Frontier Markets Wrap Frontier financial markets sell off, but losses limited Frontier financial markets came under pressure in the wake of Donald Trump’s US election victory, with currencies weakening against the dollar and bond yields rising. The losses have been relatively... 28th November 2016 · 1 min read
India Economics Focus Can services alone deliver rapid growth? India is often heralded for demonstrating a new path to middle income by focusing on the development of its services sector rather than on significant industrialisation. It is true that India’s... 28th November 2016 · 1 min read
Asia Economics Weekly Strong domestic demand helping to offset weak exports Regional GDP growth held steady at just under 4% last quarter, with buoyant domestic demand again helping to offset weak exports. With subdued global growth set to continue holding back exports, the... 25th November 2016 · 1 min read
Global Markets Update What next for EM currencies? Emerging market currencies have been one of the major casualties of the global sell-off since the November 8th US elections. Some, including the Turkish lira and South African rand, are likely to... 24th November 2016 · 1 min read
India Chart Pack Anti-corruption drive has further to run The government’s shock demonetisation announcement earlier this month was its boldest measure yet to tackle corruption and formalise large parts of the shadow economy, but it is unlikely to be the... 24th November 2016 · 1 min read
Asia Data Response Singapore GDP (Q3 Revised) Today’s revised estimate of Singapore’s Q3 GDP confirmed that the economy contracted last quarter. Looking ahead, the prospect of higher local interest rates and subdued global demand suggest a strong... 24th November 2016 · 1 min read
Emerging Markets Economics Update Trump and the fallout for EMs in five key points We’ve written lots over the past two weeks about Donald Trump’s victory and the implications for EMs. While much remains uncertain, in this Update we draw out five early takeaways. 23rd November 2016 · 1 min read
Asia Chart Pack Political developments take centre stage Political developments have taken centre stage over the past month. Aside from Donald Trump’s election victory, most attention in Asia has focused on Korea, where President Park Geun-hye is clinging... 23rd November 2016 · 1 min read
Asia Economics Update Malaysia’s policy rate to stay on hold throughout 2017 Today’s decision by Malaysia’s central bank (BNM) to keep interest rates on hold at 3.0% suggests that it is more worried about supporting the weak currency than boosting the sluggish economy. Looking... 23rd November 2016 · 1 min read
Emerging Markets Economics Chart Pack EM markets stabilise after post-Trump sell-off Financial markets across the emerging world have stabilised following an initial sell-off in the wake of Donald Trump’s victory in the US presidential election earlier this month. This partly reflects... 22nd November 2016 · 1 min read
India Economics Update Demonetisation sparks further bond market rally The government’s surprise demonetisation announcement has led to a sharp rise in bank deposits over the past couple of weeks. The rush of liquidity in the system has led to a fall in interbank rates... 21st November 2016 · 1 min read
Asia Data Response Thailand GDP (Q3) Thailand’s growth slowed in Q3 and looks set to soften further over the coming quarters, due to high levels of household debt, lacklustre global growth and continued political uncertainty. 21st November 2016 · 1 min read
Asia Economics Update China trade pact will not compensate for failure of TPP The demise of the TPP is a blow to economic prospects in Emerging Asia. The benefits of a China-led regional trade deal are likely to be much smaller. 18th November 2016 · 1 min read
Asia Economics Update Malaysian ringgit weakness to deter interest rate cuts The Malaysian central bank confirmed today that it has been intervening in foreign exchange markets to support the ringgit, which is now close to its lowest level since the Asian financial crisis... 18th November 2016 · 1 min read
Global Markets Update Will EM dollar-denominated bonds continue to underperform? Dollar-denominated government bonds have suffered disproportionately during the emerging market sell-off since Donald Trump won the US presidential election. We expect dollar-denominated bonds to... 18th November 2016 · 1 min read
Asia Economics Weekly Inflation to rise, but interest rates to remain low Inflation is set to continue rising across Emerging Asia as the effects of past falls in oil prices drop out of the annual comparison. However, we doubt the increase will be large enough to worry most... 18th November 2016 · 1 min read
