Asia Economics Weekly Korea’s property doldrums, Indonesia’s new president Concerns that interest rate cuts could lead to a renewed property price bubble in Korea look overblown. With housing transactions close to multi-year lows and the stock of unsold homes high by... 18th October 2024 · 7 mins read
Asia Economics Weekly Korea cuts, Bank Indonesia on a knife edge The Bank of Korea cut interest rates today and we are expecting the central banks of Thailand and the Philippines to follow suit at their scheduled meetings on Wednesday. The Monetary Authority of... 11th October 2024 · 8 mins read
Event Asia Drop-In: How far will policy easing go to support Asia’s economies? 1729067400 It’s a busy week for Asia’s central banks, with three key decisions expected on Wednesday following on from the latest Reserve Bank of India and Bank of Korea meetings.
Asia Economics Update Korea: further cuts on the way The Bank of Korea today cut interest rates by 25bps (to 3.25%), but tried to dampen speculation that it would cut rates at its final meeting of the year in November. With growth struggling and... 11th October 2024 · 3 mins read
Asia Economics Weekly Bank of Korea to begin easing cycle, oil price risks With inflation below target and activity data pointing to a further slowdown, we expect the Bank of Korea to kickstart its easing cycle at its scheduled monetary policy meeting next Friday. Meanwhile... 4th October 2024 · 5 mins read
Asia Economic Outlook Policy easing to gather pace We are expecting another year of below-trend economic growth in 2025 across Asia, as subdued exports, worsening labour markets and tighter fiscal policy weigh on demand. Inflation is back to target... 23rd September 2024 · 28 mins read
Asia Economics Weekly Fed easing, SBP rate cut, BoK’s dovish minutes Bank Indonesia tends to place a lot of weight on US Federal Reserve decisions because of its mandate to ensure currency stability. We think a cut by the Fed on Wednesday will give the green light for... 13th September 2024 · 8 mins read
Capital Daily Could the stock market ride out a recession? Investors' concerns about the health of the US economy have intensified again, contributing to a selloff in global equity markets. The US stock market rode out an earnings recession last year thanks... 4th September 2024 · 4 mins read
Asia Economics Update Korea: fall in inflation opens the door to October cut Inflation in Korea fell back sharply last month, supporting our view that the central bank will cut interest rates at its next meeting in October. 3rd September 2024 · 2 mins read
FX Markets Update We think Asian currencies’ rallies will slow, not stop We expect most Asian currencies to make further gains against the US dollar over time, even if their biggest rallies may now be behind them. 27th August 2024 · 5 mins read
Asia Economics Weekly Taiwan defies dovish shift among Asia’s central banks The common theme across the three central bank meetings in Asia this week was that inflation concerns are fading, partly due to a rebound in currencies, and policymakers appear a bit more concerned... 23rd August 2024 · 5 mins read
Asia Economics Update BoK set to loosen policy by more than most expect The Bank of Korea left rates on hold again today but sounded very dovish. With policymakers now more confident about achieving their inflation target and domestic demand set to remain weak, we think... 22nd August 2024 · 3 mins read
Asia Rapid Response Korea Policy Rate (August 2024) The decision by the Bank of Korea to leave interest rates unchanged (at 3.5%) today came as no surprise, but of more interest will be the tone of Governor Rhee’s press conference and the central bank... 22nd August 2024 · 1 min read
Asset Allocation Update East Asian equities could outperform again before long Equity markets in East Asia suffered very sharp declines earlier this week, but have generally recovered since. We think the rebound has scope to go a lot further as recession fears in the US prove... 9th August 2024 · 4 mins read
Asia Economics Weekly Korea growth worries, new Taiwan GDP forecast The latest batch of data from Korea underline how much the economy has struggled in recent months. Despite the weak economy, the jump in inflation last month has dashed any hopes of a rate cut at the... 2nd August 2024 · 7 mins read
