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

Caixin Manufacturing PMI (May)

Yesterday’s official PMI reading had hinted at growth having remained broadly stable last month. But today’s downbeat unofficial PMI suggests conditions may not have held up as well as previously...

1st June 2017 1 min read

Asia Data Response

Manufacturing PMIs (May)

Most of Emerging Asia’s manufacturing PMIs slipped in May, but we doubt this marks the start of a significant downturn in Asian manufacturing.

1st June 2017 1 min read

Australia & New Zealand Data Response

Private Capex Survey (Q1) & Retail Sales (Apr.)

The private capital expenditure survey for the first quarter showed that mining investment is becoming a smaller drag on GDP growth, while the leap in retail sales in April overstates the health of...

1st June 2017 1 min read

India Economics Focus

What next for the Modi government?

During his three years in office, Prime Minister Modi has taken a more incremental approach to economic policymaking than many had hoped for. This is likely to set the tone for the coming years. Small...

1st June 2017 1 min read

India Economics Update

Can the export recovery continue?

The recovery in India’s exports over the past few months is due in large part (and somewhat surprisingly) to a rise in global oil prices as well as the strength of the rupee, which has boosted...

31st May 2017 1 min read

Japan Data Response

Small Business Confidence (May)

Small business confidence was little changed in May and points to continued gains in industrial output. But despite rising labour shortages, price pressures remain subdued.

31st May 2017 1 min read

China Data Response

Official PMIs (May)

The latest official PMI readings add to broader evidence that downward pressure on growth has eased lately. We expect this stability to prove short-lived.

31st May 2017 1 min read

Japan Data Response

Industrial Production (Apr.)

Even though firms are projecting a renewed fall in May and June, the jump in industrial production in April bodes well for GDP growth in the second quarter.

31st May 2017 1 min read

Japan Economics Weekly

Tailwind from net exports about to slow

Strong growth in Japan’s main export markets has provided a fillip to export volumes in recent quarters. However, foreign demand growth is likely to fade in coming months and the unusual recent...

26th May 2017 1 min read

Japan Data Response

Consumer Prices (Apr.)

The main inflation gauges all edged up in April and should climb further in coming months. But with the boost from higher energy prices set to fizzle out in the second half of the year, inflation will...

26th May 2017 1 min read

China Economics Update

Regulatory crackdown poses risks to growth, financial stability

The ongoing regulatory crackdown on banks’ off-balance-sheet activities has contributed to the mild slowdown in growth we’ve seen recently. But it is also bringing into focus the challenges that China...

25th May 2017 1 min read

Asia Data Response

Singapore GDP (Q1 Revised)

Today’s revised estimate of Singapore’s first quarter GDP showed that the economy fared better than previously estimated in Q1. Looking ahead, we expect healthy export demand will continue to support...

25th May 2017 1 min read

Asia Economics Update

Thailand to keep rates on prolonged hold

With the economy gaining momentum and price pressure benign, it was no surprise that the Bank of Thailand (BoT) left its policy rate on hold at 1.50% today. Looking ahead, we expect the BoT to keep...

24th May 2017 1 min read

China Activity Monitor

Growth remains at six-month low

Our China Activity Proxy (CAP) shows growth stayed in April at the slowest pace in half a year. Looking ahead, as officials continue their efforts to rein in credit risks, we think activity will slow...

24th May 2017 1 min read

Europe Data Response

German GDP Breakdown (Q1)

The second release of German GDP confirmed that the economy made a good start to 2017 despite a slowdown in consumer spending growth. We expect a pickup in export growth to cause the upturn to gain...

23rd May 2017 1 min read

India Chart Pack

Another obstacle cleared on road to GST

The consensus reached between India’s national and state governments on how different products will be dealt with under the Goods and Services Tax (GST) marks another important step towards its...

23rd May 2017 1 min read