Asia Rapid Response Malaysia: Monetary Policy Meeting (September 2024) 5th September 2024 · 2 mins read
Asia Rapid Response Korea Policy Rate (August 2024) The decision by the Bank of Korea to leave interest rates unchanged (at 3.5%) today came as no surprise, but of more interest will be the tone of Governor Rhee’s press conference and the central bank... 22nd August 2024 · 1 min read
Asia Rapid Response BI hints at rate cuts in Q4 Bank Indonesia today left its policy rate unchanged at 6.25%, but the central bank’s dovish commentary supports our view that rates will be cut before the end of the year. We expect the central bank... 21st August 2024 · 2 mins read
Asia Rapid Response Thailand Monetary Policy Meeting (August 2024) Thailand’s central bank (BoT) today left interest rates unchanged but if, as we expect, growth slows further and inflation remains very low, we think the central bank will start loosening policy from... 21st August 2024 · 2 mins read
Asia Rapid Response Malaysia GDP (Q2, second estimate) The second estimate of Q2 GDP confirmed that Malaysia’s economy accelerated sharply but, with inflation set to jump, commodity prices likely to decline and the boost from tourism set to fade, we still... 16th August 2024 · 2 mins read
Asia Rapid Response Ousting of Thai PM could spell bad news for the economy Thailand's Constitutional Court today dismissed Prime Minister Srettha Thavisin, a move that could trigger further political instability and bodes poorly for the country’s economy. 14th August 2024 · 2 mins read
Asia Rapid Response Philippines GDP (Q2, 2024) The economy slowed sharply in Q2 and we expect below trend growth to persist over the rest of the year as tight monetary policy, slower growth in remittances and soft export demand weigh on activity... 8th August 2024 · 2 mins read
Asia Rapid Response Indonesia GDP (Q2, 2024) The national accounts data released today suggest that economic growth remained broadly stable last quarter, but we don’t have much faith in the official data. With economic activity set to weaken in... 5th August 2024 · 2 mins read
Asia Rapid Response Manufacturing PMIs, Korea Trade (July) The July PMIs from Emerging Asia nudged down slightly from the previous month but remained close to their two-year highs. However, the PMI data have been a poor guide to the hard activity data over... 1st August 2024 · 2 mins read
Asia Rapid Response Taiwan GDP (Q2, first estimate) Taiwan’s economy almost stalled in the second quarter, with growth coming in well below our expectations. While we think GDP growth will pick up in the second half of the year, we are cutting our full... 31st July 2024 · 2 mins read
Asia Rapid Response Further easing on the cards The State Bank of Pakistan (SBP) lowered its policy rate by 100bps today, and further easing is likely later in the year. Today’s cut marks the second consecutive meeting where the central bank has... 29th July 2024 · 2 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 Rapid Response Malaysia GDP (Q2 2024, adv estimate) GDP growth accelerated sharply the second quarter but, with a jump in inflation set to curtail consumer spending and the boost from tourism likely to fade, we still expect a sharp slowdown in the... 19th July 2024 · 2 mins read
