EM Markets Chart Pack What next for Russia's financial markets? We do not think the recent outperformance of Russia’s financial markets and currency will last. Indeed, the ruble has already dropped back slightly over the past week or so. There are three key... 11th June 2014 · 1 min read
Asia Economics Update Malaysia's financial stability risks can be kept in check The rapid rise in household debt levels coupled with strong house price growth is a key medium-term threat to Malaysia. With the economy now in good shape, the central bank (BNM) has scope to act pre... 11th June 2014 · 1 min read
Asia Economics Update Three scenarios for how Asia’s credit binge will end We have been arguing for some time that Emerging Asia’s credit binge is unsustainable. While we don’t think an Asia-wide financial crisis is likely, the countries that have seen the biggest build-up... 10th June 2014 · 1 min read
Emerging Markets Trade Monitor EM exports strengthen a touch, manufacturers outperform Emerging Market (EM) export growth picked up a little in April and the rebound in Chinese exports last month suggests that it has since strengthened further. In aggregate, EM export growth is still... 9th June 2014 · 1 min read
Asia Economics Weekly Can manufacturing revive growth in India and Indonesia? A strong manufacturing sector would go some way to reviving the economic fortunes of India and Indonesia. The challenges are formidable. But, with a new prime minister in India, and Indonesia set to... 9th June 2014 · 1 min read
Asia Economics Update Can the junta save the Thai economy? Since assuming power, the army has made spurring the flagging Thai economy one of its top priorities. Public spending should receive a boost, but private sector expenditure is likely to remain subdued... 5th June 2014 · 1 min read
Asia Economics Update Australia’s economy to slow after strong Q1 performance Australia’s economy posted strong growth in Q1, on the back of a surge in net exports. However, it is still far too early to say that the mining slowdown has been successfully navigated. Indeed, the... 4th June 2014 · 1 min read
Emerging Markets Economics Update EM manufacturing strengthens a touch on China rebound May’s PMI data suggest that EM manufacturing strengthened a little last month, having softened for most of the past half a year. There was a welcome improvement in the PMIs of the BRICs, particularly... 3rd June 2014 · 1 min read
Asia Economics Update Rate cuts unlikely any time soon in India The central bank left interest rates unchanged today, as expected. Looking ahead, rate cuts are unlikely any time soon despite subpar economic growth as consumer price inflation remains high. 3rd June 2014 · 1 min read
Asia Economics Update Australia set for an extended period of low rates The Reserve Bank of Australia (RBA) left its policy rate unchanged at 2.5% today, and once again said that it does not expect to make any changes in the near term. Given that the economy is likely to... 3rd June 2014 · 1 min read
Emerging Markets Economics Focus From turbulence to tranquillity: are EM markets now too complacent? After a choppy 2013, financial markets have turned optimistic over the outlook for EMs in recent months. In many ways this makes sense. We were always of the view that last year’s concerns that Fed... 2nd June 2014 · 1 min read
Asia Economics Update May PMIs point to slow-going recovery The May PMIs for Emerging Asia were a mixed bag. However, solid new orders suggest Asia's manufacturing sectors should at least continue grinding out steady growth. 2nd June 2014 · 1 min read
Asia Economics Weekly South East Asia losing its shine The slowdown in GDP growth in South East Asia in recent quarters represents something of a fall from grace for the region, which until recently was a rare bright spot in the global economy. With the... 2nd June 2014 · 1 min read
Asia Economics Update Emerging Asia Markets Monitor (May) The election of Narendra Modi in India has provided a boost to the rupee and the Indian stock market. In contrast, the military coup in Thailand and anti-China protests in Vietnam have weighed on... 30th May 2014 · 1 min read
Asia Economics Update India's economy devoid of momentum as Modi takes charge Today’s GDP data confirm that India’s economic growth was very subdued at the start of the year. There will be a temptation to see this as essentially old news given how much the landscape has changed... 30th May 2014 · 1 min read
Asia Chart Pack Political risk back on the agenda Political developments have once again taken centre stage over the past month. Most attention has focused on Thailand, where the army has staged a military coup. This may help to reduce uncertainty in... 29th May 2014 · 1 min read
