Asia Economics Update Thailand's strong growth lessens urgency to cut rates Thailand’s Q4 GDP data suggest that the economy ended last year on a strong note, which lessens the urgency for policy settings to be loosened. However, we expect the economy to slow later this year... 18th February 2013 · 1 min read
Asia Economics Weekly What lies ahead for Asia’s sovereign-bond yields? Having trended lower since the 2008-2009 global crisis, Emerging Asia’s government bond yields have risen so far this year. In this Weekly , we examine the reasons for the pick-up and the outlook for... 18th February 2013 · 1 min read
Emerging Markets Trade Monitor Export split reinforces concerns of “currency wars” The continued weakness of exports from commodity producers in the emerging world will add further fuel to the debate over “currency wars”. By contrast, exports from manufacturing-focused economies in... 15th February 2013 · 1 min read
Asia Economics Update Fall in Indian inflation not enough to prompt further rate cuts Wholesale price inflation in India fell more than expected in January, to 6.6%. But with consumer price inflation rising to 10.8% and the current account deficit heading for a record high this year... 14th February 2013 · 1 min read
Emerging Markets Economics Update EMs right to be wary of rapid capital inflows Behind the rhetoric of global currency wars lies a more fundamental concern that loose monetary policy in the developed economies will lead to rapid and destabilising capital inflows to the emerging... 14th February 2013 · 1 min read
Asia Economics Update Korea’s central bank likely to cut ahead The Bank of Korea (BoK) kept its policy rate at 2.75% today, as was widely expected. Korea’s economic slowdown has bottomed out, but we think growth is unlikely to rebound strongly and that inflation... 14th February 2013 · 1 min read
Asia Economics Update Pakistan's central bank is in a bind While the State Bank of Pakistan may wish to cut rates further to stimulate the economy, there is a growing risk that the central bank will be forced into tightening policy instead. 13th February 2013 · 1 min read
Asia Economics Weekly Property prices in Emerging Asia - an update Property prices look significantly overvalued in Hong Kong and parts of Taiwan. As such, while the risk of a slump in exports bringing recession in these trade-oriented economies has subsided recently... 11th February 2013 · 1 min read
Global Markets Focus Is a bubble forming in financial markets in the emerging world? The yield of the JP Morgan Emerging Market Bond Index Plus recently fell to its lowest ever level, while the annual average dollar-based return from the MSCI Emerging Market Index of equities has been... 8th February 2013 · 1 min read
Emerging Markets Economics Focus Are Emerging Markets about to take off? Our Emerging Market GDP trackers suggest that growth across the emerging world has picked in recent months. We expect a further acceleration over the first half of this year, but sustaining the... 7th February 2013 · 1 min read
Emerging Markets Economics Update EM consumers go their separate ways Strong employment growth, coupled with favourable credit dynamics, should ensure that consumer spending continues to outperform in Emerging Asia over the coming years. By contrast, consumption looks... 6th February 2013 · 1 min read
Emerging Markets Economics Update Major EM regions all now reporting stronger growth The ongoing recovery in emerging world manufacturing looks increasingly broad based. The PMIs for Latin America and Emerging Asia have risen rapidly since mid-2012 and the latest figures point to a... 5th February 2013 · 1 min read
Asia Economics Update Strong and steady growth to continue in Indonesia Indonesia recorded another quarter of strong growth in Q4, with the pace of growth down only slightly from the previous quarter. Although weak global demand will remain a drag on the economy in 2013... 5th February 2013 · 1 min read
Asia Economics Weekly Is yen weakness a threat to emerging Asia? The yen has significantly weakened against Asian currencies in the last few months. Given the similarity of many of their exports, Korean exporters look most vulnerable to a depreciating yen. However... 4th February 2013 · 1 min read
Asia Economics Update January PMIs suggest industry faltering The January PMIs for emerging Asia were disappointing. Improving global sentiment should provide a small boost to Asian industry in coming months, but conditions overall are likely to remain weak. 1st February 2013 · 1 min read
Emerging Europe Economics Update Inflation looks to have bottomed out Having dropped to a near-three-year low, EM inflation looks to have now bottomed out. Inflation is likely to rise further in the near term due to strengthening demandside pressures and increases in... 1st February 2013 · 1 min read
