India Economics Update RBI holds rates, loosening cycle now at an end The Reserve Bank of India (RBI) kept its repo rate on hold at 6.75% today and, rather than just being on pause, we maintain our view that the loosening cycle is now at an end. 1st December 2015 · 1 min read
India Data Response Manufacturing PMI (Nov.) The fall in India’s manufacturing PMI reading in November highlights that, despite recent signs of a recovery in the hard activity data, local industry continues to face significant headwinds. 1st December 2015 · 1 min read
Asia Data Response Indonesia CPI (Nov.) Consumer price inflation in Indonesia dropped back sharply in November as the impact of last year’s hike in subsidised fuel prices dropped out of the annual comparison. Looking ahead, inflation looks... 1st December 2015 · 1 min read
Asia Data Response Manufacturing PMIs (Nov.) At best, Emerging Asia's PMIs for November suggest that the region’s manufacturing sectors are past the worst of this year’s downturn. But conditions generally remain weak, while the decline in... 1st December 2015 · 1 min read
Asia Economics Update No sense of panic as Fed hike approaches Asian financial markets have held up well over the past month despite a renewed slump in China’s equity market at the end of last week and growing expectations of a December Fed rate hike. 30th November 2015 · 1 min read
India Data Response GDP (Q3) GDP figures for Q3 suggest that India was the world's fastest-growing major economy last quarter. But the official data remain inconsistent with numerous other indicators which suggest the economy is... 30th November 2015 · 1 min read
Asia Economics Weekly Fears of Asia slowdown overdone For all the talk of a sharp slowdown in Asia, regional growth remains remarkably stable. That said, there are still no signs of recovery, with exports again acting as a drag on growth in the third... 27th November 2015 · 1 min read
India Economics Update New bankruptcy code would be a big step forward Plans to overhaul India’s archaic bankruptcy laws, due to be discussed in the upcoming winter session of parliament, would be a major step towards creating a more favourable business climate and... 27th November 2015 · 1 min read
Emerging Europe Economics Update Inflation now rising in more EMs than it is falling Although aggregate EM inflation edged down in October, the number of EM economies that recorded a rise in inflation last month exceeded those where it fell. We expect this trend to continue in 2016. 26th November 2015 · 1 min read
Asia Data Response Philippines GDP (Q3) Although the Philippines economy did not gain as much momentum as expected in the third quarter, it remains one of the region’s bright spots. What’s more, we think that improvements to the business... 26th November 2015 · 1 min read
Asia Chart Pack Rate debate heats up in Indonesia The war of words between Bank Indonesia (BI) and the government is heating up after the country’s vice president, Jusuf Kalla, earlier this week renewed its call for the central bank to cut interest... 25th November 2015 · 1 min read
RBI Watch Window for further loosening has closed The Reserve Bank of India has cut policy rates by 125bp so far this year, but there are a number of reasons to think that it will keep the repo rate on hold not just at next week’s policy meeting but... 25th November 2015 · 1 min read
Asia Data Response Singapore GDP (Q3 Revised) The sizeable upward revision to Singapore’s Q3 GDP growth will ease some of the worst concerns over its economy, but subdued prospects for global demand and rising local interest rates hang over the... 25th November 2015 · 1 min read
Emerging Markets Activity Monitor Brazil a weak link amid EM stabilisation Emerging market (EM) growth appears to have slowed a touch in September on the back of the deepening recession in Brazil. Even so, there are no signs of the collapse in broader EM growth that some... 24th November 2015 · 1 min read
Asia Economics Update Thailand’s tourism rebound has run its course The bombings in Bangkok in mid-August have not prevented the tourism sector from giving Thailand’s economy a big boost this year. But a repeat cannot be expected in 2016, which is one reason why GDP... 23rd November 2015 · 1 min read
Frontier Markets Wrap Frontier markets scramble as Fed hike approaches Central banks across the world’s frontier markets are preparing themselves as the US Federal Reserve finally moves toward its first rate hike in nine years. Central bankers in Angola, Ghana, Zambia... 20th November 2015 · 1 min read
