Asia Rapid Response

Singapore Monetary Policy Decision (April 2025)

Singapore’s central bank loosened monetary policy again today and with inflation set to remain low and the economy weak, further easing looks likely in the coming quarters.

14th April 2025 · 3 mins read

Asia Economics Weekly

Asia Weekly: Relief in Asia

Trump’s 90-day pause on reciprocal tariffs offers welcome breathing room for Asia (outside China), and the region should avoid the worst of the fallout of the trade war. While the 10% universal tariff...

11th April 2025 · 9 mins read

Asia Economic Outlook

Asia Outlook: Rate cuts and trade uncertainty

We expect economic growth across the region to remain subdued, with most economies set to record below-trend and below-consensus growth this year. While lower interest rates will provide some support...

25th March 2025 · 28 mins read

Asia Rapid Response

Singapore Monetary Policy Announcement (January 2025)

24th January 2025 · 2 mins read

Asia Economic Outlook

Asia Outlook: More rate cuts coming

We expect another year of below-trend and below-consensus GDP growth in most of Asia in 2025, as tight fiscal policy and weak exports weigh on output. In China, a slowdown in construction will act as...

13th December 2024 · 28 mins read

Asia Economics Weekly

Korea’s interest rate cut, falling inflation in Singapore

The Bank of Korea surprised most analysts (although not us) when it cut interest rates at its scheduled meeting yesterday. The weakness of today’s activity data makes us more confident in our view...

29th November 2024 · 5 mins read

Asia Economics Weekly

Will the Bank of Korea spring a surprise?

The Bank of Korea pushed back strongly against the prospect of back-to-back rate cuts when it began its easing cycle last month, and most analysts expect rates to be left unchanged at the BoK’s...

22nd November 2024 · 6 mins read

Asia Rapid Response

Singapore Monetary Policy Meeting (October) & Q3 GDP (Adv estimate)

14th October 2024 · 2 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

Asia Economics Update

Asia: key client questions answered

We recently held a series of Asia-focussed roundtable discussions with clients in London, covering an array of topics including the impact of Fed easing, the US election, global fracturing and China’s...

1st October 2024 · 6 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

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 Rapid Response

Singapore Central Bank Policy Meeting (July)

The Monetary Authority of Singapore (MAS) kept policy unchanged today, but we think today’s marginally dovish statement raises the likelihood of monetary easing in October.

26th July 2024 · 2 mins read

Asia Economics Weekly

Korea: contraction in Q2, weak H2

Second quarter GDP figures for Korea, due to be published next week, are likely to show the economy contracted last quarter. Growth in the second half of the year is also likely to struggle, with weak...

19th July 2024 · 6 mins read

Asia Rapid Response

Singapore Q2 GDP (advance estimate)

GDP growth in Singapore remained below trend during the second quarter and we expect this to persist in the near term as the cooling labour market, elevated interest rates and weak global growth...

12th July 2024 · 2 mins read