Australia & New Zealand Economics Weekly Central banks won’t breathe easy just yet New Zealand's labour market was in worse shape last quarter than most had anticipated. What's more, with the economy clearly struggling, labour market slack is likely to rise further. However, with... 3rd May 2024 · 4 mins read
Asia Economics Update Korea: inflation to return to target by mid-year Korea is one of the few countries in the region where inflation is still above target. However, with economic growth set to slow and the government stepping up efforts to bring food prices down, we... 2nd May 2024 · 2 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (April) The PMIs from Emerging Asia remained weak in April. We think manufacturing activity across most of Asia will remain subdued in the near term but output in Taiwan and Korea is likely to hold up better... 2nd May 2024 · 2 mins read
China Economics Update Will China devalue the renminbi? Chinese policymakers won’t risk reliving the turmoil of 2015 by engineering a sudden devaluation of the renminbi. They may allow the currency to weaken gradually over the coming years to help industry... 1st May 2024 · 4 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (Apr.) The housing rebound that began early last year continued to lose momentum in April. With affordability likely to remain stretched for the foreseeable future, house price growth will only ease further... 1st May 2024 · 2 mins read
Australia & New Zealand Rapid Response New Zealand Labour Market (Q1 2024) 30th April 2024 · 2 mins read
Capital Daily What’s next for Chinese financial markets? While we expect Chinese bonds and equities to make more gains in the near term, we think the outlook further ahead is not as bright for the latter. 30th April 2024 · 4 mins read
Asia Chart Pack Emerging Asia Chart Pack (April 2024) Our Emerging Asia Chart Pack has been updated with the latest data and our analysis of recent developments. Lingering inflation concerns and renewed uncertainty in global financial markets has... 30th April 2024 · 0 mins read
China Chart Pack China Chart Pack (Apr. 24) China’s economy grew at a healthy pace in the first quarter of 2024. Our China Activity Proxy suggests this was on the back of strong external demand. While fiscal support should continue to keep the... 30th April 2024 · 0 mins read
China Economics Focus Overcapacity will keep inflation near zero Most analysts expect China’s inflation rate to rebound to around 2% by 2026. In contrast, we think that persistent imbalances between supply and demand will keep it close to zero for the foreseeable... 30th April 2024 · 14 mins read
China Rapid Response China Politburo Meeting (Apr. 24) China’s senior leadership has today signalled further fiscal and monetary support for the economy and renewed efforts to stabilise the housing market. That should help prolong the recent economic... 30th April 2024 · 3 mins read
Asia Rapid Response Taiwan GDP (Q1 2024, adv) Taiwan’s economy accelerated in y/y terms last quarter and we expect growth to remain strong over the coming year, helped by robust demand for AI-related products. 30th April 2024 · 2 mins read
RBA Watch RBA to hike in May, no rate cuts until 2025 We expect the Reserve Bank of Australia to hike rates by 25bp at its meeting next week, in contrast to the consensus view that the Bank will remain on hold. Given the RBA’s ostensible resolve to... 30th April 2024 · 8 mins read
China Rapid Response China PMIs (Apr. 2024) While the Caixin services PMI edged down last month, it dropped by less than its official counterpart, and the survey data for April is still consistent with some improvement in momentum since the... 30th April 2024 · 3 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Mar. 2024) The weakness in retail sales last month suggests that sales volumes fell across Q1 as a whole. However, with households’ real incomes staging a recovery, consumer spending should pick up over the... 30th April 2024 · 3 mins read
