Asia Economics Update Rates in Indonesia to remain on hold for a while yet Today’s decision by Bank Indonesia (BI) to leave interest rates on hold despite the slowing economy reflects continued unease over the size of the current account deficit. With the deficit likely to... 7th October 2014 · 1 min read
Asia Economics Update Interest rates in Australia to remain low The Reserve Bank of Australia (RBA) kept its main policy rate on hold at 2.50% today, and again signalled that it is not planning any change in monetary policy in the near-term. Although most analysts... 7th October 2014 · 1 min read
Emerging Markets Economics Update BRIC economies the main drag on EM manufacturing September’s manufacturing PMI data suggest that the sector has lost some steam across the emerging world. The recent weakness has been largely concentrated in the BRIC economies, although there were... 3rd October 2014 · 1 min read
Asia Economics Weekly What next for monetary policy in Singapore? The Monetary Authority of Singapore (MAS) is expected to keep its exchange rate policy on hold at its upcoming bi-annual policy meeting. In any case, the most important changes to monetary conditions... 3rd October 2014 · 1 min read
Emerging Markets Economic Outlook Investors face up to “new norm” for EM growth Investors have started to face up to the prospect that previous hopes of a significant rebound in EM growth are likely to be disappointed. But while the new normal for EM growth is going to be much... 1st October 2014 · 1 min read
Asia Economics Update Manufacturing recovery losing momentum The September PMIs for Emerging Asia were generally disappointing. With new orders also lacklustre, the manufacturing recovery is likely to remain uneven and slow-going. 1st October 2014 · 1 min read
Global Markets Update Is foreigners’ appetite waning? August was the fifth month in a row in which there were net inflows into global ETF and mutual funds that invest in emerging market assets. Admittedly, there was a small net outflow from funds that... 1st October 2014 · 1 min read
Asia Economics Update RBI holds rates, but cuts could soon come onto the agenda The Reserve Bank of India (RBI) left its policy rates on hold today but, given the weakness of recent activity data and the fact that inflation has fallen below the central bank’s near-term target, we... 30th September 2014 · 1 min read
Asia Economics Update Aussie and Kiwi dollars lead Asia’s currency sell-off Asia’s financial markets performed poorly in September, largely reflecting concerns about the outlook for US monetary policy. The New Zealand and Australian dollars were the worst performers, but... 30th September 2014 · 1 min read
Emerging Markets Activity Monitor GDP Trackers suggest EM growth slowing once again Our GDP Tracker suggests that EM growth has slowed once again in recent months. The latest slowdown has been concentrated in Latin America and Emerging Europe, but there are some signs that growth has... 30th September 2014 · 1 min read
Asia Economics Weekly Which countries stand to gain most from lower oil prices? Lower oil prices should provide a boost to the economies of Emerging Asia. However, some countries are likely to benefit more than others. Indonesia and Thailand stand to gain the most, while Malaysia... 26th September 2014 · 1 min read
Emerging Markets Financial Risk Monitor Risks linger in parts of the EM world As the Fed moves towards a first interest rate hike, the Capital Economics Risk Indicator (CERI) shows that financial risks are at a decade low. As such, a systemic emerging market (EM) crisis seems... 26th September 2014 · 1 min read
Asia Economics Update Financial sector woes will continue to weigh on Vietnam Today’s GDP data show that Vietnam’s economy is showing gradual signs of a recovery from the financial crisis that erupted more than three years ago. Looking ahead, the government is making some... 26th September 2014 · 1 min read
Emerging Markets Economics Update Prospects for EM currencies differ despite broad sell-off The sell-off in emerging market currencies so far this month has been broad-based, but we expect investors to become more selective soon. We think a number of currencies will probably rebound, while... 25th September 2014 · 1 min read
Asia Economics Update Malaysia's fiscal consolidation to continue, drag manageable Malaysia’s government finances have traditionally stood out as a potential threat to its economic stability, but there have been notable improvements in recent years. The 2015 budget is expected to... 24th September 2014 · 1 min read
Asia Chart Pack What is behind the recent currency weakness? Sizeable falls in a number of Asian currencies against the US dollar over the past month have rekindled unwelcome memories of last summer’s “Taper Tantrum”. As was the case during last year’s sell-off... 23rd September 2014 · 1 min read
