Asia Economics Update Vietnam: Latest data point to further interest rate cuts Vietnam’s export-driven economy improved slightly in Q2 but growth was still weak by historical standards. With the external environment likely to remain unfavourable in the second half of the year... 29th June 2023 · 3 mins read
Global Economic Outlook Resilience giving way to recession Most advanced economies have so far dodged the recessions that we, and many others, had expected to start in the first half of this year. The relative resilience of activity can be pinned on several... 27th June 2023 · 46 mins read
Asia Economics Update Pakistan hikes rates as IMF deal nears Pakistan’s central bank (SBP) today raised its policy rate by a further 100bps (to 22%) at a unscheduled monetary policy meeting. We think interest rates will need to remain elevated over the coming... 26th June 2023 · 3 mins read
Asia Economics Weekly BNM to stay on the sidelines, BSP hints at rate cuts Inflation in Malaysia fell again last month, which supports our view that the central bank’s tightening cycle is now over. But with growth likely to hold up better than elsewhere in the region, and... 23rd June 2023 · 7 mins read
Capital Daily Reading the monetary tea leaves for clues on bonds A disparate range of global central banks have delivered their latest policy rate verdicts over the past 24 hours. We think there are four key points for investors to note . 22nd June 2023 · 4 mins read
Asia Economic Outlook Slower growth, falling inflation and interest rate cuts GDP growth has slowed sharply across most of Emerging Asia since the middle of last year and looks set to remain weak over the coming quarters, as tight monetary policy at home and subdued activity... 22nd June 2023 · 34 mins read
India Chart Pack India Chart Pack (Jun 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 20th June 2023 · 1 min read
Emerging Markets Economics Update Recent EM export resilience starting to fade EM goods exports held up relatively well at the start of the year but more recent data suggest that resilience is waning. With demand from advanced economies set to soften, the boost from auto exports... 16th June 2023 · 3 mins read
Asia Economics Weekly Good news for the BoK, worst now over for Sri Lanka The minutes of the Bank of Korea’s May monetary policy meeting, published this week, confirm that the central bank is becoming increasingly concerned about the growth outlook. And with inflationary... 16th June 2023 · 7 mins read
Asia Economics Update Taiwan: stage set for rate cut in September Taiwan’s central bank (CBC) today kept its main policy rate unchanged (at 1.875%), but with the economy struggling and inflation set to fall further, we expect it to start cutting rates in September. 15th June 2023 · 3 mins read
Emerging Markets Economics Update Strong Q1 GDP, but growth slowdown in store EMs experienced a strong first quarter as GDP growth picked up almost across the board, but growth is likely to have slowed in most major economies in Q2 and we think it will remain soft in Q3. We don... 15th June 2023 · 3 mins read
Global Markets Update Rate cuts may not be a big boost for EM local-currency bonds We think an upcoming shift in emerging market monetary policy towards rate cuts will provide long-dated local-currency government bonds there with a bit of a tailwind. But gains may be limited in the... 13th June 2023 · 4 mins read
