Asia Economics Weekly

Korea cuts, Bank Indonesia on a knife edge

The Bank of Korea cut interest rates today and we are expecting the central banks of Thailand and the Philippines to follow suit at their scheduled meetings on Wednesday. The Monetary Authority of...

11th October 2024 · 8 mins read

Asia Economics Update

Asia: key client questions answered

We recently held a series of Asia-focussed roundtable discussions with clients in London, covering an array of topics including the impact of Fed easing, the US election, global fracturing and China’s...

1st October 2024 · 6 mins read

Asia Economic Outlook

Policy easing to gather pace

We are expecting another year of below-trend economic growth in 2025 across Asia, as subdued exports, worsening labour markets and tighter fiscal policy weigh on demand. Inflation is back to target...

23rd September 2024 · 28 mins read

FX Markets Update

We think Asian currencies’ rallies will slow, not stop

We expect most Asian currencies to make further gains against the US dollar over time, even if their biggest rallies may now be behind them.

27th August 2024 · 5 mins read

Asia Rapid Response

Singapore Central Bank Policy Meeting (July)

The Monetary Authority of Singapore (MAS) kept policy unchanged today, but we think today’s marginally dovish statement raises the likelihood of monetary easing in October.

26th July 2024 · 2 mins read

Asia Economics Weekly

Korea: contraction in Q2, weak H2

Second quarter GDP figures for Korea, due to be published next week, are likely to show the economy contracted last quarter. Growth in the second half of the year is also likely to struggle, with weak...

19th July 2024 · 6 mins read

Asia Rapid Response

Singapore Q2 GDP (advance estimate)

GDP growth in Singapore remained below trend during the second quarter and we expect this to persist in the near term as the cooling labour market, elevated interest rates and weak global growth...

12th July 2024 · 2 mins read

Asia Economics Update

La Niña poses downside risks to inflation in SE Asia

A La Niña could bring with it favourable growing conditions for crops in South East Asia, and help to put downward pressure on food prices across the region. It adds to the reasons to think the...

8th July 2024 · 3 mins read

Asia Economics Weekly

Thai budget boost, Singapore’s cooling jobs market

Most countries in Asia are planning to tighten fiscal policy as they aim to put government finances on a more secure footing following the pandemic. One exception to this is Thailand, which this week...

21st June 2024 · 6 mins read

Asia Chart Pack

Emerging Asia Chart Pack (May 2024)

Headline inflation across most of Emerging Asia is now either below or only slightly above central bank targets. Nevertheless, policymakers have struck a slightly more hawkish tone recently due to...

30th May 2024 · 1 min read

Asia Economics Weekly

Singapore slowdown, Thailand’s weak recovery

GDP growth in Singapore slowed sharply in the first quarter of the year, and the outlook for the rest of 2024 is very poor, with a weakening labour market, tighter fiscal policy and subdued global...

24th May 2024 · 6 mins read

Asia Rapid Response

Singapore Monetary Policy Announcement & Q1 2024 GDP (adv)

The Monetary Authority of Singapore (MAS) kept policy settings unchanged today, as expected, but with the economy set to remain weak and core inflation on track to resume its downward trend soon we...

12th April 2024 · 3 mins read

Asia Economics Weekly

BoT decision on a knife edge

Inflation in Thailand was still negative last month, according to data released earlier today. With recent activity subdued, the central bank will have to change tack and start loosening policy soon...

5th April 2024 · 8 mins read

Asia Economics Weekly

MAS likely to loosen policy later than most in Asia

Singapore was an outlier within Asia in terms of how high inflation spiked and it still has higher core inflation than most other economies in the region. The core rate is likely to remain above...

28th March 2024 · 6 mins read

Asia Economic Outlook

Asian central banks waiting for the Fed

With inflation easing and domestic demand struggling in much of emerging Asia, central banks are likely to start cutting interest rates soon. The one remaining concern for policymakers is the fear of...

27th March 2024 · 27 mins read