Australia & New Zealand Economics Weekly Job mobility eases, critical minerals policy disappoints The latest Labour Force Survey data show that labour mobility in Australia is coming off the boil. That should help contain wage pressures going forward, given that job switching typically results in... 23rd June 2023 · 6 mins read
Japan Economics Weekly Bank of Japan remains dovish despite strong inflation Underlying inflation hit a 42-year high in May and the Bank of Japan will need to push back the timing by when it expects inflation to fall back below its 2% target at its upcoming meeting in July... 23rd June 2023 · 7 mins read
Japan Rapid Response Japan Flash PMIs (Jun. 2023) The fall in manufacturing PMI readings in June’s flash estimates suggest the recession we’re expecting in the second half might have already begun this month. Meanwhile, the steady fall in... 23rd June 2023 · 2 mins read
Capital Daily Reading the monetary tea leaves for clues on bonds A disparate range of global central banks have delivered their latest policy rate verdicts over the past 24 hours. We think there are four key points for investors to note . 22nd June 2023 · 4 mins read
Japan Rapid Response Japan Consumer Prices (May 2023) Nationwide inflation played out largely in line with the timelier Tokyo CPI data in May. Headline inflation fell largely due to a sharp fall in energy inflation, but inflation excluding fresh food and... 22nd June 2023 · 2 mins read
Energy Update Aviation will account for the bulk of oil demand growth Despite jet fuel being a fairly small share of total oil consumption, we suspect it will drive a large chunk of the 1.4m bpd growth in crude oil demand we anticipate this year. We think jet fuel... 21st June 2023 · 4 mins read
Australia & New Zealand Economics Update RBA bond sales wouldn’t be a big headwind The Reserve Bank of Australia is considering actively selling its bond holdings rather than merely letting them shrink gradually via bond redemptions. The main motivation seems to be to reduce... 21st June 2023 · 3 mins read
India Chart Pack India Chart Pack (Jun 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 20th June 2023 · 1 min read
Australia & New Zealand Economic Outlook Aggressive tightening will weigh on activity With inflation remaining very sticky, we now expect the RBA to lift the cash rate to a peak of 4.85% by September, whereas we suspect that the RBNZ is done tightening. Extremely tight monetary policy... 20th June 2023 · 20 mins read
Japan Economics Update Female participation rate hasn’t peaked yet The female participation rate has surged over the past decade but more favourable attitudes among women towards paid employment suggest that it will keep rising for a while yet. Asia Drop-In (22 nd... 19th June 2023 · 3 mins read
China Economics Weekly Fiscal stimulus needed, baby bust continues The initial policy response to the economy’s recent loss of momentum has been to cut interest rates. But on its own, this is unlikely to trigger a jump in household or corporate borrowing and spending... 16th June 2023 · 5 mins read
Emerging Markets Economics Update Recent EM export resilience starting to fade EM goods exports held up relatively well at the start of the year but more recent data suggest that resilience is waning. With demand from advanced economies set to soften, the boost from auto exports... 16th June 2023 · 3 mins read
