Entries for 'Asia Pacific'
August 31, 2017
Improved Performance Amid Challenges Our recent visit found the diversified economy lifted by a firming in both domestic and external demand, althoug
August 31, 2017
"¢ Markets-overlooking the risks "¢ How inflated are equity market valuations? "¢ Junk bond issuance goes boom "¢' EM rally taking on a more cautious
August 10, 2017
Markets-reassessing the pain trade Korea-facing heightened geopolitical concerns China-rebalance by trade, not trade wars EM Europe-financial conditio
August 10, 2017
The military threat from the North, following its stepped-up missile and nuclear development program, has gone well beyond the Korean peninsula to pos
August 8, 2017
The US trade deficit didn't deteriorate in the past decade.' The trade imbalance is much less of an issue for China, as it is declining relative to Ch
August 4, 2017
Parliament recently approved a small upward revision in the budget deficit for 2017 from the original target of 2.4% of GDP to 2.9%, but the outturn m
August 2, 2017
Passing Through Testing Times Our recent visit found President Moon's new government challenged by heightened external political tensions and pressur
August 2, 2017
Below-target inflation along with subdued manufacturing and investment prompted the Reserve Bank of India (RBI) to belatedly cut the repo or policy ra
July 28, 2017
Chief Minister Nitish Kumar of Bihar rejoins the BJP-led National Democratic Alliance (NDA). Strengthens Prime Minister Modi's hand in the run up to t
July 27, 2017
2H growth will face more policy headwinds, especially on fiscal front. Expect GDP growth at 6.7% in 2H and 6.8% for 2017. These f
July 25, 2017
In No Hurry to Alter Monetary Policy While policy rates have largely bottomed out in the region, the Asia Six central banks are likely to keep them a
July 20, 2017
Markets-still betting on liquidity China-more attractive for portfolio inflows Brazil-watch out for volatility in capital flows' South Africa-MPC cuts
July 6, 2017
We expect China's growth to stay robust in 2Q, growing at 6.9% y/y and beating consensus (6.8%) again. Our regression, using the PBoC quarterly survey
June 30, 2017
Remittances are key as they bolster domestic consumption and help shore up the current account. Concerns on remittance outlook have risen due to the o
June 29, 2017
Economy in Transition Our recent visit found GST implementation, urgency on banking cleanup and Air India privatization along with solid macro, but w
June 29, 2017
"¢' Markets-euro 1, dollar 0 "¢ Global Debt Monitor-no free lunch "¢ Mexico-clouded growth outlook "¢ India-moving forward on the banking cleanup "¢ R
June 28, 2017
The banking system is saddled with large stressed assets stemming from strained corporate balance sheets. Efforts in the past several years to resolve
June 22, 2017
Thus, the record low M2 should not daunt the PBoC's delever
June 22, 2017
Markets meander like a restless wind Oil slips-what next for high yield? Japan - lights and shadows UK - still sliding towards zero Hungary - further
June 22, 2017
Growth is slightly slower post-elections but robust, while exports have rebounded. Tax reform should allow greater development spending while limiting