Emerging Markets Economics Update Five key themes from the BRICS summit Efforts by the BRICS group to demonstrate an image of unity and cooperation were on full show at this week’s summit, but – aside from membership expansion – policy proposals were light and not overly... 25th August 2023 · 6 mins read
Asia Economics Weekly Taiwan’s economy still not out of the woods Recent data from Taiwan have been mixed, with exports showing signs of life but consumer demand softening. We think the economy will weaken in the near-term as any further support from export demand... 25th August 2023 · 6 mins read
Asset Allocation Update Equities in EM Asia ex-China may keep holding up well Equities in Emerging Asia outside China have largely outperformed their peers in other Emerging Markets (EMs) since the pandemic started. We think that they will hold up better during the global stock... 24th August 2023 · 4 mins read
Asia Economics Update CBSL on hold but rate cut still likely by end 2023 The central bank of Sri Lanka (CBSL) decided to keep monetary policy unchanged today, contrary to the expectations of most analysts (including ourselves), after having slashed rates by a cumulative... 24th August 2023 · 3 mins read
Asia Economics Update BoK set to deliver rate cuts from Q4 The decision today by the Bank of Korea to leave the policy rate unchanged (at 3.5%) for a fifth consecutive meeting came as no surprise. However, comments by the central bank governor at the press... 24th August 2023 · 3 mins read
Asia Economics Weekly Bank of Korea to hold, but cuts likely by year-end The Bank of Korea (BoK) has left interest rates on hold since January and looks almost certain to leave monetary policy settings unchanged at its meeting next week. But with inflation falling back... 18th August 2023 · 8 mins read
Asia Rapid Response Malaysia GDP (Q2) Economic growth accelerated in Q2 but we expect a slowdown in the second half of the year as external demand weakens and elevated interest rates curtail domestic demand. 18th August 2023 · 3 mins read
Global Markets Update What China’s grim economic picture means for its markets With the headwinds growing for China’s economy, we think its equity markets will struggle, its 10-year yield will continue to fall and its currency won’t rebound as quickly as we’d thought. In view of... 17th August 2023 · 5 mins read
Capital Daily The market implications of China’s economic struggles The difficulties facing China’s economy and financial system continue to dominate much of the headlines. So far, the gloom has not made a major dent in the optimism reflected in global markets... 15th August 2023 · 4 mins read
Asia Economics Update Higher food prices pose risk to disinflation process Inflation across Emerging Asia should continue to decline over the coming months. However, the risks are to the upside amid uncertainty over the outlook for food prices. And while we are sticking with... 15th August 2023 · 3 mins read
Capital Daily What Country Garden wilting means for China’s equities We don’t think the ongoing troubles in China’s property sector mark the beginnings of a financial crisis, but do expect them to be a drag on returns from the country’s stock market over time. 14th August 2023 · 5 mins read
