Asia Economics Update Thai rates to stay low Against a backdrop of robust growth and subdued inflation, today’s decision by the Bank of Thailand (BoT) to leave its key interest rate unchanged at 1.50% came as no surprise. The accompanying... 8th November 2017 · 1 min read
Asia Economics Update Sri Lanka’s central bank has little room for manoeuvre Sri Lanka’s central bank (CBSL) left rates on hold today, and the accompanying monetary policy statement supports our view that rate changes are not on the horizon. CBSL will be wary of hiking rates... 7th November 2017 · 1 min read
Asia Data Response Indonesia GDP (Q3) The gentle acceleration in Indonesia’s GDP growth in the third quarter to 5.1%, from 5.0%, is unlikely to mark the start of a sustained recovery in the economy. Given the mounting headwinds facing the... 6th November 2017 · 1 min read
Asia Economics Weekly What to expect from Trump’s Asia trip Donald Trump’s priority during his upcoming trip to Asia is likely to be drumming up support for his hard-line stance in dealing with North Korea. But while this means he is likely to go soft on his... 3rd November 2017 · 1 min read
Emerging Markets Economics Update Powell nomination won't have big impact on EMs The nomination of Jerome Powell to be the next chair of the Fed doesn’t have significant implications for EMs. We think that the economic recovery is close to peaking in several emerging economies and... 2nd November 2017 · 1 min read
Emerging Markets Economics Update EM manufacturing growth eases in October Our estimate of the aggregate Emerging Market manufacturing PMI suggests that manufacturing activity weakened at the start of the Q4. This slowdown appears to be broad-based across EM regions. 1st November 2017 · 1 min read
Asia Economics Update Raising our Korea growth and interest rate forecasts China and South Korea’s decision to “reset” relations should provide a significant boost to Korea’s economy by bringing an end to China’s boycott of Korean goods as well as the clampdown on Chinese... 1st November 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Oct.) The October PMIs for Emerging Asia suggest that the region’s manufacturing sectors lost some momentum at the start of Q4. The headline readings for Korea and Taiwan – the two economies where the PMIs... 1st November 2017 · 1 min read
Asia Economics Update Asian equities bounce back Equity markets in Asia rebounded strongly in October, with bourses in Korea, India, Taiwan, Thailand, the Philippines and Indonesia all reaching new record highs. 31st October 2017 · 1 min read
Asia Data Response Taiwan GDP (Q3 Advanced) GDP growth in Taiwan rose in Q3 to the fastest pace in more than two years as a jump in exports outweighed a slowdown in the domestic economy. Looking ahead, with global demand set to remain healthy... 31st October 2017 · 1 min read
Asia Economics Weekly Investment could be a future weak spot for the Philippines The Philippines should remain one of the region’s fastest growing economies over the coming years. But with signs that the worsening political climate is starting to discourage investment, economic... 27th October 2017 · 1 min read
Asia Chart Pack Malaysia’s budget won’t be a giveaway bonanza While Malaysia has made good progress in bringing down its budget deficit, there remains limited room for a pre-election giveaway in the 2018 budget, which is due to be announced on 27th October... 26th October 2017 · 1 min read
Asia Data Response Korea GDP (Q3) GDP growth in South Korea rose to a seven-year high in q/q terms last quarter as the economy brushed off the rising tensions on the Korean peninsula. Provided conflict is avoided, South Korea should... 26th October 2017 · 1 min read
EM Markets Chart Pack Will EM currencies withstand the Fed? After a big rally earlier in the year, emerging market (EM) currencies have weakened against the dollar recently as US rate expectations have picked up. We doubt that much larger falls are around the... 19th October 2017 · 1 min read
Asia Economics Weekly How do our forecasts differ from the consensus and the IMF? For most countries, our forecasts are a little bit below those of both the consensus and the IMF. However, there are three economies, Hong Kong, the Philippines and Pakistan where we think other... 13th October 2017 · 1 min read
Emerging Markets Trade Monitor EM export growth set to slow in Q4 EM exports look to have grown strongly in Q3, helped by a rise in commodity prices. However, this is unlikely to herald a return to the rapid rates of export growth seen at the beginning of 2017... 13th October 2017 · 1 min read
