Julie Nicol

Julie Nicol is the Office Administrator in Singapore, working closely with the London office as well as providing support to the local sales team.

Japan Data Response

Consumer Confidence (Sep.)

Households remained upbeat ahead of the upcoming Lower House elections which is one reason why we expect the ruling coalition to defend its majority.

3rd October 2017 1 min read

India Data Response

Manufacturing PMI (Sep.)

India’s manufacturing PMI reading held steady in September, providing further evidence that the disruption caused by the introduction of the Goods and Services Tax (GST) at the start of Q3 was short...

3rd October 2017 1 min read

Asia Data Response

Manufacturing PMIs (Sep.)

Emerging Asia’s PMIs for September suggest the region’s manufacturing sectors ended Q3 on a solid note. Focussing on the two economies where the PMIs most closely track the hard data, Taiwan’s...

2nd October 2017 1 min read

Japan Data Response

Tankan (Q3)

Today’s Tankan survey suggests that growth remained robust in the third quarter. Capacity and staff shortages are the most pronounced since the early 1990s and the survey suggests that price pressures...

2nd October 2017 1 min read

Japan Economics Weekly

Abe recommits to sales tax hike

Prime Minister Abe has pitched the snap legislative election that he has called for next month as a plebiscite on fiscal policy. He is arguing that the sales tax hike scheduled for October 2019 should...

29th September 2017 1 min read

Asia Data Response

Vietnam GDP (Q3)

Vietnam’s economy recorded another quarter of strong growth in the third quarter of the year, helped mainly by a pick-up in the manufacturing sector and solid export growth. Although we expect growth...

29th September 2017 1 min read

Japan Data Response

Activity, Labour Market & Inflation (Aug.)

Today’s activity data point to a slowdown in GDP growth in Q3. Meanwhile, price pressures are strengthening again as the labour market remains tight. But we expect inflation to settle around 0.5% in...

29th September 2017 1 min read

Australia & New Zealand Chart Pack

Turning point?

The encouraging signs about the health of the Australian economy have continued over the past month, with employment growth gathering pace and the outlook for business investment improving. (See Chart...

28th September 2017 1 min read

Japan Data Response

Small Business Confidence (Sep.)

Small business confidence was little changed in September and points to modest gains in industrial production. Meanwhile, the survey confirms that capacity shortages have intensified but suggests that...

27th September 2017 1 min read

RBI Watch

No scope for further loosening

We are in agreement with financial market and analyst expectations of a rate hold in the Reserve Bank of India’s (RBI’s) upcoming policy meeting on 4th October. Further ahead, some are still expecting...

27th September 2017 1 min read

China Activity Monitor

Growth still holding up well

Our China Activity Proxy (CAP) suggests that growth in China remained strong last month, driven by healthy domestic demand. But as officials continue their efforts to rein in financial risks and with...

26th September 2017 1 min read

Japan Data Response

Flash Manufacturing PMI (Sep.)

The pick-up in the manufacturing PMI in September suggests that industrial activity continued to rise at a strong pace in the third quarter. However, the survey suggests that price pressures remain...

25th September 2017 1 min read

Japan Economics Weekly

When will R&D spending start to recover?

Spending on research and development has been sluggish recently, but the recent rebound in corporate profits suggests it will start to recover before long. This would provide a boost to domestic...

22nd September 2017 1 min read

Japan Economics Update

BoJ’s growth optimism won’t translate into tighter policy

The Bank of Japan left its upbeat assessment of economic conditions intact at today’s meeting. But inflation remains a long way below its projections, so further reductions in the Board’s forecasts...

21st September 2017 1 min read

India Chart Pack

Core price pressures are building

Some have argued that the recent jump in inflation is all about a surge in volatile food prices, with the implication that it shouldn’t have a significant bearing on monetary policy. But this ignores...

21st September 2017 1 min read

India Economics Update

Bond yields continue to rise

Indian bond yields have continued to rise so far in September. Looking ahead, with the RBI ramping up its open market sales and no scope for further policy loosening, we think that bond yields will...

20th September 2017 1 min read