows rose to a record $270bn in the final quarter of last year, even more than during the depths of the global financial crisis. This was... 13th January 2016 · 1 min read
Asia Economics Update Oil price fall further dims Malaysia’s 2016 growth outlook The renewed fall in oil prices in recent months is a further blow to Malaysia’s economy. Moreover, there is very little scope for policymakers to support growth with fiscal or monetary loosening. We... 13th January 2016 · 1 min read
India Economics Update Rise in coal production belies longer-term challenges A recent pick-up in domestic production and a fall in imports of coal have led to suggestions that the government is on track to meet its target of doubling output by 2020. But the sector continues to... 13th January 2016 · 1 min read
India Data Response Consumer Prices (Dec.) & Industrial Production (Nov.) India’s consumer price inflation accelerated in December. While this doesn’t put the RBI’s inflation target for January 2016 under threat, it does highlight the difficult task the RBI faces in meeting... 12th January 2016 · 1 min read
Emerging Markets Economic Outlook Crisis or recovery: what next for emerging economies? Many parts of the emerging world are facing a tough year in 2016. But the outlook is not as uniformly bleak as many assume and some important emerging economies could spring positive surprises. 11th January 2016 · 1 min read
Commodities Update Malaysia Monthly Palm Oil Data (Dec.) Data released earlier today by Malaysia’s Palm Oil Board show that palm oil inventories declined in December for the first time since the middle of last year as production fell sharply again. 11th January 2016 · 1 min read
