India Economic Outlook End of tightening in sight The RBI has slowed the pace of rate hikes and is likely to call a halt to tightening in early 2023. As the economy weakens, rate cuts could come onto the agenda by late next year and materialise in... 8th December 2022 · 19 mins read
Commodities Update China re-opening optimism boosts commodity imports Rather surprisingly, commodity imports generally ticked up in November, despite the wider deterioration in China’s trade position. However, we think this reflects undue optimism about an imminent pick... 8th December 2022 · 2 mins read
Australia & New Zealand Rapid Response Australia International Trade (Oct. 22) 8th December 2022 · 2 mins read
Capital Daily What China’s re-opening could mean for global markets An accelerated re-opening of China’s economy wouldn’t necessarily be good for global bonds and equities if it stoked inflation in developed markets. But a more gradual re-opening could be more benign... 7th December 2022 · 6 mins read
India Economics Update RBI’s tightening cycle drawing to a close The RBI slowed the pace of monetary tightening with a 35bp hike to the repo rate (to 6.25%) and, with headline inflation set to ease further and growth entering a softer patch, we think the central... 7th December 2022 · 3 mins read
China Data Response China Trade (Nov.) Chinese exports contracted year-on-year in November by the most since the start of the pandemic and imports dropped at the fastest pace in 30 months. We expect outbound shipments to fall further over... 7th December 2022 · 4 mins read
Australia & New Zealand Economics Update RBA not backing away from rate hikes just yet The RBA today hiked the cash rate by 25bp as widely anticipated and while the statement was marginally less hawkish, we’re sticking to our view that the Bank will lift the cash rate to 3.85% by April. 6th December 2022 · 3 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Dec. 22) 6th December 2022 · 2 mins read
Japan Data Response Japan Labour Cash Earnings (Oct. 22) Labour cash earnings increased by a slower 1.8% y/y in October due mostly to a much smaller gain in volatile bonus payments. However, real wage losses have extended for a seventh consecutive month and... 6th December 2022 · 2 mins read
Capital Daily A few reasons for caution on the China rally While investors in Chinese equities have had some more reasons to cheer of late, we doubt that they will reverse much more than a small fraction of their earlier underperformance relative to US stocks... 5th December 2022 · 6 mins read
Australia & New Zealand Economics Update Long-term impact of energy price caps may be positive The proposed caps on domestic prices of thermal coal and natural gas are unlikely to be a major drag on mining investment because the bulk of coal and gas production is exported. And by helping to... 5th December 2022 · 4 mins read
