Asia Economics Weekly Vietnam in US cross hairs Vietnam has so far emerged as the biggest winner of the US-China trade war, as tariffs on goods from China have led US importers to switch suppliers. Vietnam’s exports to the US have doubled since the... 9th October 2020 · 7 mins read
UK Data Response Monthly GDP & International Trade (Aug.) The disappointing 2.1% m/m rise in GDP (consensus forecast 4.6%) adds to the evidence that the initial rebound in economic activity is running out of steam. And with new restrictions being imposed to... 9th October 2020 · 3 mins read
Asia Economic Outlook Central banks to resume easing cycles soon With the virus under control in most of the region, Emerging Asia is bouncing back from the crisis faster than other parts of the world. But the pace of recovery is uneven. China is leading the way... 8th October 2020 · 36 mins read
Japan Economic Outlook Recovery could surprise to the upside Japan’s success in containing the virus without imposing draconian restrictions on activity should enable a faster return to pre-virus levels of output than in many major economies. We expect GDP to... 8th October 2020 · 21 mins read
Australia & New Zealand Data Response Australia - International Trade (Aug) The trade balance narrowed again in August and we think that trade was probably a drag on growth in the third quarter. 6th October 2020 · 2 mins read
India Economics Update Encouraging signs of improvement from trade data The narrowing in India’s goods trade deficit in September came on the back of a decent pick-up in external demand, while domestic demand showed encouraging signs of improvement too. But sustaining the... 5th 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
Asia Data Response Korea Trade (Sep.) Korean export values held steady in September at a touch below pre-crisis levels, and we expect gradual improvements in the months ahead. 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 Economics Update Stonking current account surplus will prove fleeting If ever there were a sign of how extraordinary economic developments have been this year, India recorded a stonking current account surplus in Q2. This is unlikely to last long, as oil prices will... 30th September 2020 · 3 mins read
Australia & New Zealand Chart Pack Victoria restrictions didn’t hit as hard as initially feared The surge in case numbers due to the second wave in Melbourne has been brought under control with new daily cases falling back towards zero. Heavy restrictions on activity still remain in place in... 30th September 2020 · 10 mins read
Asia Chart Pack Encouraging signs in Korea Korea looks to have contained its “second wave” of the virus with minimum cost to the economy. There were just 38 newly confirmed cases in Korea today, which was the lowest since early August and down... 29th September 2020 · 13 mins read
Africa Chart Pack Growth concerns mounting in Nigeria Nigeria is facing an uphill battle to breathe life into its economic recovery. Following a sharp 6.1% y/y fall in GDP in Q2, more recent figures suggest that activity remains muted. Admittedly, Google... 29th September 2020 · 13 mins read
China Chart Pack Policymakers refocus on property developer debt The speed at which officials in China have pivoted from crisis response to another round of restrictions on property developers has caught many by surprise. Developers might have hoped that they would... 28th September 2020 · 11 mins read
Asia Economics Weekly Philippines: weak recovery, new currency forecasts Inadequate fiscal support is holding back growth in the Philippines and, unless this improves, the recovery will continue to underwhelm. Meanwhile, despite the recent sell-off in EM currency markets... 25th September 2020 · 7 mins read
Asia Economics Update Taiwan and Vietnam: outperformance continues Continued trade tensions between the US and China are providing a significant boost to economic prospects in Taiwan and Vietnam. Having also successfully contained the virus without significant... 25th September 2020 · 3 mins read
