India Economics Update Pick-up in food inflation should prove fleeting Inflation is likely to have picked up in June. The knee-jerk response may be to link it to the monsoon, but the rise in headline inflation is due more to the collapse in food prices a year ago... 7th July 2015 · 1 min read
Asia Economics Update Ringgit weakness to remain a constraint on policy in Malaysia The Malaysian ringgit weakened past its 1998-2005 peg level of 3.80 against the dollar today for the first time since the peg was scrapped. Today’s decline may have been triggered by concern over the... 6th July 2015 · 1 min read
Asia Economics Weekly Is there an end in sight to the export slowdown? Emerging Asia’s exports have continued to disappoint over recent months. The downturn can be explained partly by falling commodity prices and currency effects. However, weak global demand has also... 3rd July 2015 · 1 min read
Asia Economics Focus Bubbles, basket cases and rising stars The economic outlook for Emerging Asia over the next few years varies considerably from one country to the next. Years of loose monetary policy in the region’s wealthy economies have led to the... 3rd July 2015 · 1 min read
EM Valuations Monitor Valuations suggest another currency slump is unlikely Emerging market (EM) currencies were remarkably calm in June despite growing turmoil in the euro-zone. Our synthetic EM exchange rate against the dollar depreciated by 0.5% last month. But the big... 2nd July 2015 · 1 min read
India Economics Update Market stability highlights improvement in external position Indian markets have been stable over the past few days, even in comparison to the muted reaction in global market to events in Greece. Looking ahead, even if the worsening situation there causes... 2nd July 2015 · 1 min read
Emerging Markets Economics Update Slump in BRICs manufacturing bottoming out June’s manufacturing PMIs suggest that the slump in manufacturing across the BRIC economies may be bottoming out. It’s a mixed picture across smaller EMs, with those in Central Europe doing well, but... 1st July 2015 · 1 min read
India Data Response Manufacturing PMI (Jun.) The drop in India’s manufacturing PMI reading in June highlights the fact that, despite recent signs of a recovery in activity, local industry continues to face significant headwinds. 1st July 2015 · 1 min read
Asia Data Response Manufacturing PMIs (Jun.) Most of Emerging Asia's PMIs for Emerging Asia fell back in June, suggesting the region's manufacturing sectors remain in the doldrums. In the two economies where the PMIs most closely track the hard... 1st July 2015 · 1 min read
Emerging Markets Activity Monitor EM growth still slowing, but non-BRICs are picking up EM growth continues to slow and, according to our GDP Tracker, is now at its weakest pace in almost sixyears. However, the slowdown has almost entirely been driven by further weakness in the BRICs... 30th June 2015 · 1 min read
Asia Economics Update Asian markets remain calm about "Grexit" threat Although most Asian equities markets and currencies weakened in June, reflectingrising expectations that the US Fed will soon start to raise interest rates and thegrowing risk of Greece exiting the... 30th June 2015 · 1 min read
Emerging Markets Economics Update A selection of our key calls This note summarises our key calls for emerging markets, emphasising where we differ from the consensus. Detailed projections (with specific numbers) are available in our regular publications on the... 30th June 2015 · 1 min read
India Economics Update Will the monsoon session of parliament be another washout? The monsoon session of parliament, due to begin in mid-July, has taken on extra significance given that the government's reform agenda has recently run into roadblocks. Top of the list of priorities... 30th June 2015 · 1 min read
Asia Chart Pack Risk of “Grexit” hangs over Asia’s export outlook The direct links between Emerging Asia and Greece are very limited. Exports to Greece account for only a tiny proportion of regional GDP, while banking sector ties are negligible. What matters more... 30th June 2015 · 1 min read
Emerging Markets Economics Update Grexit, the euro-crisis and the risks for EMs Beyond a handful of economies in Emerging Europe, the direct links between Greece and the rest of the emerging world are limited. What matters for most EMs is not so much the crisis in Greece itself... 29th June 2015 · 1 min read
Asia Economics Weekly Ringgit weakness to deter policy loosening in Malaysia The Malaysian ringgit has been Emerging Asia’s worst-performing major currency over the pastyear. While a weak ringgit should bolster Malaysia’s exports, it also poses a threat to financialstability... 26th June 2015 · 1 min read
