India Data Response Manufacturing PMI (Aug.) India’s manufacturing PMI edged down in August, highlighting that conditions are still subdued by past standards. Looking ahead, with progress on creating a favourable business environment remaining... 1st September 2015 · 1 min read
Europe Data Response Manufacturing PMIs (Aug.) Emerging Asia's PMIs remained weak in August, suggesting the region’s manufacturing sectors continue to struggle. In the three economies where the PMIs most closely track the hard data, the surveys... 1st September 2015 · 1 min read
India Data Response GDP (Q2) At face value, today’s GDP figures for Q2 suggest that India matched China as the world's fastest-growing major economy last quarter. But the GDP data remain inconsistent with numerous other... 31st August 2015 · 1 min read
Asia Economics Update Asian markets bear brunt of China-led sell-off Asian financial markets have been at the centre of the recent financial market turmoil that was triggered by fears about the health of the Chinese economy. The sell-off has raised concerns that a... 31st August 2015 · 1 min read
Emerging Europe Economics Update Currency weakness to have mixed impact on EM inflation The recent bout of currency weakness is likely to add to inflation concerns in EMs that have either seen their currencies fall a long way or have limited spare capacity in their economies (mainly... 31st August 2015 · 1 min read
Asia Economics Weekly Asia to recover from disappointing second quarter The first contraction in exports since the global financial crisis dragged down growth in Emerging Asia to its lowest in over three years last quarter. However, we expect a turn around over the coming... 28th August 2015 · 1 min read
Asia Chart Pack Foreigners head for the exits The financial turmoil of the past month in Asia has seen foreign investors scramble for the exit. Net foreign outflows from the region’s equity markets have reached nearly US$10bn so far in August... 27th August 2015 · 1 min read
Emerging Markets Activity Monitor EM growth lacklustre, but not collapsing EM growth edged down further in June. But for all the gloom in the headlines, we see no sign of the collapse some are talking about. In particular, in China, after a weak start to the year, conditions... 27th August 2015 · 1 min read
Asia Data Response Philippines GDP (Q2) GDP growth in the Philippines rebounded in the second quarter after slipping to its slowest rate in over three years in Q1. Conditions in the domestic economy look healthy, and a recovery in exports... 27th August 2015 · 1 min read
EM Valuations Monitor Equity valuations no longer stretched after August sell-off Emerging Market (EM) equity valuations are no longer stretched either in an absolute or relative sense following the summer sell-off. Once the recent volatility in global markets settles down, we... 26th August 2015 · 1 min read
India Economics Update Government meddling putting RBI credibility at risk India’s Finance Ministry is treading on dangerous ground with calls for monetary easing and other moves that could put the central bank’s independence at risk. Any loss of credibility for the RBI... 25th August 2015 · 1 min read
Emerging Markets Economics Update How will policymakers respond to the market rout? China’s interest rate cut has helped to stem the panic that has gripped emerging markets in recent days, but it has also raised the obvious question about whether other EMs may follow suit. We doubt... 25th August 2015 · 1 min read
Asia Economics Update 1MDB scandal highlights problems that hold Malaysia back The scandal over 1MDB is not the biggest threat to Malaysia’s short-term economic outlook or the main cause of the recent collapse in the ringgit. However, it does shine a light on institutional... 25th August 2015 · 1 min read
Global Markets Update Why this is not a re-run of previous EM crises An 8.5% fall in the Shanghai Composite Index has sent shockwaves through EM equity markets, but we continue to think that there are few parallels between what is happening now and previous crises... 24th August 2015 · 1 min read
Emerging Markets Economics Update Making sense of the EM sell-off The rout in EM financial markets is generating increasingly hysterical headlines with many commentators seemingly fighting to outdo one another with predictions of doom and gloom for emerging... 24th August 2015 · 1 min read
Asia Economics Update Five questions and answers about the market sell-off A sense of panic gripped Asian markets today, creating concerns over the outlook for the region’s economies. In this Update we answer five questions that have been raised by the market moves. 24th August 2015 · 1 min read
