Japan Economics Weekly Strength in business investment won’t be sustained We’re revising up our estimate of Q3 business investment as capital goods shipments surged and firms plan to spend the most on research and development in years. However, with a global manufacturing... 4th November 2022 · 5 mins read
Australia & New Zealand Economics Weekly Hawkish RBA will continue to tighten well into 2023 The RBA didn’t respond to the upside surprise in Q3 inflation with a renewed 50bp hike this week as some had anticipated. But by revising up its inflation forecasts and sounding increasingly concerned... 4th November 2022 · 4 mins read
India Economics Update RBI tightening will continue on schedule The RBI’s out-of-cycle meeting today concluded with no decision on interest rates. That’s no surprise – it was called for administrative reasons, rather than as a response to changing economic... 3rd November 2022 · 3 mins read
Asia Economics Update Bank Negara Malaysia closing in on the finish line Malaysia’s central bank (BNM) raised its main policy rate by 25bp (to 2.75%) today, but with inflation falling and growth set to slow, we think the tightening cycle is nearing an end. 3rd November 2022 · 3 mins read
Australia & New Zealand Rapid Response Australia International Trade (Sep. 2022) 3rd November 2022 · 2 mins read
Australia & New Zealand Rapid Response New Zealand Labour Market (Q3 2022) 1st November 2022 · 2 mins read
China Chart Pack Xi’s third term starts with COVID quarantines surging On some measures China’s current COVID situation is about as bad as it has ever been. While far fewer infections are being found daily than at the peak of the Omicron wave, new cases are... 1st November 2022 · 11 mins read
India Data Response Manufacturing PMI (Oct.) India’s manufacturing sector appears to have bucked the weaker regional trend, with an increase in its PMI last month. There was nothing in today’s release to dissuade the RBI from further tightening. 1st November 2022 · 2 mins read
Japan Economics Update Yield Curve Control not on its way out The Bank of Japan’s renewed difficulties in defending its 10-year yield target have prompted fresh speculation that it may abandon Yield Curve Control. However, neither concerns about the functioning... 1st November 2022 · 3 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across the region were downbeat in October owing to weak external demand and a deterioration in the employment outlook. We expect manufacturing to remain subdued, as weaker global... 1st November 2022 · 2 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Nov. 22) 1st November 2022 · 2 mins read
China Data Response Caixin Manufacturing PMI (Oct.) The Caixin manufacturing PMI rose in October but remained weak. Taken together with the official survey published yesterday, it points to a slowdown in industrial activity last month. We think the... 1st November 2022 · 2 mins read
China Data Response Hong Kong GDP (Q3 Preliminary) Hong Kong’s economy contracted last quarter due to a sharp decline in exports. While the ongoing easing of virus-related restrictions should continue to support a recovery in retail spending... 31st October 2022 · 2 mins read
