Asia Chart Pack Consumer resilience unlikely to last Most countries in the region have now reported GDP figures for the third quarter, and growth was generally faster than we (and the consensus) had expected. One factor behind this resilience was the... 29th November 2022 · 15 mins read
RBI Watch Pace of tightening likely to slow With inflation having passed the peak and domestic demand showing signs of softening, we expect the MPC to slow the pace of monetary tightening with a 25bp hike to the repo rate at the conclusion of... 29th November 2022 · 7 mins read
Asset Allocation Update Valuations may limit the outperformance of Indian equities We think the stretched valuations of Indian equities compared to those elsewhere will prevent the standout performance of Indian equities seen so far in 2022 being sustained over the longer run. China... 28th November 2022 · 4 mins read
Commodities Weekly Downside pressure on commodity prices mounting There have been a few developments this week that have exacerbated downside risks to our current commodity price forecasts. First, new COVID-19 cases continued to surge to record highs in China... 25th November 2022 · 7 mins read
Asia Economics Weekly Korean truckers on strike, Taiwan local elections The costs of a strike by Korean truck drivers – the second this year – are starting to mount, with steel and cement producers reporting disruption. A prolonged period of industrial action would be... 25th November 2022 · 7 mins read
Event China Drop-In: zero-COVID at the limits – domestic and global consequences 1669734000 As China's new infection numbers hit a record, its zero-COVID policy is coming under severe strain.
Event EM Drop-In: Past peak inflation – what now for EM policymakers? 1669906800 Inflation appears to have finally peaked for emerging markets – but how quickly will price pressures now ease, and what will that mean for the 2023 outlook?
Asia Economics Update Malaysia: new PM, same problems Malaysia’s new prime minister, Anwar Ibrahim, lacks a majority in parliament and his appointment is unlikely to bring to an end the political instability and uncertainty that has held Malaysia’s... 24th November 2022 · 3 mins read
Asia Economics Update Korea: one more rate hike left The Bank of Korea (BoK) today raised interest rates by a further 25bps (to 3.25%) and the accompanying hawkish statement suggests the tightening cycle still has a little further to run. We are... 24th November 2022 · 3 mins read
Asia Data Response Singapore GDP (Q3, revised estimate) Revised GDP data confirm that the economy rebounded strongly in the third quarter. However, we don’t expect this strength to last. A combination of weaker global growth, high inflation and tighter... 23rd November 2022 · 3 mins read
Asia Data Response Thailand GDP (Q3) Thailand’s economy accelerated in the third quarter on the back of a surge in service exports. Although the global downturn and higher interest rates will weigh on prospects, we expect growth to hold... 21st November 2022 · 3 mins read
Asia Economics Weekly Currency volatility, Sri Lanka budget, Malaysia GE15 The rebound in Asian currencies triggered by the weaker-than-expected US CPI data for October already appears to be running out of steam, and we expect more weakness over the coming months as a... 18th November 2022 · 9 mins read
