Global Markets Update NZ bond yields’ divergence from other DMs may be over We think that long-term sovereign bond yields in New Zealand – which are currently among the highest in the developed world – will fall back to similar levels as those elsewhere over the next couple... 30th November 2023 · 4 mins read
India Rapid Response GDP (Q3) The RBI had stated that the GDP data for Q3 (Q2 of FY23/24) would “surprise everyone on the upside” and, even despite that spoiler, the data came in much stronger than expectations. While economic... 30th November 2023 · 2 mins read
Asia Economics Update Korea: rate cuts likely in mid-2024 The Bank of Korea (BoK) today left its policy rate unchanged (at 3.5%) for a seventh consecutive meeting, and hinted that interest rates would remain elevated as it continues to clamp down on... 30th November 2023 · 3 mins read
China Rapid Response PMIs (Nov.) Taken at face value, the PMIs suggest that the economy made some headway in November. However, they still point to a marked slowdown in recent months. That may not be the case in practice – the hard... 30th November 2023 · 4 mins read
Australia & New Zealand Rapid Response Australia Private New Capital Expenditure (Q3 2023) 30th November 2023 · 2 mins read
Japan Rapid Response Japan Retail Sales & Industrial Production (Oct. 23) 29th November 2023 · 2 mins read
RBA Watch Tightening cycle is now over We expect the Reserve Bank of Australia to keep interest rates unchanged at its upcoming meeting on 5 th December. And while the resilience of trimmed mean inflation could prompt another 25bp rate... 29th November 2023 · 8 mins read
China Economics Update China to buck the trend of rising equilibrium rates In much of the world, interest rates are likely to settle at higher levels than was the case prior to the pandemic. But China is a key exception, with its shrinking population, slowing productivity... 29th November 2023 · 5 mins read
Australia & New Zealand Rapid Response Reserve Bank of New Zealand Meeting (Nov. 23) 29th November 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (Oct. 23) 29th November 2023 · 2 mins read
China Chart Pack China Chart Pack (Nov. 2023) China’s economy is making headway again after stalling during the summer. A step up in policy support looks set to deliver a modest cyclical recovery but trend growth remains under pressure. 28th November 2023 · 1 min read
Asia Chart Pack Emerging Asia Chart Pack (Nov. 2023) Our Emerging Asia Chart Pack has been updated with the latest data and our analysis of recent developments. Lingering concerns about inflation mean Asian central banks will keep interest rates high in... 28th November 2023 · 0 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Oct. 23) 28th November 2023 · 2 mins read
Japan Economics Focus BoJ policy rate will reach 2% by 2030 The recent period of high inflation in Japan has kick-started a virtuous cycle between wages and prices. If inflation expectations remain elevated and structural forces push up the neutral rate of... 27th November 2023 · 15 mins read
