Asia Economics Weekly Inflation in Emerging Asia to remain subdued Inflation in Emerging Asia has fallen back over the past few months and remains low by historical standards. Looking ahead, inflation looks set to remain fairly benign. Currency weakness over the past... 17th March 2014 · 1 min read
Asia Economics Update Korean rates set for prolonged hold The Bank of Korea (BoK) left interest rates on hold today for the tenth consecutive month in what was Kim Choongsoo’s final meeting as central bank governor. The handover to Lee Ju-yeol, a former... 13th March 2014 · 1 min read
Asia Economics Update India on cusp of export rebound With India’s domestic demand held back by tight monetary policy, export demand is likely to play a pivotal role in any economic recovery this year. Recent export data have been disappointing. But a... 12th March 2014 · 1 min read
Asia Economics Update Encouraging Indian data unlikely to sway hawkish central bank Today’s industrial production and inflation data show India’s beleaguered economy moving in the right direction, but we doubt the latest drop in inflation will be enough to prompt the Reserve Bank to... 12th March 2014 · 1 min read
Asia Economics Update Thailand lowers policy rate, but further cuts unlikely Amid rising downside risks to growth, the Bank of Thailand (BoT) opted to cut its policy rate by 25bps today. With no clear sign that the political impasse will be resolved soon, we expect interest... 12th March 2014 · 1 min read
Emerging Markets Trade Monitor Manufacturers outperforming Export growth was more or less flat at an EM-wide level in January, but there’s a growing divergence at a country level, with highly-open manufacturing economies in Central Europe and East Asia... 10th March 2014 · 1 min read
Asia Economics Weekly Rate hikes coming in New Zealand With New Zealand’s economic recovery gaining momentum, inflation rising and house prices booming, the country’s central bank looks set to hike interest rates on Wednesday for the first time in nearly... 10th March 2014 · 1 min read
Asia Economics Update Malaysia’s rate hike around the corner Malaysia’s central bank (BNM) kept its policy rate unchanged at 3.0% today as expected, but with the economy gradually gaining a firmer footing, a 25bp rate hike is unlikely to be far away. 6th March 2014 · 1 min read
Asia Economics Update Australia’s economy set to slow in 2014 GDP growth in Australia accelerated in the final quarter of last year. Looking ahead, we expect the economy to lose momentum over the coming quarters, as the boom in mining investment continues to... 5th March 2014 · 1 min read
Asia Economics Update Australian rates to stay on hold for now The Reserve Bank of Australia (RBA) held its cash rate at 2.5% today, as expected. For now, policy loosening looks to be off the agenda, but we suspect that a rate cut will be needed later in the year... 4th March 2014 · 1 min read
Asia Economics Update PMIs point to gradual and uneven recovery The February PMIs for Emerging Asia point to a slight deterioration in the region's manufacturing conditions. The pullback in the new orders component suggests Asia's manufacturing recovery is likely... 3rd March 2014 · 1 min read
Asia Economics Weekly Export recovery to support growth in Asia GDP data for the fourth quarter of 2013 showed that regional growth was unchanged from Q3. Improving prospects for exports bode well for the outlook, but domestic demand needs to cool in some... 3rd March 2014 · 1 min read
Asia Economics Update India’s road to recovery to remain bumpy Economic growth in India dipped in the final quarter of 2013, having picked up in Q3. Looking ahead,we continue to expect the economic recovery to remain slow and uneven. 28th February 2014 · 1 min read
Emerging Markets Activity Monitor Asia slows as Emerging Europe recovers EM GDP growth has remained stable at around 4.5% y/y in recent months, but this has masked a shift in the fortunes for individual regions. Emerging Europe appears to be experiencing a relatively... 28th February 2014 · 1 min read
Asia Economics Update Asian currencies rebound, rupiah leads the way Following sharp falls in January, Asian currencies and equity markets have rebounded over the past month. Meanwhile, government bond yields have been broadly flat. 27th February 2014 · 1 min read
Emerging Europe Economics Update EM inflation remains subdued despite currency weakness In aggreate terms, there is little sign that currency weakness is leading to higher emerging market (EM) inflation. With few signs of a build-up in domestic price pressures either, we expect EM... 27th February 2014 · 1 min read
