Emerging Asia Economics Weekly GDP to rebound after gloomy Q3 The next few weeks will see the publication of a host of third quarter GDP figures from across the region. While the data are likely to paint a downbeat picture, output should rebound strongly in the... 22nd October 2021 · 6 mins read
Emerging Asia Economic Outlook Interest rates and inflation to remain low Growth in China will weaken further over the coming year as a downturn deepens in industry and construction. The outlook for the rest of the region is improving. We expect many economies to rebound... 20th October 2021 · 35 mins read
Emerging Markets Economics Chart Pack Supply shortages take their toll The supply shortages that have affected many DMs have also intensified in emerging economies over the past couple of months. The automotive sector has been hit hard by global semiconductor shortages... 18th October 2021 · 9 mins read
Emerging Markets Economics Update EM supply constraints mount Although the emerging market manufacturing PMI ticked up last month, EM industry has been undergoing a slowdown for some time. And the surveys show that supply constraints are mounting, which is... 1st October 2021 · 2 mins read
Emerging Asia Economics Weekly PacMan joins the race, baht set for further falls The next presidential election in the Philippines is not until May, but the contest is already generating plenty of headlines with former boxing world champion Manny Pacquiao (PacMan to his fans) this... 1st October 2021 · 5 mins read
Emerging Asia Data Response Manufacturing PMIs (Sep.) While regional PMIs showed that the disruption from large virus waves in the region is easing somewhat, unmet orders continue to pile up, meaning that the resulting shortages further down supply... 1st October 2021 · 2 mins read
Emerging Asia Chart Pack Asian central banks in little rush to raise rates Over the past month or so, the central banks of Korea, Pakistan and Sri Lanka have all raised interest rates, but we don’t think other countries will be in any rush to follow suit. There is certainly... 29th September 2021 · 15 mins read
Emerging Asia Economics Update Thailand: rates to stay low for an extended period The Bank of Thailand (BoT) left interest rates on hold today at 0.5%, and we have taken out the rate cut we originally had pencilled in for this year. However, rate hikes are still a long way off. 29th September 2021 · 2 mins read
Emerging Asia Economics Weekly Rate cut in Thailand, Taiwan applies to join CPTPP With the economy in the doldrums and deflation worries increasing, we think the Bank of Thailand will cut interest rates by a further 25bp at its meeting on Wednesday (most other analysts are... 24th September 2021 · 7 mins read
EM Markets Chart Pack We think China’s equities will continue to struggle Even if the current concerns around Evergrande abate, we think China’s stock market will continue to underperform many of those elsewhere over the next couple of years. Drop-In: Evergrande – What are... 22nd September 2021 · 8 mins read
Emerging Asia Economics Update External strains unlikely to ease as tourism slump drags on Countries across Emerging Asia are making renewed efforts to reopen their borders to boost flagging tourism sectors. However, ongoing travel restrictions and the spread of the more infectious Delta... 22nd September 2021 · 3 mins read
Emerging Markets Economics Chart Pack Debt risks come back to the fore Problems at Evergrande in China have dominated the headlines recently, but (sovereign) debt risks are brewing in other EMs too. Concerns about higher government spending and rising public debt levels... 21st September 2021 · 9 mins read
Emerging Asia Economics Weekly Encouraging signs in South East Asia Virus outbreaks across South East Asia are in retreat. Having taken a severe hit from the most recent Delta wave, economic recoveries in the region should now resume. Falling virus cases and reopening... 10th September 2021 · 4 mins read
Emerging Asia Data Response Manufacturing PMIs (Aug.) Falling output indices in Korea and Taiwan suggest that the virus disruption in South East Asia is reverberating across the region. The end of supply chain shortages continues to slip further out of... 1st September 2021 · 2 mins read
Emerging Asia Chart Pack Exports won’t come to the rescue in H2 Q2 GDP data released over the past month or so did not show a repeat of the across-the-board rises in exports seen in previous quarters, but the external sector still proved an important prop to GDP... 31st August 2021 · 13 mins read
Emerging Asia Economics Weekly South East Asia: hit from Delta will be slow to fade There are some signs that the Delta outbreak battering South East Asia is at least past its worst. But a rapid turnaround in the region’s economic fortunes looks unlikely. 27th August 2021 · 6 mins read