Asia Economics Weekly Asia Weekly: Korea’s political crisis, BI’s surprise cut, Trump and Asia There are growing signs that the economy in Korea is being affected by the political crisis. This is one of the key reasons why we think the central bank will resume its easing cycle soon, following... 17th January 2025 · 8 mins read
Asia Economics Update Korea: a pause, not an end to the easing cycle The Bank of Korea today left its main policy rate unchanged at 3.00%, but with the economy struggling and inflation under control, we doubt it will be long before the central bank resumes its easing... 16th January 2025 · 3 mins read
Asia Economics Weekly Asia Weekly: Bank of Korea to cut rates again, free meals in Indonesia With inflation under control and signs the political crisis is weighing on the already-weak economy, we expect the Bank of Korea to cut interest rates by a further 25bps at its meeting on Thursday... 10th January 2025 · 7 mins read
Capital Daily Recent strength in the Korean won could fade further Although the Korean won has strengthened this year, we think its rally will unwind before long. 8th January 2025 · 3 mins read
Asia Economics Update Korea’s political crisis deepens Korea’s political crisis deepened today after parliament voted to impeach acting president, Han Duck-soo, just two weeks after President Yoon Suk Yeol was himself impeached following his shock... 27th December 2024 · 3 mins read
Asia Economics Weekly Asia Weekly: Dovish BoK minutes, bumper rate cut in Pakistan The Bank of Korea’s minutes from its November meeting confirm that supporting the economy is now its main priority. We are expecting another 100bps of rate cuts next year in Korea. Meanwhile, Pakistan... 20th December 2024 · 7 mins read
Asia Economic Outlook Asia Outlook: More rate cuts coming We expect another year of below-trend and below-consensus GDP growth in most of Asia in 2025, as tight fiscal policy and weak exports weigh on output. In China, a slowdown in construction will act as... 13th December 2024 · 28 mins read
Asia Economics Weekly Asia Weekly: Close call for the Bank of Thailand The coming week sees scheduled central bank meetings in Pakistan, Thailand, Indonesia, Taiwan and the Philippines. We are expecting holds in Indonesia and Taiwan, but cuts in the rest. The closest... 13th December 2024 · 8 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor (Dec. 2024) Capital inflows into EMs have been resurgent over the past few weeks amid a broader improvement in global risk appetite. Looking ahead, however, likely policies from President-elect Trump point to a... 12th December 2024 · 2 mins read
Asia Economics Weekly What next for Korea? The longer the political crisis in Korea drags on, the worse the economic consequences will be. Consumer spending is likely to be affected and there will also be disruption if the country’s powerful... 6th December 2024 · 5 mins read
Asia Economics Update Five questions (and answers) on Korea’s political crisis President Yoon Suk Yoel has rescinded his declaration of martial law, but Korea’s political crisis is far from over. The opposition are now trying to impeach the president, while financial markets... 4th December 2024 · 3 mins read
Capital Daily Market implications of the drama in Korea This early edition of the Capital Daily outlines our initial thoughts on the market implications of the political drama in Korea. 4th December 2024 · 4 mins read
Event Asia Drop-In: Korea political crisis – Macro and market implications 1733299200 President Yoon Suk Yeol’s declaration of martial law – and parliament’s vote to reverse it – has plunged Asia’s fourth largest economy into crisis and triggered turmoil across
Asia Economics Update Korea’s president declares martial law The declaration of martial law by Korea’s president is an extraordinary step that seems likely to trigger either the suspension of Constitutional democracy in Korea or the president’s own rapid... 3rd December 2024 · 4 mins read
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
