Asia Economics Update Bank Indonesia to keep rates on hold well into 2015 Bank Indonesia (BI) left interest rates on hold again today despite the ongoing weakness of the economy. A large current account deficit and an uncertain outlook for inflation mean rates are likely to... 13th November 2014 · 1 min read
Asia Economics Update Korean interest rates to remain on hold until mid-2015 The decision by the Bank of Korea (BoK) to leave interest rates on hold today at 2.0% comes despite the recent weakness of the Japanese yen against the won, which had led to some calls for more rate... 13th November 2014 · 1 min read
Emerging Markets Trade Monitor Fragile EM export recovery facing more headwinds EM export growth picked up in September, continuing the sluggish recovery seen since the start of this year. However, the improvement remains concentrated in a handful of EMs, with commodity producers... 12th November 2014 · 1 min read
India Data Response Consumer Prices (Oct.) & Industrial Production (Sep.) Today’s inflation and industrial output data were both encouraging, but policymakers will focus mainly on evidence of fading price pressures. Given this, an early start to the RBI’s policy loosening... 12th November 2014 · 1 min read
Asia Economics Focus The Asian consumer growth story is far from over Some of the world’s fastest growing consumer markets over the next couple of decades are likely to be in Emerging Asia. Prospect are best in China, India and the Philippines, where rapid income growth... 12th November 2014 · 1 min read
India Economics Update Falling commodity prices to keep inflation subdued The recent sharp falls in local food and global oil prices are likely to have kept both consumer and wholesale price inflation subdued in October. This would strengthen our view that the RBI is likely... 10th November 2014 · 1 min read
Asia Economics Weekly How big a threat is the weak yen to Korea? The latest increase in asset purchases by the Bank of Japan has caused another weakening of the yen, and created anxiety around the rest of Asia over rising competition from Japanese exports. Given... 7th November 2014 · 1 min read
India Economics Update Moment of truth for reform Two recent state election victories have strengthened the position of India’s ruling party, the BJP. More importantly, with the electoral calendar now looking less busy, there is a window of... 7th November 2014 · 1 min read
Emerging Markets Economics Update Emerging Market Consumer Snapshot (Q4 2014) Having slowed sharply in the first half of the year, consumer spending across the emerging world has continued to weaken in recent months. Among the regions, Emerging Asia is the only place where... 6th November 2014 · 1 min read
Asia Economics Update Malaysia’s policy rate to stay on hold until mid-2015 Against a backdrop of softer domestic growth and weakening exports, the Malaysian central bank (BNM) unsurprisingly kept its policy rate on hold at 3.25% today. As the accompanying statement took on a... 6th November 2014 · 1 min read
Asia Data Response Australia Employment (Oct.) A gain in employment in October, after two months of net job losses, will allay some of the worst fears about Australia's labour market, but it still looks far from healthy. 6th November 2014 · 1 min read
India Economics Focus How bright are India’s growth prospects? Over the medium term India’s economy could, with the right policies, sustain GDP growth of 10%.The BJP’s strong mandate following its election victory in May has raised hopes that wide-ranging... 5th November 2014 · 1 min read
Asia Economics Update Thailand's monetary policy to stay accommodative With the economic recovery still in the slow lane, the Bank of Thailand (BoT) unsurprisingly held its policy rate at 2.0% at its meeting today. As inflation is unlikely to emerge as a major policy... 5th November 2014 · 1 min read
Asia Data Response Indonesia GDP (Q3) Today’s GDP data for the third quarter showed that another fall in exports and a further slowdown in investment growth were the main factors behind Indonesia's economy expanding at its slowest pace in... 5th November 2014 · 1 min read
Emerging Markets Economics Update Export-oriented manufacturers faring well October’s PMI data suggest that EM manufacturing growth stabilised last month. Some of the smaller, export-driven EMs, particularly those in Central Europe as well as Mexico, areperforming well. But... 4th November 2014 · 1 min read
Asia Economics Update Australia's first rate hike further off than most expect The Reserve Bank of Australia (RBA) kept its policy rate on hold at 2.5% today and provided no surprises in its policy statement either. Once again it said that “the most prudent course is likely to... 4th November 2014 · 1 min read
