Emerging Markets Economics Update Export-focused EM manufacturers are outperforming August’s PMI data from the emerging world were something of a mixed bag. But one theme that stands out is that most export-oriented manufacturing economies are performing relatively well at the moment... 3rd September 2014 · 1 min read
Commodities Update A renewed surge in nickel prices likely in 2015 Nickel prices have risen sharply this year on supply concerns. However, for now, stocks still seemample. This is set to change in 2015, when the full impact of Indonesia’s ore export ban will be felt... 3rd September 2014 · 1 min read
Asia Economics Update Australia's economy set for a period of sub-trend growth Australia’s economy slowed sharply in Q2, as the surge in net exports at the start of the year gave way to a sharp fall. The more general picture is one of an economy struggling to adjust to a... 3rd September 2014 · 1 min read
Commodities Update Thai rice prices likely to come off the boil The rebound in the price of Thai rice over the last few months has been driven by the suspension ofgovernment sales and reinforced by the recent stock write-offs. However, Thailand’s rice stocks... 2nd September 2014 · 1 min read
Asia Economics Update Australian rates to stay low for longer than generally thought The Reserve Bank of Australia (RBA) kept its policy rate on hold at 2.5% at its meeting today, as widely expected. With recent data weak, most analysts have reined in their expectations for policy... 2nd September 2014 · 1 min read
Asia Economics Update Manufacturing recovery intact, but headwinds persist While the region's manufacturing sector recovery remains intact, the August PMIs for Emerging Asia are a reminder that a strong and sustainable pick-up is still some way away. 1st September 2014 · 1 min read
Asia Economics Weekly Asian growth could finally be set for a pick-up Emerging Asia's GDP data for the second quarter proved to be a mixed bag, with most economies in South East Asia picking up, but the Newly Industrialised Economies having some problems. We expect some... 1st September 2014 · 1 min read
Asia Economics Update Indian Q2 GDP likely to be as good as it gets for some time Today’s Q2 GDP data for India, which show that the economy grew at its fastest pace since Q1 2012, come as welcome news. But we suspect that this might be as good as it gets for some time. Both fiscal... 29th August 2014 · 1 min read
EM Valuations Monitor EM equity valuations still look favourable The strong performance of emerging market equities over the past month has driven the price/12m forward earnings ratio further above its five-year average. In fact, on this measure, equity valuations... 29th August 2014 · 1 min read
Emerging Markets Activity Monitor Pick-up in Asia masks downturn in Lat. Am. and Europe Our GDP Trackers suggest that although EM growth has been broadly stable over the past few months, a significant divergence in performance has opened up between regions. Growth in Asia seems to have... 29th August 2014 · 1 min read
Asia Economics Update Asian financial markets higher, but political risks weigh on Pakistan Most of Asia’s stock markets and currencies strengthened in August. The key exception is Pakistan, where political uncertainty has returned to the fore. 28th August 2014 · 1 min read
Asia Economics Update Growth in the Philippines to accelerate further GDP growth in the Philippines accelerated in the second quarter of the year, due to a strong contribution from net exports. Looking ahead, prospects for both exports and domestic demand look healthy... 28th August 2014 · 1 min read
Emerging Europe Economics Update Latin America inflation woes deepen Although inflation at the aggregate EM level remains fairly benign, there are big differences between the main EM regions. Inflation is fairly low in most of Emerging Asia, but is high and rising in... 27th August 2014 · 1 min read
Asia Chart Pack Export recovery continues to stutter The region's exporters are still struggling. Although exports from Emerging Asia as a whole expanded at their fastest pace all year in June, this was mostly due to a recovery in China's exports, which... 27th August 2014 · 1 min read
Asia Economics Weekly Mr Modi’s "first 100 days" prove underwhelming India’s Prime Minister Narendra Modi is approaching the end of his first hundred days in office on 3rd September with a worrying sense of drift rather than direction. Hopes that he would make a... 22nd August 2014 · 1 min read
Global Markets Update Foreign appetite for EM assets continues to grow Despite ongoing geopolitical tensions and the prospect of a shift in Fed policy, emerging market equities are on track to outperform developed market equities for the second quarter in a row. Their... 21st August 2014 · 1 min read
