Asia Economics Weekly

Thailand’s reopening, exports soften

Thailand’s tourism sector will remain heavily depressed despite this week’s reopening of Phuket to foreign tourists. Meanwhile, the latest data provide more evidence that export demand has started to...

2nd July 2021 · 6 mins read

Asia Data Response

Korea Trade (June)

After a strong end to the month, Korean export values reached a fresh all-time high in June. But with some signs external demand is levelling off and semiconductor shortages are biting, we suspect...

1st July 2021 · 3 mins read

Asia Data Response

Manufacturing PMIs (June)

The June PMIs dropped back as virus outbreaks and supply chains issues created mounting headwinds for industry. With neither issue likely to be resolved soon, the rapid growth in industry over the...

1st July 2021 · 2 mins read

Asia Chart Pack

Virus disruption to continue

The virus situation in Emerging Asia has improved compared with a month ago. Although cases are rising sharply in Indonesia, daily numbers have come down in Taiwan, Singapore, India and Malaysia, and...

30th June 2021 · 14 mins read

Asia Economics Weekly

August rate hike in Korea, Indonesia outbreak

We were already more hawkish that the consensus in expecting a rate hike in Korea this year, but recent comments by the central bank and strong economic data mean we are shifting forward our forecast...

25th June 2021 · 7 mins read

Emerging Markets Trade Monitor

EM exports may be peaking

EM goods exports have surged in Q2. There are some early indications that EM exports will now come off their record highs, but they are still likely to stay at elevated levels throughout the rest of...

24th June 2021 · 2 mins read

Asia Data Response

Korea Trade (1st – 21st June)

Korean export values look set to dip in June after a record high in May. We suspect goods export values have peaked.

21st June 2021 · 2 mins read

Asia Data Response

Korea Trade (1st – 10th June)

Korean export values dipped a little at the start of June after a record high in May, but external shipments remain well above their pre-crisis level and should continue to boost GDP growth.

11th June 2021 · 2 mins read

Energy Chart Pack

Prices to be falling by end-year

Cold weather in parts of the northern hemisphere helped push up the prices of coal and natural gas last month, while oil prices also rose. We still think that average energy prices will be higher this...

2nd June 2021 · 6 mins read

Asia Data Response

Korea Trade (May)

Korean export values surged to an all-time high in May, suggesting that the external sector will drive GDP higher once again this quarter.

1st June 2021 · 2 mins read

Asia Economics Focus

Rate hikes coming in Korea as recovery gathers momentum

With the economy rebounding strongly from the crisis, the Bank of Korea (BoK) is starting to shift its attention away from supporting growth and towards containing financial risks. We expect the BoK...

31st May 2021 · 10 mins read

Global Economics Update

Will vaccine hesitancy prevent economies reopening?

28th May 2021 · 3 mins read

Asia Economics Update

Bank of Korea unlikely to alter policy soon

The Bank of Korea (BoK) left its main policy rate on hold at 0.50% today and given that the recovery still has a way to go, the BoK is likely to leave policy accommodative for at least the next few...

27th May 2021 · 3 mins read

Asia Data Response

Korea Trade (1st – 20th May)

Korean export values are likely to surge to an all-time high this month. A buoyant external sector looks set to prop up GDP again this quarter.

21st May 2021 · 3 mins read

Asia Data Response

Korea Trade (Apr.)

Korean export values were well above pre-pandemic levels in April, and with semiconductor demand set to remain elevated, at least in the short term, exports are likely to stay strong.

3rd May 2021 · 2 mins read