EM Markets Chart Pack We think China’s equities will continue to struggle Even if the current concerns around Evergrande abate, we think China’s stock market will continue to underperform many of those elsewhere over the next couple of years. Drop-In: Evergrande – What are... 22nd September 2021 · 8 mins read
Asia Economics Weekly Two non-consensus calls on monetary policy There are four major monetary policy meetings scheduled in the region next week. While we expect the central banks of Indonesia and Taiwan to leave rates unchanged, we are pencilling in a hike by the... 17th September 2021 · 8 mins read
Asia Economics Weekly Encouraging signs in South East Asia Virus outbreaks across South East Asia are in retreat. Having taken a severe hit from the most recent Delta wave, economic recoveries in the region should now resume. Falling virus cases and reopening... 10th September 2021 · 4 mins read
Asia Data Response Philippines CPI (August) While the spike in August inflation in the Philippines makes the central bank’s (BSP) policy decision this month an even closer call, the worsening outlook for the economy means we are sticking with... 7th September 2021 · 3 mins read
Asia Economics Weekly Korea spending boost, Malaysia rate meeting Korea’s proposed budget for 2022 indicates that fiscal policy will remain supportive next year. This should give the BoK added reassurance that the economy will be able to withstand further rate hikes... 3rd September 2021 · 5 mins read
Asia Data Response Manufacturing PMIs (Aug.) Falling output indices in Korea and Taiwan suggest that the virus disruption in South East Asia is reverberating across the region. The end of supply chain shortages continues to slip further out of... 1st September 2021 · 2 mins read
Asia Chart Pack Exports won’t come to the rescue in H2 Q2 GDP data released over the past month or so did not show a repeat of the across-the-board rises in exports seen in previous quarters, but the external sector still proved an important prop to GDP... 31st August 2021 · 13 mins read
Asia Economics Weekly South East Asia: hit from Delta will be slow to fade There are some signs that the Delta outbreak battering South East Asia is at least past its worst. But a rapid turnaround in the region’s economic fortunes looks unlikely. 27th August 2021 · 6 mins read
Emerging Markets Activity Monitor Em. Europe & Lat Am leading the recovery in Q3 Most economies in Emerging Europe and Latin America look set for a strong third quarter and, while the near-term outlook for Southeast Asian economies remains challenging, high-frequency mobility... 25th August 2021 · 3 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor Net capital outflows from major emerging markets have picked up sharply over the past couple of weeks, driven by virus concerns, growing expectations that the Fed will begin tapering asset purchases... 20th August 2021 · 2 mins read
Asia Economics Weekly Bank of Korea to hike rates next week With new cases of COVID-19 rising, most analysts expect the Bank of Korea (BoK) to leave rates unchanged on Thursday. While it is likely to be a close call, we are sticking with our view that the... 20th August 2021 · 5 mins read
Emerging Markets Economics Chart Pack Asia bucks the monetary policy trend Several EM central banks have continued to tighten monetary policy over the past month or so in response to strong reopening rebounds (Chile, Czech Republic, Hungary) and/or rising inflation concerns... 18th August 2021 · 10 mins read
Asia Economics Weekly Slow vaccine progress will delay return to normality Slow vaccine rollouts mean the economic disruption from COVID-19 is likely to last well into next year in many countries. There are a few exceptions though. In particular, Singapore has already... 13th August 2021 · 7 mins read
Asia Economics Update Philippines central bank to cut rates in September The Philippines’ central bank (BSP) left its main policy rate on hold at 2.00% today, but with inflation fears receding, more rate cuts to support the beleaguered economy are likely soon. 12th August 2021 · 3 mins read
Asia Data Response Philippines GDP (Q2) The Philippines’ chances of a strong economic rebound from the contraction recorded in Q2 are looking slim given the new surge in virus cases and the reimposition of containment measures. The... 10th August 2021 · 3 mins read
Asia Economics Weekly Rate cuts coming in Thailand and the Philippines Whereas several EM central banks are in the middle of aggressive tightening cycles, Thailand and the Philippines are likely to resume rate cutting soon. 6th August 2021 · 7 mins read
