Asia Chart Pack Central banks remain in hawkish mode, for now Monetary policy makers across Emerging Asia remain in hawkish mode – every central bank in the region with the exceptions of China and Vietnam has now raised interest rates this year – and further... 15th September 2022 · 15 mins read
Emerging Europe Economics Weekly NS1 halted, Russian energy price cap, NBP ends hikes? The indefinite closure of the Nord Stream 1 gas pipeline by Russia presents clear downside risks to our GDP growth forecasts across Central and Eastern Europe. Meanwhile, the G7 agreement to cap... 9th September 2022 · 7 mins read
Asia Economics Weekly Korea: slowing growth bigger concern than inflation Inflation and activity data published over the past few days have surprised to the downside, supporting our view that Korea’s tightening cycle will finish by the end of the year. 2nd September 2022 · 6 mins read
Asia Economics Update Sri Lanka: difficult times lie ahead despite IMF deal Today’s announcement of a deal between the IMF and Sri Lanka brings some long overdue good news and provides a potential route out of the crisis. But the economy is not out of the woods yet. The money... 1st September 2022 · 4 mins read
Asia Economics Update Sri Lanka: difficult times lie ahead despite IMF deal Today’s announcement of a deal between the IMF and Sri Lanka brings some long overdue good news and provides a potential route out of the crisis. But the economy is not out of the woods yet. The money... 1st September 2022 · 4 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across Asia fell back again in August, with the readings for Taiwan and Korea especially weak. We are not expecting any improvement over the coming months, with weaker global demand... 1st September 2022 · 2 mins read
Asia Economics Weekly Treading water Taiwan’s export orders data this week suggested that China’s economic weakness is spilling over to the rest of the region. Meanwhile, Bank Indonesia has done something out of the ordinary: hiking... 26th August 2022 · 7 mins read
Asia Economics Update Korea: tightening cycle to finish by end-year The Bank of Korea today raised its main policy rate by 25bp (to 2.5%) and signaled further hikes in the months ahead. However, with the central bank becoming more concerned about economic growth and... 25th August 2022 · 3 mins read
Asia Economics Update Bank Indonesia’s first rate hike won’t be the last Bank Indonesia (BI) hiked interest rates by 25bp to 3.75% today, and the hawkish commentary from the press conference increases the risk that the Bank will tighten policy further this year. 23rd August 2022 · 3 mins read
Asia Economics Weekly Bank of Korea: tightening cycle to finish by year-end With inflation at a 24-year high, the Bank of Korea (BoK) looks certain to raise interest rates again at its meeting on Thursday. We have pencilled in another 25bp hike, which would take the policy... 19th August 2022 · 6 mins read
Asia Economics Update Philippines: tightening cycle still has some legs The central bank in the Philippines (BSP) today raised its policy rate by a further 50bps to 3.75%, and gave a strong indication that more rate hikes are likely over the coming months. That said, with... 18th August 2022 · 3 mins read
