APAC Commercial Property Outlook Values to fall as region’s markets struggle to recover The outlook for the Asia-Pacific markets is relatively poor. We think higher-for-longer bond yields will limit the pace of recovery in this cycle globally, but this will be compounded by a weak... 27th June 2025 · 20 mins read
Emerging Markets Economic Outlook Emerging Markets Outlook: Growth concerns to prompt more rate cuts EM exports have held up well this year despite higher US tariffs, but the growth outlook over the second half of the year looks more challenging. We expect a slowdown in most EMs and our forecasts... 26th June 2025 · 28 mins read
India Chart Pack India Chart Pack (June 2025) Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India’s economy has had a strong first half of the year and is poised to grow by 7% in both 2025 and... 26th June 2025 · 1 min read
Asia Economic Outlook Asia Outlook: Tepid growth for many as tariff threat looms We expect GDP growth across most of Asia to soften in 2025, with many countries likely to record below-consensus growth. The risk of escalating trade tensions remains a key concern, particularly for... 26th June 2025 · 28 mins read
Australia & New Zealand Economic Outlook ANZ Outlook: Central banks to loosen further as recoveries falter Australia’s economy is struggling to gain momentum, while the recent rebound in activity in New Zealand isn’t likely to be sustained. As the lull in activity lifts spare capacity, underlying price... 26th June 2025 · 20 mins read
China Economic Outlook China Outlook: Fiscal prop to fade as exports slow Exports would almost certainly have weighed on China’s growth whatever happened this year, but US tariffs – even at their reduced rate – will worsen the drag. Fiscal support has been propping up... 25th June 2025 · 16 mins read
India Economics Update How might India push back against Chinese imports? India’s goods trade deficit with China is now at a record high. This largely reflects rising goods imports from China which, while bringing economic benefits in some areas, are also raising concerns... 25th June 2025 · 4 mins read
Asia Rapid Response Thailand Monetary Policy Announcement (June) Thailand’s central bank (BoT) today left interest rates unchanged at 1.75%, but the dovish commentary from the press conference supports our view that further easing is likely over the coming months. 25th June 2025 · 2 mins read
Australia & New Zealand Rapid Response Australia Monthly CPI Indicator (May 2025) With price pressures easing markedly in May, the RBA may well front-load monetary easing to a greater degree than we’re predicting. 25th June 2025 · 2 mins read
China Activity Monitor CAP: China’s industry takes a hit Our China Activity Proxy suggests growth slowed further in May, with US tariffs weighing on industrial activity. While services growth did pick up, that seems to have been driven by a temporary boost... 24th June 2025 · 1 min read
Japan Economics Update Services inflation set to surpass goods inflation Prices of public services and rents are rising at the fastest pace in years, which supports our view that inflation will remain above the Bank of Japan’s 2% target even as the impact of the post... 24th June 2025 · 3 mins read
Japan Economic Outlook Japan Outlook: BoJ will resume tightening cycle later this year The Bank of Japan will stay on the sidelines for a few more months as GDP growth softens and trade tensions cloud the outlook. But with the labour market set to remain very tight, wages rising... 23rd June 2025 · 18 mins read
Japan Rapid Response Japan Flash PMIs (June 25) With output expanding at a healthy pace and price pressures set to remain relatively firm, we continue to believe the Bank of Japan will deliver its next rate hike sooner than most anticipate. 23rd June 2025 · 2 mins read
China Economics Weekly China Weekly: EU is choosing Trump over China, retailers doing well When President Trump returned to office, his aggressive treatment of traditional allies raised the possibility that the EU and China would come together in defence of free trade. But it was clear this... 20th June 2025 · 5 mins read
Climate Economics Update China’s green exports hold up in the face of US tariffs China’s New Three export volumes edged down in May, but remained close to record highs, as the impact on trade from US tariffs was partially offset by increased shipments to the Middle East. While the... 20th June 2025 · 3 mins read
