Emerging Markets Economics Update BRICS summit more about politics than economics At their summit in South Africa today and tomorrow, leaders of the BRICS are expected to announce progress towards setting up a development bank and to outline a plan to pool some of their foreign... 26th March 2013 · 1 min read
Asia Chart Pack Signs that Asia's recovery may be losing steam Economic activity in emerging Asia rebounded strongly in the final quarter of last year. However, there are signs that the recovery may be running out of steam. Our GDP tracker dipped slightly in... 26th March 2013 · 1 min read
Asia Economics Update Another rate cut in Vietnam, further loosening likely The central bank in Vietnam today announced the seventh reduction in interest rates in just over a year. The move comes in response to very weak growth and subdued price pressures. With the economy... 25th March 2013 · 1 min read
Asia Economics Weekly Will Asia’s export recovery last? Asian exports have strengthened considerably in recent months, providing a boost to regional growth. This Weekly looks at what has been driving the rebound, and explains why a strong and sustained... 25th March 2013 · 1 min read
Asia Economics Update New Zealand near-term outlook marred by drought New Zealand’s economy grew faster than expected in Q4. Reconstruction spending is finally ramping up, but growth will be held back by a drought that has hit North Island. 21st March 2013 · 1 min read
Emerging Markets Economics Chart Pack Sentiment has turned against EM assets Sentiment toward EM assets has turned negative over the last month despite the relatively upbeat performance of many developed markets. Equities have come off recent highs, currencies have mostly... 20th March 2013 · 1 min read
Asia Economics Update India’s central bank becoming hamstrung by macro risks The Reserve Bank of India stuck to the script and eased monetary policy today. Looking ahead, the market consensus is for another 25bp cut before year-end. However, we expect a long policy hold. While... 19th March 2013 · 1 min read
Emerging Markets Economics Update EM recovery falters Our EM GDP Tracker provides tentative evidence that the recent emerging market recovery is losing steam. Growth slowed slightly in Emerging Asia and Latin America in January, and continues to be very... 18th March 2013 · 1 min read
Asia Economics Weekly Inflation outlook remains benign Inflation has been on a downtrend trend across most of Asia over the past year, allowing central banks to keep monetary policy loose to support domestic demand. In this Weekly we assess the outlook... 18th March 2013 · 1 min read
Emerging Markets Trade Monitor Divergence in export performance deepens The recovery in Emerging Market exports continues to be concentrated in Asia. By contrast, exports from other EM regions, and commodity producers in particular, remain disappointing. 14th March 2013 · 1 min read
Asia Economics Update Uptick in Indian inflation unlikely to impede rate cut Higher-than-expected wholesale price inflation in India has raised some doubts about whether policy easing is imminent. However, a closer look at today’s data shows that core inflation has dropped to... 14th March 2013 · 1 min read
Global Markets Update Is the underperformance of EM equities set to continue? While the recent underperformance of emerging market (EM) equities has been surprising given the strength of developed market (DM) equities, we think it may continue for a while yet. 13th March 2013 · 1 min read
Asia Economics Update India's industrial recovery remains fragile, rate cut likely Better-than-expected industrial production data have provided some cause for market cheer in India. However, a close look at the data underlines how fragile the recovery remains. We continue to expect... 12th March 2013 · 1 min read
Emerging Markets Economics Focus The new "Growth Stars" - which EMs are set to shine? As the BRICs enter a period of slower growth, new emerging market “growth stars” will come to the fore. We are particularly upbeat on the economies of sub-Saharan Africa and South East Asia. But... 12th March 2013 · 1 min read
Asia Economics Weekly Worries mount in Indonesia Indonesia continues to be among the best performers in Asia. However, rising inflation, a weakening currency, and haphazard policymaking have become growing concerns. This Weekly takes a closer look... 11th March 2013 · 1 min read
Emerging Markets Economics Update Should we worry about EM central bank independence? Fears that politicians in the emerging world are trying to tighten their grip over monetary policy are generally wide of the mark. But Hungary is a notable exception. 7th March 2013 · 1 min read
