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.

China Data Response

GDP (Q2) & Activity & Spending (Jun.)

Both the official GDP figures and our own measure of economic activity suggest growth held up well last quarter, with more timely data showing few signs of a slowdown heading into Q3. That said, we...

17th July 2017 1 min read

Japan Economics Weekly

Pick-up in inward FDI has further to run

Japan is less welcoming to foreign direct investment than many other rich economies. But cuts to corporate tax rates, the prospect of additional free trade agreements and high profitability are making...

14th July 2017 1 min read

India Data Response

Wholesale Prices (Jun.)

The drop in headline Indian wholesale price inflation in June will increase the clamour for rate cuts. But stripping out the effect of volatile fuel and food prices, our measure of core WPI inflation...

14th July 2017 1 min read

Japan Economics Update

Monetary Indicators Monitor (Jun.)

Private sector debt is growing at the fastest pace on record as corporate debt issuance has surged. As a result, both household and corporate debt are now rising again relative to output.

14th July 2017 1 min read

Asia Data Response

Singapore GDP (Q2 Advanced)

Today’s advanced estimate of Singapore’s second quarter GDP suggests the economy strengthened in Q2. Further ahead, although strong global demand means growth should remain relatively strong, rising...

14th July 2017 1 min read

China Data Response

Trade (Jun.)

Chinese trade ended Q2 on a positive note but headwinds remain. In particular, while the slowdown in import growth appears to have eased recently, policy tightening means that the current resilience...

13th July 2017 1 min read

China Data Response

Bank Lending & Broad Credit (Jun.)

New lending rose by more than anticipated in June. But this masks a continued slowdown in underlying credit growth which will start to weigh on economic activity before long.

12th July 2017 1 min read

RBA Watch

Rate hikes a long way off despite improving labour market

The Reserve Bank of Australia (RBA) will almost certainly keep interest rates on hold at 1.50% when it meets on Tuesday 4 th July. And while the sustained improvement in the labour market in recent...

27th June 2017 1 min read

Japan Economics Weekly

Has the structural unemployment rate fallen?

Better education, an ageing workforce and easier job searching via the internet have reduced Japan’s structural jobless rate and kept a lid on wage growth in recent years. Even so, employers report...

23rd June 2017 1 min read

Asia Economics Update

Sri Lankan rates on hold, but further hikes can’t be ruled out

Sri Lanka’s central bank left interest rates on hold today, and the less hawkish tone of the statement suggests the central bank’s tightening cycle may be nearing an end. We are changing our forecast...

23rd June 2017 1 min read

Japan Data Response

Flash Manufacturing PMI (Jun.)

Even though the manufacturing PMI fell rather sharply in June, it still points to a robust expansion in industrial output. What’s more, today’s survey suggests that price pressures continue to...

23rd June 2017 1 min read

India Chart Pack

RBI wields new powers

The Reserve Bank of India (RBI) has started to put to use its new powers to clean up the banking sector. Earlier this month it instructed several commercial banks to begin insolvency proceedings...

22nd June 2017 1 min read

Australia & New Zealand Data Response

Australia ABS House Prices (Q1)

The first quarter of this year will probably go down in history as the point at which house price inflation peaked. Policymakers have engineered the slowdown that appears to be underway, but there’s...

20th June 2017 1 min read

India Economics Update

Oil imports to remain in check

India’s monthly trade deficit widened to its highest level in two and a half years in May, but we don’t think this is much of a concern. With imports of key commodities such as oil likely to stay in...

19th June 2017 1 min read

Japan Economics Weekly

Part-time earnings point to mounting wage pressure

Recent gains in the hourly wages of part-time workers are an early indication that the tight labour market is finally creating some upward pressure on wages. That would be a welcome development for...

16th June 2017 1 min read

Japan Economics Update

Bank of Japan unlikely to tighten any time soon

The Bank of Japan today turned more upbeat in its assessment of economic conditions, but Governor Kuroda remained cautious on the prospect of hitting the inflation target. With inflation set to...

16th June 2017 1 min read