Japan Economics Weekly BOJ gets a glimpse of wage-price pressures The strongest increase in regular wages in 25 years is an early sign that the virtuous cycle between prices and wages that the Bank of Japan would like to see is starting to materialise. But with... 7th October 2022 · 5 mins read
Australia & New Zealand Economics Weekly RBA still likely to lift rates to 3.6% by mid-2023 The Reserve Bank of Australia hiked rates by less than most had anticipated this week, but with the economy still running red hot, we doubt that it will take its foot of the brake altogether before... 7th October 2022 · 4 mins read
China Data Response FX Reserves (Sep.) The decline in China’s foreign exchange reserves appears to be due to valuation effects rather than direct intervention in the FX market. But we still think the PBOC will try, and may well succeed, in... 7th October 2022 · 3 mins read
Japan Data Response Japan Labour Cash Earnings (Aug. 22) The 1.6% annual rise in regular earnings last month was the largest since 1997 and jars with the fact that the labour market still isn’t as tight as it was pre-pandemic. We suspect employees are... 7th October 2022 · 3 mins read
India Data Response PMI Surveys (Oct.) India’s PMI readings moderated in September but the more important point is that they still indicate healthy growth in both manufacturing and services. The RBI will remain comfortable tightening... 6th October 2022 · 2 mins read
Japan Economic Outlook Bank of Japan will remain the outlier In a difficult global environment, Japan's economy has benefitted in recent months from a reopening boom in consumption and the easing of supply shortages in industry. Those tailwinds will soon fade... 5th October 2022 · 24 mins read
Australia & New Zealand Rapid Response Reserve Bank of New Zealand Meeting (Oct. 22) 5th October 2022 · 2 mins read
Australia & New Zealand Rapid Response Reserve Bank of Australia Meeting (Oct. 22) 4th October 2022 · 2 mins read
Japan Data Response Bank of Japan Tankan (Q3 2022) Today’s Tankan survey suggests that while the services sector is benefitting from the subsiding virus wave, the outlook for the manufacturing sector continues to worsen. 3rd October 2022 · 3 mins read
Japan Data Response Labour Market, Retail Sales & Activity (Aug. 22) The unemployment rate dropped to a four-month low in August and a continued rise in the job-to-applicant ratio suggests that the labour market will continue to tighten. Meanwhile, both industrial... 30th September 2022 · 4 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Aug. 22) 30th September 2022 · 2 mins read
China Data Response PMIs (Sep.) The surveys suggest that China’s economy continued to lose momentum in September, with the global downturn weighing on exports and virus disruptions dealing a fresh blow to services activity. While... 30th September 2022 · 3 mins read
