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
Asia Economics Weekly Thai budget boost, Singapore’s cooling jobs market Most countries in Asia are planning to tighten fiscal policy as they aim to put government finances on a more secure footing following the pandemic. One exception to this is Thailand, which this week... 21st June 2024 · 6 mins read
Asia Economic Outlook Policy easing to begin soon We expect economic growth in most countries in Asia to slow in the second half of 2024, as tighter fiscal policy, high interest rates and weaker global growth all weigh on demand. Inflation is back to... 20th June 2024 · 28 mins read
Asia Chart Pack Emerging Asia Chart Pack (May 2024) Headline inflation across most of Emerging Asia is now either below or only slightly above central bank targets. Nevertheless, policymakers have struck a slightly more hawkish tone recently due to... 30th May 2024 · 1 min read
Asia Economics Weekly BSP to sound dovish, inflation eases in Taiwan The central bank in the Philippines is likely to leave interest rates unchanged at its scheduled meeting on Thursday. However, the sharp slowdown in economic growth in the first quarter means the BSP... 10th May 2024 · 6 mins read
Asia Rapid Response Philippines GDP (Q1) GDP growth in the Philippines slowed in Q1 and we expect further weakness over the rest of the year as tight monetary policy, slower growth in remittances and weaker export demand weigh on activity. 9th May 2024 · 2 mins read
Asia Rapid Response Philippines Monetary Policy Announcement (April) The central bank in the Philippines (BSP) today left its main policy rate unchanged (at 6.50%), but sounded more hawkish than we had expected on inflation. Accordingly, we are pushing back the timing... 8th April 2024 · 2 mins read
Asia Economics Weekly BoT decision on a knife edge Inflation in Thailand was still negative last month, according to data released earlier today. With recent activity subdued, the central bank will have to change tack and start loosening policy soon... 5th April 2024 · 8 mins read
