India Data Response Consumer Prices (Oct.) & Industrial Production (Sep.) The increase in India’s consumer price inflation in October doesn’t put the RBI’s inflation target for January 2016 under threat, but it underlines that policymakers cannot be certain that they will... 12th November 2015 · 1 min read
Asia Economics Update Philippines to keep interest rates on hold for a while yet Despite low inflation and a recent run of weak activity data, today’s decision by the central bank of the Philippines (BSP) to keep its key policy rate on hold at 4.0% came as no big surprise. Looking... 12th November 2015 · 1 min read
Emerging Markets Trade Monitor Drag on EM exports from commodity collapse should ease soon EM exports remained weak in September as the drag from lower commodity prices continued to take its toll, even in countries which are not major commodity exporters. However, as this drag fades and... 12th November 2015 · 1 min read
Asia Economics Update Bank of Korea to hold rates through 2016 With the domestic economy showing signs of recovery, the Bank of Korea (BoK) left its policy rate unchanged at a record low of 1.50% today. We expect the BoK to keep rates on hold for the rest of 2015... 12th November 2015 · 1 min read
Commodities Update Malaysia Monthly Palm Oil Data (Oct.) Data released earlier today by Malaysia’s Palm Oil Board show that palm oil production rose in October, helping to push inventories higher. 11th November 2015 · 1 min read
India Economics Update Government’s FDI push still requires wider reform Measures announced yesterday to further ease restrictions on foreign direct investment into India should help to build on one of the main policy successes of the Modi government so far. However, wider... 11th November 2015 · 1 min read
Asia Economics Update Taiwan’s exports set for recovery Exports from Taiwan have been contracting since the start of the year, but should return to growth soon. An improving export picture could be enough to make the difference between rates staying on... 9th November 2015 · 1 min read
Asia Economics Update Where next for Myanmar after the election? The victory for Aung San Suu Kyi’s National League for Democracy (NLD) party in Sunday’s elections is a welcome step forward for Myanmar. However, the country continues to face major challenges. For... 9th November 2015 · 1 min read
India Economics Update BJP defeat in Bihar dampens reform prospects The heavy defeat for Prime Minister Modi and the BJP in the Bihar state assembly election suggests that political goodwill towards the winners of last year’s general election is beginning to run out... 9th November 2015 · 1 min read
Asia Economics Weekly Philippines well placed to grow strongly after the election With six months to go before presidential elections in the Philippines, and the incumbent, Benigno Aquino, barred from running again, attention has started to turn to who will replace him. Although... 6th November 2015 · 1 min read
India Economics Update Inflation set to accelerate again Inflation is likely to have risen in October, as the favourable base effects that helped to anchor food inflation in recent months continue to fade. With inflation expectations also edging up, there... 6th November 2015 · 1 min read
Asia Economics Update Economic boost from closer China-Taiwan relationship has been small Taiwan’s president, Ma Ying-jeou, will try to use his meeting with the Chinese president Xi Jinping in Singapore on Saturday to highlight the big improvement in cross-strait relations during his... 5th November 2015 · 3 mins read
Metals Data Response Indonesia Tin Exports (Oct.) Indonesia’s tin exports rose strongly in October, but we expect volumes to drop sharply from November as new export regulations take effect. Lower Indonesian production and exports next year should be... 5th November 2015 · 1 min read
Asia Economics Update Rates to remain on hold in Malaysia throughout 2016 Today’s decision by Malaysia’s central bank (BNM) to keep interest rates on hold at 3.25% indicates that it is more worried about currency weakness than the slowing economy. We expect rates will... 5th November 2015 · 1 min read
Asia Data Response Indonesia GDP (Q3) Indonesia recorded another quarter of relatively weak growth in Q3, with GDP expanding by just 4.7% y/y, well below the 5.8% average recorded over the past decade. With tight monetary policy and low... 5th November 2015 · 1 min read
India Economics Update Is monetary policy “just right”? Comments this week from RBI Governor Raghuram Rajan and Finance Minister Arun Jaitley hint at a welcome thawing in their frosty relationship. What’s more, they support our view that the rate-cutting... 4th November 2015 · 1 min read
