Japan Rapid Response

Japan Consumer Prices (Sep. 2026)

With underlying inflation back above the Bank of Japan’s 2% target, the case for further tightening remains on solid ground.

23rd October 2026 · 2 mins read

Asia Rapid Response

Korea Policy Rate (October 2026)

The Bank of Korea (BoK) left its policy rate unchanged at 3.00% at today’s meeting, but we doubt this marks the end of the tightening cycle, and have pencilled in one hike for the BoK’s final meeting...

22nd October 2026 · 2 mins read

India Chart Pack

India Chart Pack (Oct. 2026)

After a very strong run, India’s economy is set to cool but annual GDP growth is still on course to average an impressive 7% from 2026-2028. Rising food prices on account of a weak monsoon will push...

22nd October 2026 · 1 min read

Asia Rapid Response

Philippines Interest Rate Announcement (Oct. 2026)

22nd October 2026 · 2 mins read

Asia Economics Update

Bank of Korea to hike rates once more this cycle

The Bank of Korea (BoK) kept its policy rate unchanged at 3.00% today. But the tone of its statement and the decision to raise its growth forecasts for this year and next suggest that the tightening...

22nd October 2026 · 3 mins read

Australia & New Zealand Economics Update

RBNZ will hike to 3.25% by year-end

We expect the RBNZ to lift the Official Cash Rate by 25bp, to 3.00%, at its October meeting, as it seeks to mitigate upside risks to inflation. We’ve also brought forward our forecast for the final...

22nd October 2026 · 5 mins read

Australia & New Zealand Rapid Response

New Zealand Consumer Prices (Q3 2026)

The pullback in headline inflation in Q3 won’t provide much comfort to the RBNZ, given that underlying price pressures continued to build.

21st October 2026 · 2 mins read

Asia Economics Update

Thailand’s car sector faces up to China Shock 2.0

Thailand has long been South East Asia’s leading automotive production hub, built around Japanese manufacturers and a deep network of local suppliers. But the shift towards EVs is reshaping its...

21st October 2026 · 3 mins read

Asia Rapid Response

Indonesia Interest Rate Announcement (Oct. 2026)

The policy moves by Bank Indonesia today suggest that officials are struggling to work out whether to prioritise supporting the rupiah or boost growth. These mixed messages risk undermining the...

21st October 2026 · 3 mins read

China Economics Update

GDP pick-up belies weaker domestic demand

Official GDP growth picked up in Q3, but the improvement masks a further weakening in domestic demand. The detailed breakdown suggests that last quarter’s rebound was driven entirely by net exports...

21st October 2026 · 4 mins read

Asia Economics Update

Bank of Korea should look through the rise in core inflation

The recent pick-up in core inflation in Korea is less concerning than may first appear. A large chunk of it can be attributed to the indirect impact of the energy shock and to the global AI boom...

20th October 2026 · 4 mins read

Emerging Markets Economics Update

How will higher bond yields shape EM fiscal risks?

EM public finances have become more vulnerable to higher interest rates in recent years. Some major EMs with underlying fiscal vulnerabilities – including Brazil, South Africa and Hungary – have...

19th October 2026 · 4 mins read

Asia Economics Update

Bank Indonesia to hike on Wednesday to support rupiah

The further sell-off today in Indonesia’s financial markets following MSCI’s latest threat to downgrade the country’s stock market means that a 25bp interest rate hike, to 6.00%, at Bank Indonesia’s...

19th October 2026 · 3 mins read

China Rapid Response

China GDP (Q3) & Activity (Sep. 2026)

The improvement in official GDP growth last quarter is at odds with the slowdown shown by our China Activity Proxy (CAP). But the September data do suggest that the economy regained momentum at the...

19th October 2026 · 3 mins read

Australia & New Zealand Economics Update

Higher neutral rate need not prompt more tightening

The evidence that the neutral rate of interest has continued to rise is mixed. And with excess demand now clearly diminishing, we’re not convinced that further monetary tightening is warranted.

19th October 2026 · 4 mins read