Asia Economics Update Limited impact from Chinese rate cut Financial markets in Emerging Asia have on the whole had a fairly quiet month despite the recent Chinese rate cut and the expansion of the Bank of Japan’s programme of quantitative easing. 28th November 2014 · 1 min read
Asia Chart Pack Retail spending picks up, but recovery uneven There has been a gradual recovery in retail spending in Emerging Asia during 2014. The top performing countries are Indonesia and Malaysia, where retail sales are expanding at a double digit pace. In... 26th November 2014 · 1 min read
Asia Data Response Malaysia GDP (Q3) Malaysia's economy slowed in the third quarter, with growth coming in at 5.6% y/y, down from a revised 6.5% the quarter before. We expect growth to slow further in the coming quarters, as the domestic... 14th November 2014 · 1 min read
Asia Economics Update Malaysia’s policy rate to stay on hold until mid-2015 Against a backdrop of softer domestic growth and weakening exports, the Malaysian central bank (BNM) unsurprisingly kept its policy rate on hold at 3.25% today. As the accompanying statement took on a... 6th November 2014 · 1 min read
Asia Economics Weekly How much slack is left in the NIEs? There are indications that the amount of spare capacity in the Newly Industrialised Economies (NIEs: Hong Kong, Singapore, Taiwan and Korea) is starting to be used up. As a result, while there is... 31st October 2014 · 1 min read
Asia Economics Update Minimal impact from the end of QE3 Asia's financial markets have so far taken the end of QE3 largely in their stride. The performance of the region's currencies and equity markets has been fairly muted over the past month, while... 31st October 2014 · 1 min read
Asia Chart Pack No sign of improvement Economic growth in Emerging Asia is showing no sign of improvement. Our GDP tracker is pointing to growth of around 4.5% in the third quarter, which is roughly unchanged from the previous quarter and... 28th October 2014 · 1 min read
Asia Economics Update Malaysia's budget keeps it on fiscal consolidation path Malaysia's 2015 budget contained no major surprises and marked another step towards fiscal consolidation following fuel subsidy cuts earlier in the month. While the net impact of the Goods and... 13th October 2014 · 1 min read
Asia Economic Outlook Steady, if unspectacular, growth ahead Most economies in Emerging Asia are likely to see growth accelerate gradually over the next year, helped by a combination of stronger demand from advanced economies and relatively loose monetary... 8th October 2014 · 1 min read
Asia Economics Update Aussie and Kiwi dollars lead Asia’s currency sell-off Asia’s financial markets performed poorly in September, largely reflecting concerns about the outlook for US monetary policy. The New Zealand and Australian dollars were the worst performers, but... 30th September 2014 · 1 min read
Asia Economics Weekly Which countries stand to gain most from lower oil prices? Lower oil prices should provide a boost to the economies of Emerging Asia. However, some countries are likely to benefit more than others. Indonesia and Thailand stand to gain the most, while Malaysia... 26th September 2014 · 1 min read
Asia Economics Update Malaysia's fiscal consolidation to continue, drag manageable Malaysia’s government finances have traditionally stood out as a potential threat to its economic stability, but there have been notable improvements in recent years. The 2015 budget is expected to... 24th September 2014 · 1 min read
Asia Chart Pack What is behind the recent currency weakness? Sizeable falls in a number of Asian currencies against the US dollar over the past month have rekindled unwelcome memories of last summer’s “Taper Tantrum”. As was the case during last year’s sell-off... 23rd September 2014 · 1 min read
Asia Economics Update Rate pause in Malaysia likely to prove short-lived Although the Malaysian central bank (BNM) kept its policy rate on hold at 3.25% today, we continue to see scope for at least another 25bp hike in the coming quarters. 18th September 2014 · 1 min read
Asia Economics Update Asian financial markets higher, but political risks weigh on Pakistan Most of Asia’s stock markets and currencies strengthened in August. The key exception is Pakistan, where political uncertainty has returned to the fore. 28th August 2014 · 1 min read
Asia Economics Update Emerging Asia has less to fear from Fed tightening The trend over the past year in most of Emerging Asia has been towards bigger current account surpluses or smaller deficits. This should make their currencies less vulnerable to any negative shifts in... 21st August 2014 · 1 min read
