Asia Economics Update Asia Manufacturing PMIs, Korea Trade (November) The November PMIs for Asia remained weak and are consistent with our expectation for manufacturing activity in the region to remain subdued in the near term. The data also showed a modest pick-up in... 2nd December 2024 · 2 mins read
Emerging Markets Economics Update What do Trump’s immigration plans mean for EMs? US President-elect Donald Trump’s plans to curb immigration and undertake a mass deportation of undocumented migrants could boost labour supply in countries that are the source of migrants. But there... 18th November 2024 · 6 mins read
Asia Rapid Response Philippines Monetary Policy Announcement (October 2024) The central bank in the Philippines cut rates by 25bps and signalled that the recent economic data support its shift towards a looser monetary policy stance. Further gradual loosening lies in store in... 16th October 2024 · 2 mins read
Asia Economics Weekly Korea cuts, Bank Indonesia on a knife edge The Bank of Korea cut interest rates today and we are expecting the central banks of Thailand and the Philippines to follow suit at their scheduled meetings on Wednesday. The Monetary Authority of... 11th October 2024 · 8 mins read
Event Asia Drop-In: How far will policy easing go to support Asia’s economies? 1729067400 It’s a busy week for Asia’s central banks, with three key decisions expected on Wednesday following on from the latest Reserve Bank of India and Bank of Korea meetings.
Asia Economics Update Asia: key client questions answered We recently held a series of Asia-focussed roundtable discussions with clients in London, covering an array of topics including the impact of Fed easing, the US election, global fracturing and China’s... 1st October 2024 · 6 mins read
Asia Economic Outlook Policy easing to gather pace We are expecting another year of below-trend economic growth in 2025 across Asia, as subdued exports, worsening labour markets and tighter fiscal policy weigh on demand. Inflation is back to target... 23rd September 2024 · 28 mins read
FX Markets Update We think Asian currencies’ rallies will slow, not stop We expect most Asian currencies to make further gains against the US dollar over time, even if their biggest rallies may now be behind them. 27th August 2024 · 5 mins read
Asia Rapid Response Philippines GDP (Q2, 2024) The economy slowed sharply in Q2 and we expect below trend growth to persist over the rest of the year as tight monetary policy, slower growth in remittances and soft export demand weigh on activity... 8th August 2024 · 2 mins read
Asia Rapid Response Manufacturing PMIs, Korea Trade (July) The July PMIs from Emerging Asia nudged down slightly from the previous month but remained close to their two-year highs. However, the PMI data have been a poor guide to the hard activity data over... 1st August 2024 · 2 mins read
Asia Economics Update Demographics are not destiny in the Philippines Newly-published data show that the Philippines has entered a demographic sweet spot that could provide a big boost to economic growth. But this will only happen if enough new jobs can be created for... 16th July 2024 · 4 mins read
Asia Economics Update La Niña poses downside risks to inflation in SE Asia A La Niña could bring with it favourable growing conditions for crops in South East Asia, and help to put downward pressure on food prices across the region. It adds to the reasons to think the... 8th July 2024 · 3 mins read
Asia Economics Weekly Weak Korean activity data, dovish BSP, hawkish BoT The latest monthly activity data for Korea suggest that the economy weakened again last month and that GDP will have contracted in the second quarter of the year. In addition, while the central bank... 28th June 2024 · 7 mins read
