Emerging Europe Economics Update Inflation in EM commodity producers will continue to ease Inflation in most commodity-producing EMs will continue to edge down over the coming months as the effects of previous currency falls unwind. This will allow policymakers in almost all of these... 30th November 2016 · 1 min read
India Economics Update What next for the rupee? Markets largely shrugged off the recent fall in the rupee to a record low against the US dollar, and were right to do so. With other EM currencies also weakening and inflation higher in India than... 30th November 2016 · 1 min read
Emerging Markets Activity Monitor EM recovery grinds on Our GDP Tracker suggests that the EM recovery has continued in recent months, driven in large part by a strong rebound in China’s economy. This has a bit further to run but we think the recovery will... 29th November 2016 · 1 min read
Asia Economics Update Sri Lankan rates on hold, but hikes in the pipeline The Central Bank of Sri Lanka (CBSL) kept rates on hold at its meeting today, but with credit growing at an unsustainable pace, inflationary pressures building, and the US Federal Reserve set to... 29th November 2016 · 1 min read
EM Valuations Monitor Valuations still favour EM equities over US$ bonds Yields of emerging market (EM) dollar-denominated bonds have risen since the US elections, but are still generally lower than the forward earnings yields of equities. This is one reason why we believe... 28th November 2016 · 1 min read
Frontier Markets Wrap Frontier financial markets sell off, but losses limited Frontier financial markets came under pressure in the wake of Donald Trump’s US election victory, with currencies weakening against the dollar and bond yields rising. The losses have been relatively... 28th November 2016 · 1 min read
India Economics Focus Can services alone deliver rapid growth? India is often heralded for demonstrating a new path to middle income by focusing on the development of its services sector rather than on significant industrialisation. It is true that India’s... 28th November 2016 · 1 min read
Asia Economics Weekly Strong domestic demand helping to offset weak exports Regional GDP growth held steady at just under 4% last quarter, with buoyant domestic demand again helping to offset weak exports. With subdued global growth set to continue holding back exports, the... 25th November 2016 · 1 min read
Global Markets Update What next for EM currencies? Emerging market currencies have been one of the major casualties of the global sell-off since the November 8th US elections. Some, including the Turkish lira and South African rand, are likely to... 24th November 2016 · 1 min read
India Chart Pack Anti-corruption drive has further to run The government’s shock demonetisation announcement earlier this month was its boldest measure yet to tackle corruption and formalise large parts of the shadow economy, but it is unlikely to be the... 24th November 2016 · 1 min read
Asia Data Response Singapore GDP (Q3 Revised) Today’s revised estimate of Singapore’s Q3 GDP confirmed that the economy contracted last quarter. Looking ahead, the prospect of higher local interest rates and subdued global demand suggest a strong... 24th November 2016 · 1 min read
Emerging Markets Economics Update Trump and the fallout for EMs in five key points We’ve written lots over the past two weeks about Donald Trump’s victory and the implications for EMs. While much remains uncertain, in this Update we draw out five early takeaways. 23rd November 2016 · 1 min read
Asia Chart Pack Political developments take centre stage Political developments have taken centre stage over the past month. Aside from Donald Trump’s election victory, most attention in Asia has focused on Korea, where President Park Geun-hye is clinging... 23rd November 2016 · 1 min read
Asia Economics Update Malaysia’s policy rate to stay on hold throughout 2017 Today’s decision by Malaysia’s central bank (BNM) to keep interest rates on hold at 3.0% suggests that it is more worried about supporting the weak currency than boosting the sluggish economy. Looking... 23rd November 2016 · 1 min read
Emerging Markets Economics Chart Pack EM markets stabilise after post-Trump sell-off Financial markets across the emerging world have stabilised following an initial sell-off in the wake of Donald Trump’s victory in the US presidential election earlier this month. This partly reflects... 22nd November 2016 · 1 min read
India Economics Update Demonetisation sparks further bond market rally The government’s surprise demonetisation announcement has led to a sharp rise in bank deposits over the past couple of weeks. The rush of liquidity in the system has led to a fall in interbank rates... 21st November 2016 · 1 min read
