Entries for 'Asia Pacific'
June 21, 2017
The ringgit has risen strongly against the dollar in 2017 after a volatile 2016. Revived foreign portfolio inflows, improved growth, firmer oil prices
June 20, 2017
We look at the maturity dimension of central bank asset purchases. We show how the average maturity of central bank bond holdings has been evolving, a
June 7, 2017
Newly-elected President Moon Jae-in is following through on his campaign promise to use fiscal stimulus to boost job creation and the economy by propo
June 7, 2017
As expected, RBI kept the repo or policy rate at 6.25% at its June 7 MPC meeting, looking through below-target inflation since November 2016 to stress
June 6, 2017
Our first piece on the Phillips curves in the G-3 looks at the relationship between labor market slack and core inflation in the US, Japan and the Eur
June 5, 2017
Non-resident capital inflows to EMs are projected to increase by USD252 billion to USD970 billion in 2017' We look for a notable moderation in residen
June 1, 2017
In line with our expectation, yoy real GDP growth progressively fell to 7% in the quarter ending December 2016 and 6.1% in March 2017. The demonetizat
May 31, 2017
We estimate that non-resident portfolio inflows to emerging markets rose to USD21 billion in May All four EM regions saw portfolio inflows in May, wit
May 31, 2017
China has experienced massive capital outflows in the past two years, this vicious circle weakened economic confidence and heightened domestic financi
May 26, 2017
In the months since the election, the ability of Dollar moves to explain USD/CNY fixings is down sharply.' We interpret this regime change as a de fa
May 25, 2017
China's total debt (ex-financials) now tops 265% of GDP, marking a sharp rise from 140% in 2008. Heavily indebted non-financial corporates in China ar
May 25, 2017
Markets-just buy on dips Russia-the oil price conundrum China-downgrade highlights growing debt burden Brazil-spillovers for corporates? EM bank lendi
May 23, 2017
Foreign direct equity investment to six leading Asian economies, excluding China, are rebounding, as evident from recent trends, led by a turnaround i
May 22, 2017
The composite index for the 2017Q1 Emerging Markets Bank Lending Conditions Survey increased by 0.6pts to 48.6 in 2017Q1. The index remains below the
May 11, 2017
Mr. Moon Jae-in won the recent historic presidential election, ending the protracted political crisis culminating in the Constitutional Court upholdin
May 11, 2017
Markets - underpricing policy risk? Japan - our take from Tokyo France -' Can Macron build on his success? Turkey - credit impulse propels growth Egyp
May 9, 2017
We estimate a simple model that examines the role that Dollar direction plays in the fixing mechanism. Prior to Nov. 8, the fixing displayed asymmetry
May 5, 2017
There is a perception in the market that capital controls have helped balance China's capital flows. But experts that we talked to in Beijing were les
May 2, 2017
Emerging Asia's progressive opening-up to trade in goods, and more recently in services and financial flows, has brought prosperity to the region besi
May 1, 2017
We estimate that non-resident portfolio inflows to emerging markets were solid at USD21 billion in April All four EM regions saw portfolio inflows in