Asia Data Response Manufacturing PMIs (Sep.) Emerging Asia’s PMIs for September suggest the region’s manufacturing sectors ended Q3 on a solid note. Focussing on the two economies where the PMIs most closely track the hard data, Taiwan’s... 2nd October 2017 · 1 min read
Asia Economics Update Asian equities and currencies come off the boil Asian equities and currencies have generally fallen over the past month. Although worries about the Fed have played a role, local factors have been important too. 29th September 2017 · 1 min read
Asia Economics Weekly Inflation to remain subdued, interest rates to stay low Whereas the consensus is expecting monetary policy in Emerging Asia to be tightened next year, we think central banks will be in little hurry to raise interest rates. One of the main reasons is the... 29th September 2017 · 1 min read
Emerging Markets Economics Update Drop in CA deficits take EMs out the firing line There are several reasons why the gradual tightening of monetary policy in developed markets is unlikely to cause major problems for EMs, but one of the most important is that current account deficits... 26th September 2017 · 1 min read
Asia Chart Pack Will tougher sanctions on North Korea work? The United Nations has agreed a new set of sanctions on North Korea, which while falling short of what was originally demanded by the US, constitute the strongest sanctions ever imposed on the country... 12th September 2017 · 1 min read
Japan Economics Update Would the yen remain a safe haven during a Korean War? The experience of the last couple of weeks suggests that gold might be the better safe haven choice if war were to break out on the Korean peninsula. Nonetheless, on the evidence of past crises, the... 8th September 2017 · 1 min read
Asia Economics Update South Korea: counting the economic cost of THAAD Chinese retaliation over South Korea’s deployment of the US Terminal High Altitude Defense (THAAD) system has led to a sharp slump in Chinese tourist arrivals in South Korea and a big fall in Korean... 6th September 2017 · 1 min read
Global Economics Update Six key questions and answers about North Korea The escalation of tensions between North Korea and the US has once again raised the issues of how big the threat is and where the risks lie. In this Update we answer six key questions. 4th September 2017 · 1 min read
China Economics Update Trade tensions rise after North Korea’s test President Trump’s suggestion that he would cut off all trade with countries that trade with North Korea is an empty threat when it comes to China. But the risk of some form of trade sanction has... 4th September 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Aug.) Emerging Asia’s PMIs for August suggest the region’s manufacturing sectors gained a little bit of momentum last month. In particular, there were signs of improvement in both Korea and Taiwan – the two... 1st September 2017 · 1 min read
Asia Economics Update Interest rates to stay low in Korea The Bank of Korea (BoK) today left interest rates unchanged and there was little sign in the central bank’s statement that the central bank is in any rush to adjust policy. With the economy growing at... 31st August 2017 · 1 min read
Asia Economics Update Asian equities shrug off latest Korean tensions Equity markets in Emerging Asia have continued to take the crisis in North Korea in their stride. Although most markets have fallen in response to today’s missile test, the moves are very small. It is... 29th August 2017 · 1 min read
Asia Chart Pack Will other central banks follow Bank Indonesia? Despite the current subdued rates of inflation across most of Emerging Asia, we don’t expect many of the region’s central banks to copy Bank Indonesia, which yesterday surprised markets by cutting... 23rd August 2017 · 1 min read
Commodities Update North Korea sanctions should not have much market impact Some commentators are justifying the recent surge in a number of industrial commodity prices on the prospect of lower available supply as a result of the latest sanctions on North Korea. However, we... 21st August 2017 · 1 min read
Precious Metals Update What does the North Korean crisis mean for gold prices? The price of gold was a key beneficiary of the recent increase in tensions between the US and North Korea. While we think that the chances of a full-scale war are quite slim, there remains huge... 11th August 2017 · 1 min read
Global Markets Update Will North Korea tensions continue to weigh on US equities? The recent escalation of tensions between the US and North Korea has weighed on the S&P 500. But provided that war is avoided, we doubt that this marks the start of a sustained downturn in the index. 11th August 2017 · 1 min read
