Middle East & North Africa Data Response Whole Economy PMIs (Sep.) September’s whole economy PMIs from across the Middle East and North Africa all rose as a further easing of virus containment measures supported another pick-up in economic activity. But against the... 5th October 2020 · 3 mins read
Asia Data Response Korea and Taiwan Manufacturing PMIs (Sep.) PMI readings for Korea and Taiwan suggest industry in both countries picked up momentum last month, and we expect output to continue growing in the months ahead on the back of strong exports. 5th October 2020 · 2 mins read
Emerging Europe Economics Weekly Geopolitical tensions in Turkey, tighter restrictions in CEE The conflict in Nagorno-Karabakh has opened up another schism between Turkey, the EU and Russia and there is a major risk that an escalation of tensions could trigger sharp falls in the lira and push... 2nd October 2020 · 8 mins read
Latin America Data Response Brazil Industrial Production (Aug.) The 3.2% m/m rise in Brazilian industrial production suggests that the sector has now returned to close to its pre-crisis level of output. But the data also provide some early confirmation that the... 2nd October 2020 · 2 mins read
Asia Economics Weekly Indonesia in no rush to tighten, Vietnam rate cut Indonesia has signalled that fiscal policy will remain supportive of the economic recovery after it unveiled a budget for next year that envisages only a very small fall in the budget deficit... 2nd October 2020 · 6 mins read
Australia & New Zealand Economics Weekly Chinese demand for iron ore supporting recovery Australia has been one of the few beneficiaries of the strong rebound in China’s economy which has contributed to the recent strengthening of the Australian dollar. Admittedly, we expect the price of... 2nd October 2020 · 6 mins read
China Economics Weekly Holiday spending boon, property developer caution Holiday spending during China’s ongoing “Golden Week” should ease concerns that lacklustre consumption will cause the economic recovery to stall. The property sector remains, in our view, a bigger... 2nd October 2020 · 5 mins read
Japan Economics Weekly Suga showing his true colours, recovery on track The decision by state-owned Nippon Telegraph & Telephone to take full ownership of its mobile phone arm seems to reflect pressure by new PM Suga. While Mr Abe tried to make companies more accountable... 2nd October 2020 · 5 mins read
Emerging Markets Economics Update Solid September PMIs, but recovery to lose steam September’s relatively strong batch of emerging market manufacturing PMIs suggests that recoveries in industrial production continued in September. But with the global rebound losing steam, growth in... 1st October 2020 · 3 mins read
Africa Data Response South Africa Manufacturing PMI (Sep.) The rise in in South Africa’s manufacturing PMI in September suggests that further easing of the country’s lockdown measures has boosted activity. But there remain many obstacles to a sustained... 1st October 2020 · 2 mins read
India Economic Outlook Dire outlook will prompt further monetary easing The continued rapid spread of COVID-19 in India and the need for prolonged containment measures has plunged the economy into a double-digit contraction this year. A tepid fiscal response means the... 1st October 2020 · 19 mins read
Emerging Europe Data Response Manufacturing PMIs (Sep.) The mixed batch of manufacturing PMIs across Emerging Europe for September suggest that the initial rebound in activity over the summer started to run out of steam at the end of Q3. The recovery is... 1st October 2020 · 2 mins read
India Data Response Manufacturing PMI (Sep.) The jump in September’s manufacturing PMI reading to its highest in over eight years is a much-needed sign that the recovery still has some legs. But with India now a virus epicentre, containment... 1st October 2020 · 2 mins read
Japan Data Response Tankan (Q3) The rebound in the Q3 Tankan fell short of expectations and suggests that the recovery could be protracted. And while the survey indicates that the labour market will soon turn the corner, firms’... 1st October 2020 · 2 mins read
Latin America Chart Pack Light at the end of the tunnel? The latest figures suggest that the number of COVID-19 infections in the region has passed its peak – new cases are down by 35-60% compared to their July/August peaks in most of the large Latin... 30th September 2020 · 14 mins read
India Data Response Core Infrastructure Industries (Aug.) The recent improvement in output in the core infrastructure industries came to an abrupt halt in August. With India now a virus epicentre, containment measures are likely to remain in place for a long... 30th September 2020 · 2 mins read
