Asia Economics Update New Zealand will remain reluctant to hike rates The Reserve Bank of New Zealand (RBNZ) kept its policy rate at 2.5% today. We continue to expect the cash rate to remain on hold until the end of the year and to be kept low in 2014. 13th June 2013 · 1 min read
Asia Chart Pack Weak growth prompts monetary easing Economic growth slowed nearly everywhere in Asia last quarter. This weakness, alongside low inflation and, in the case of Korea and Australia, worries over currency strength, prompted five central... 22nd May 2013 · 1 min read
Asia Economic Outlook South East Asia to outperform Emerging Asia began the year with plenty of momentum, but the recovery is already showing signs of losing steam. Growth in 2013-14 is likely to be slower than has been the norm. Lacklustre global... 4th April 2013 · 1 min read
Asia Chart Pack Signs that Asia's recovery may be losing steam Economic activity in emerging Asia rebounded strongly in the final quarter of last year. However, there are signs that the recovery may be running out of steam. Our GDP tracker dipped slightly in... 26th March 2013 · 1 min read
Asia Economics Update New Zealand near-term outlook marred by drought New Zealand’s economy grew faster than expected in Q4. Reconstruction spending is finally ramping up, but growth will be held back by a drought that has hit North Island. 21st March 2013 · 1 min read
Asia Chart Pack Regional recovery continues Economic activity across emerging Asia is showing further signs of recovery. Growth has been strongest in South East Asia, where domestic demand has continued to shrug off the impact of weak exports... 28th February 2013 · 1 min read
Asia Economic Outlook Gathering momentum? Asian growth looks to have picked up late last year and is likely to fare well in the near term. However, growth in 2013-14 is unlikely to be strong due to lacklustre external demand and structural... 17th January 2013 · 1 min read
Asia Economics Update New Zealand still waiting on reconstruction boost New Zealand’s economy grew at a very slow pace in Q3. Reconstruction spending should lend some support next year, but a robust pick-up is unlikely. 20th December 2012 · 1 min read
Asia Chart Pack Signs growth has bottomed out in Q4 Data for the past couple of months suggest that GDP growth has picked up slightly in the fourth quarter. Nevertheless, growth still remains weak by historical standards. Subdued global demand will... 19th December 2012 · 1 min read
China Economics Update The US fiscal cliff: implications for Asia The nightmare scenario of the US Congress failing to reach a deal on the fiscal cliff would see growth in Asia’s most trade-dependent countries slow by up to 1 percentage point in 2013. 17th December 2012 · 1 min read
Asia Economics Weekly Asian currencies undervalued, but still set to weaken Most currencies in Asia look undervalued. However, it would be wrong to conclude that Asia’s currencies are set for rapid appreciation. In 2013, we think an escalation in the euro-zone crisis will... 3rd December 2012 · 1 min read
Asia Chart Pack Central banks step up policy loosening Over the past month, central banks in South Korea, Thailand, Australia and Pakistan have all cut their policy rates. The moves come in response to continued weakness in exports, which has caused GDP... 19th October 2012 · 1 min read
Asia Economics Update New Zealand set for subdued growth Today’s GDP data show that New Zealand’s economy lost momentum in Q2, as was expected after a strong start to the year. We expect growth to settle at close to its trend rate over the coming quarters... 20th September 2012 · 1 min read
Asia Economics Update New Zealand’s cash rate still likely to be cut The Reserve Bank of New Zealand (RBNZ) kept its policy rate at 2.5% today, as was widely anticipated. Most analysts expect the Bank to embark on significant policy tightening next year. In contrast... 13th September 2012 · 1 min read
Asia Economics Weekly Asia's consumers far from immune to global problems We expect global demand to stay weak in coming quarters and for labour markets and consumer confidence in Asia to soften as a result. Central banks in the region are likely to ease further, which... 31st August 2012 · 1 min read
Asia Chart Pack Falling oil prices provide more scope to loosen policy Exports from Asia have been weak so far in Q2 but domestic demand has held up reasonably well. Nonetheless, we doubt that growth in Asia’s trade-dependent economies would remain so resilient if global... 26th June 2012 · 1 min read
