Asia Economics Weekly Asian currencies undervalued, but still set to weaken Most currencies in Asia look undervalued. However, it would be wrong to conclude that Asia’s currencies are set for rapid appreciation. In 2013, we think an escalation in the euro-zone crisis will... 3rd December 2012 · 1 min read
Asia Economics Update Indian growth unlikely to pick up next year It may be something of a relief that India’s third quarter GDP figures were no worse than expected. But while growth may have stabilised, we are sceptical that it will pick up in 2013. 30th November 2012 · 1 min read
Asia Economics Update Stagnation continues in India An unexpected drop in industrial production in September, and a further fall in exports in October, underline the weakness of the Indian economy. The government continues to forecast an upturn in the... 12th November 2012 · 1 min read
Asia Economics Update Manufacturing still stuck in the doldrums Today’s PMI data for Asia showed some small signs of improvement but overall conditions within the region’s manufacturing sectors are still very weak. The likelihood that global demand will remain... 1st November 2012 · 1 min read
Asia Economics Update Reserve Bank of India to continue resisting rate cut pressure The Reserve Bank of India (RBI) kept its key policy rate unchanged today in the face of government pressure on it to cut. With inflation likely to remain high, we suspect the RBI will continue to... 30th October 2012 · 1 min read
Asia Chart Pack Central banks step up policy loosening Over the past month, central banks in South Korea, Thailand, Australia and Pakistan have all cut their policy rates. The moves come in response to continued weakness in exports, which has caused GDP... 19th October 2012 · 1 min read
Asia Economics Update Indian inflation pushed up by diesel price hike The increase in India’s headline inflation rate, to 7.8% in September, reinforces our view that the central bank is unlikely to cut interest rates again this year. 15th October 2012 · 1 min read
Asia Economics Update Will the reform boost for Indian markets last? The recent burst of reforms has buoyed India’s equity and currency markets, and some further measures are possible in the coming weeks. However, the country’s fundamental outlook has not improved... 11th October 2012 · 1 min read
Asia Economic Outlook Bumpy road ahead Although Asia will not be immune from the continuing crisis in the euro-zone and weak global demand, healthy fundamentals and plenty of scope for policy easing mean growth should hold up relatively... 10th October 2012 · 1 min read
Asia Economics Update Manufacturing recovery still some way off The September PMIs signal that manufacturing remains weak in Asia. We think that global growth will continue to struggle over the coming year or so and that, against this backdrop, manufacturing... 1st October 2012 · 1 min read
Asia Economics Update India's latest fiscal plan likely to be only partly adopted If implemented, the recommendations of the Kelkar Commission would put India’s public finances on a far more stable footing. However, the government is unlikely to be able to adopt them in full. 1st October 2012 · 1 min read
Asia Economics Update India's external deficit remains a concern India‘s current account deficit fell in the second quarter of the year, but only slightly. The deficit remains high and India is still dependent on fragile portfolio investment. In these circumstances... 28th September 2012 · 1 min read
Asia Economics Update Indian government bites the bullet on reforms Friday’s decision to liberalise foreign investment goes some way to dispel the impression of policy paralysis in Delhi. However, implementation of these reforms will be slow, and further measures are... 17th September 2012 · 1 min read
Asia Economics Update Jump in Indian inflation pushes back rate cuts Today’s announcement that inflation rose to 7.6% in August eliminates any residual chance that India’s central bank will cut rates on Monday. Indeed, we now expect monetary policy to remain on hold... 14th September 2012 · 1 min read
Asia Economics Update Still waiting for budget reforms in India The newly appointed Finance Minister has promised to get the public finances onto a more stable footing. But he has been slow to act and in the mean time the deficit has continued to widen. 13th September 2012 · 1 min read
Asia Economics Update Is inflation about to reach a turning point? Headline inflation rates across emerging Asia, which had been trending lower this year, look set to pick up in coming months. Nonetheless, inflation in the region is unlikely to rise sharply and... 11th September 2012 · 1 min read
