Asia Economics Update PMIs point to continued momentum in emerging Asia The short histories and sketchy track records of PMIs in emerging Asia limit their usefulness as leading indicators. Nonetheless, they are increasingly closely-watched. Read alongside other recent... 1st September 2009 · 1 min read
Asia Economics Update RBA in no rush to hike The Reserve Bank of Australia (RBA) left its policy rate unchanged at 3.0% today as expected. Despite rising business and consumer confidence, both ourselves and the RBA believe that the near-term... 1st September 2009 · 1 min read
China Economics Update PMIs point to continued momentum in emerging Asia 1st September 2009 · 1 min read
Asia Economics Update The Philippines should keep surprising on the upside Today it was the Philippines’ turn to announce a far stronger-than-expected Q2 GDP gain. As elsewhere in Asia, it is the resilience of domestic demand which is pulling the economy through, but the... 27th August 2009 · 1 min read
Asia Economics Update Malaysia to stay on an improving track Today’s better-than-expected Q2 GDP figures confirm that Malaysia is pulling out of recession. Malaysia’s upswing will likely be sluggish compared to the region but this should ensure that the... 26th August 2009 · 1 min read
Asia Chart Pack Recovery to bring rate hikes well ahead of the West (Aug 09) This chart book is our monthly review of key data in eight Asian economies. Mainland China, Hong Kong and Taiwan are covered separately in our China Chart Book, and Japan in our Japan Chart Book. 18th August 2009 · 1 min read
Asia Economics Update Poor monsoon will not derail India’s recovery Strong June industrial output adds to the evidence that India’s recovery will be sustained and probably rapid. The poor 2009 monsoon is a wildcard but, at worst, GDP growth this year should only be 0... 12th August 2009 · 1 min read
Asia Economics Update Korean policy rates set to stay low The Bank of Korea left its policy rate unchanged today. Economic recovery and concerns over incipient asset bubbles in the housing and equity markets have led some to expect policy rates to rise later... 11th August 2009 · 1 min read
Asia Economics Update Focus turns to timing the first rate hike in Indonesia Bank Indonesia cut its key overnight lending rate by 25bps to 6.5% today as we and the consensus expected. While the accompanying statement leaves the door open for further cuts we think that rates... 5th August 2009 · 1 min read
Asia Economics Update Australian rates have bottomed out The Reserve Bank of Australia (RBA) left its policy rate unchanged at 3.0% today as expected. The accompanying statement struck a more hawkish note than previous releases and markets are pricing in a... 4th August 2009 · 1 min read
Asia Economics Update Thailand Q2 GDP looks set for solid rebound The improvement in economic activity in June confirms that Thai GDP rebounded in Q2, while leading indicators suggest Q3 has started on a strong footing. 31st July 2009 · 1 min read
Asia Economics Update Reserve Bank of India turns its mind to inflation risks India’s central bank is increasingly concerned about inflation risks, raising the likelihood that it will hike interest rates before the end of the year. 28th July 2009 · 1 min read
Asia Economics Update The Philippines is leaving its past behind Yesterday’s debt rating upgrade from Moody’s was catch-up and long overdue but does at least acknowledge the increased resilience of the Philippine economy to global shocks and its likely higher long... 24th July 2009 · 1 min read
Asia Chart Pack GDP rebound to fade (Jul 09) The rest of Asia is likely to follow Singapore in showing Q2 GDP significantly improved on Q1. Economic recovery is likely to be sustained in all countries into 2010 but our forecast of only a slow... 16th July 2009 · 1 min read
Asia Economics Update Bank of Thailand to stay on hold throughout 2010 The Bank of Thailand (BoT) today left its overnight rate on hold at 1.25%. Its statement was neutral, but Thai markets are still pricing in policy rate hikes over the next year. We expect rates to... 15th July 2009 · 1 min read
Asia Economics Update Singapore is back but recovery to fade Asia’s first Q2 GDP release showed Singapore surged out of recession, and is likely to be followed soon by stronger GDP data from elsewhere in the region. Singapore’s recovery should continue but... 14th July 2009 · 1 min read
