Asia Rapid Response Indonesia Policy Rate (December 2024) Bank Indonesia today left interest rates on hold at 6.00%, and given worries about the exchange rate we don’t think it will be until the second half of next year at the earliest that it resumes its... 18th December 2024 · 2 mins read
India Chart Pack India Chart Pack (December 2024) After a stellar run, India’s economy has entered a softer patch that will continue for a few more quarters. We think that will portend an underperformance in local equities relative to other major... 17th December 2024 · 1 min 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 Asia Weekly: Close call for the Bank of Thailand The coming week sees scheduled central bank meetings in Pakistan, Thailand, Indonesia, Taiwan and the Philippines. We are expecting holds in Indonesia and Taiwan, but cuts in the rest. The closest... 13th December 2024 · 8 mins read
India Rapid Response India Consumer Prices (Nov. 2024) The fall in headline consumer price inflation to back within the RBI's target range in November, along with the change of leadership at the central bank into a seemingly less hawkish direction, mean... 12th December 2024 · 2 mins read
India Economic Outlook India Outlook: A tougher year ahead After a stellar run, India’s economy has entered a softer patch that will continue for a few more quarters. We think that will portend an underperformance in local equities relative to other major... 10th December 2024 · 16 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
India Rapid Response India GDP (Q3 2024) GDP figures show the economy slowed sharply last quarter, and we expect economic activity to struggle over the coming quarters. That bolsters the case for policy loosening, but the recent jump in... 29th November 2024 · 2 mins read
Asia Chart Pack Asia Chart Pack (November 2024) With GDP growth set to struggle and inflation to remain low, central banks are likely to continue to cut interest rates over the coming months. Overall, we expect most central banks to cut rates by... 29th November 2024 · 0 mins read
India Chart Pack India Chart Pack (November 2024) The latest activity data have brought further evidence that India’s economy is going through a soft patch. But given the strength of the recent inflation data, we now expect the RBI to keep rates on... 25th November 2024 · 1 min 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 Economics Weekly New FX forecasts, BoT independence under threat We have finalised changes to our financial market forecasts following Donald Trump’s election victory. We think Asian currencies will weaken by 3-10% against the US dollar between now and the end of... 15th November 2024 · 7 mins read
Asia Economics Weekly Winners and losers in Asia from a Trump presidency We have taken out the two 25bps cuts that we had pencilled in for Bank Indonesia’s last two meetings of the year. But for most places in Asia, a Trump presidency shouldn’t have a huge impact on... 8th November 2024 · 6 mins read
Asia Rapid Response Malaysia: Monetary Policy Meeting (November 2024) 6th November 2024 · 2 mins read
Asia Economics Weekly North Korea tensions rising, US election implications North Korea’s relations with South Korea and its allies have taken a marked turn for the worse over the past month, with experts warning that “the situation on the Korean Peninsula is more dangerous... 1st November 2024 · 10 mins read
Asia Rapid Response Taiwan GDP (Q3, first estimate) Taiwan’s economy rebounded in Q3, and we expect GDP growth to remain fairly strong over the coming quarters, helped by robust export demand. 31st October 2024 · 2 mins read
