China Economics Focus Trump tariffs: round two would be more damaging Donald Trump’s previous tariffs did surprisingly little damage to China’s economy, but China may find it harder to shrug off the damage in a rematch. Mr Trump is threatening larger tariff increases if... 23rd February 2024 · 22 mins read
Japan Economics Weekly Is the plunge in imports the canary in the coalmine? Given that GDP has already contracted for two consecutive quarters, the plunge in imports in January and the fall in the manufacturing PMI to the lowest level since 2020 in February hardly instill... 23rd February 2024 · 8 mins read
Australia & New Zealand Economics Weekly Survey data point to resilience in economic activity Flash PMI data published yesterday showed that Australia's composite output index rose to a 10-month high in February. Taken together with other leading indicators, the data suggest upside risks to... 23rd February 2024 · 5 mins read
India Chart Pack India Chart Pack (Feb. 2024) Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India’s economy performed exceptionally well last year and the latest data suggest that it has made... 22nd February 2024 · 1 min read
Asia Economics Update Bank of Korea to cut rates in May The Bank of Korea left its policy rate on hold today (at 3.5%) and attempted to push back against expectations for an early rate cut. However, with inflation likely to be back to target soon and... 22nd February 2024 · 3 mins read
India Rapid Response India Flash Composite PMI (Feb. 2024) The flash composite PMI reading for February suggests that the economy continues to perform exceptionally well. Looking ahead, while growth in both the manufacturing and services sectors is likely to... 22nd February 2024 · 2 mins read
Japan Economics Update BoJ has succeeded in creating high-pressure economy The Bank of Japan has succeeded in creating tight labour market conditions through ultra-loose monetary policy and is now reaping the benefits in the form of stronger wage growth. The upshot is that... 22nd February 2024 · 3 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Feb. 2024) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to remain in “wait... 22nd February 2024 · 1 min read
Australia & New Zealand Rapid Response Australia Wage Price Index (Q4 2023) The pickup in wage growth in Q4 was driven by larger pay packets for public-sector employees. By contrast, private-sector wage growth actually fell back and should continue to do so in the coming... 21st February 2024 · 3 mins read
Japan Chart Pack Japan Chart Pack (Feb. 2024) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. GDP has fallen for two consecutive quarters but we don’t think the economy is in recession and... 20th February 2024 · 1 min read
China Rapid Response Policy Rates (Feb.) Today’s 25bp cut to the 5-year LPR is clearly aimed at supporting the housing market. On its own it will not revive new home sales. But coupled with efforts to provide increased credit support to... 20th February 2024 · 3 mins read
