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PANTHEON EM ASIA DATA WRAP 8 December 2023
The RBI still isn't showing any appetite for normalisation
PANTHEON EM ASIA DATA WRAP 9 January 2024
The fledgling U-turn in Philippine sales is already losing steam
PANTHEON EM ASIA DATA WRAP 5 January 2024
India December Services PMI, Singapore November Retail Sales, Thailand December CPI, Philippines December CPI
PANTHEON EM ASIA DATA WRAP 2 January 2024
Singapore Q4 GDP, ASEAN December PMI, Indonesia December CPI
PANTHEON EM ASIA DATA WRAP 14 December 2023
The seven-month bout of WPI deflation in India comes to an end
PANTHEON EM ASIA DATA WRAP 12 December 2023
Don't worry too much about the October crash in Philippine exports
PANTHEON EM ASIA DATA WRAP 11 December 2023
Encouraging start to Q4 for Indonesian retail sales, but dark clouds loomWeak start to Malaysian private consumption in Q4
PANTHEON EM ASIA DATA WRAP 7 December 2023
Deflation in Thailand will stay for at least one more monthA reminder that any recovery in Philippine domestic demand will be bumpy
PANTHEON EM ASIA DATA WRAP 17 January 2024
Singaporean export growth in December falls on weak electronics
PANTHEON EM ASIA DATA WRAP 5 December 2023
India's PMIs are entering 2024 with waning momentumWeak start to Singaporean retail sales in Q4Target inflation in the Philippines is around the corner
PANTHEON EM ASIA DATA WRAP 1 December 2023
ASEAN Manufacturing PMI, India Manufacturing PMI, Indonesia CPI
PANTHEON EM ASIA DATA WRAP 27 November 2023
ASEAN is carrying the nascent recovery in Thai exports on its back
PANTHEON EM ASIA DATA WRAP 23 November 2023
Inflation in Singapore spikes on base effects and record COEs
PANTHEON EM ASIA DATA WRAP 20 November 2023
A massive, but perverse, net trade boost saves Thai Q3 GDP from a complete car crashExport growth in Malaysia jumps even, as it remains flat in nominal terms
PANTHEON EM ASIA DATA WRAP 17 November 2023
Momentum in Singaporean exports builds, supported by base effects
PANTHEON EM ASIA DATA WRAP 9 November 2023
Philippines GDP, Philippines Net Sales, Indonesian Retail Sales
PANTHEON EM ASIA DATA WRAP 7 November 2023
Proof that the BSP's out-of-cycle rate hike was rashThe Philippines' smallest deficit in almost a year isn't exactly good news
PANTHEON EM ASIA DATA WRAP 6 November 2023
Indonesia's Q3 GDP miss is worse than it looksThe government's fuel price cuts brings about deflation in Thailand
PANTHEON EM ASIA DATA WRAP 15 January 2024
Indonesian exports are improving, but demand still isn't firing on all frontsPlenty of reassuring details from India's December WPI
PANTHEON EM ASIA DATA WRAP 10 January 2024
Indonesian sales growth is barely keeping its head above waterA welcome widening of the Philippines' trade deficit in November
PANTHEON EM ASIA DATA WRAP 19 January 2024
Weak external demand drags on Malaysian manufacturing in Q4A particularly weak ending to 2023 for Malaysian exports
PANTHEON EM ASIA DATA WRAP 6 February 2024
Philippine inflation is now firmly within the BSP's 2-to-4% target range
PANTHEON EM ASIA DATA WRAP 14 March 2024
Indonesian retail sales growth remains well below average, despite the January bounceUpstream core inflation in India is still MIA; great
PANTHEON EM ASIA DATA WRAP 5 March 2024
Singapore January Retail Sales, Thailand February CPI, Philippines February CPI
PANTHEON EM ASIA DATA WRAP 1 March 2024
Thank the labour market for the six-month high in ASEAN's PMINon-core factors lead a February bounce in Indonesian inflation
PANTHEON EM ASIA DATA WRAP 23 February 2024
Singaporean inflation is likely to pick up in February but overall disinflationary path is intact Malaysian core inflation continues to moderate in Janaury
PANTHEON EM ASIA DATA WRAP 19 February 2024
Import bounce hits Thailand's Q4 hard, but this is no reflection of healthy domestic demand
PANTHEON EM ASIA DATA WRAP 16 February 2024
Still waiting on Indonesian retail sales to show any real signs of lifeSingaporean export growth leaps in Janaury, but any celebration would be premature
PANTHEON EM ASIA DATA WRAP 7 February 2024
The H2 recovery in Philippine sales lost a lot of upward momentum in Q4
PANTHEON EM ASIA DATA WRAP 8 February 2024
Cracks are emerging in the RBI's unityDiscretionary spending over the holidays boosts Malaysian sales growth in December
PANTHEON EM ASIA DATA WRAP 5 February 2024
Indonesia Q4 GDP, Singapore December Retail Sales, Thailand January CPI
PANTHEON EM ASIA DATA WRAP 31 January 2024
The Philippines' slowdown resumes, but less dramatically than expected
PANTHEON EM ASIA DATA WRAP 1 February 2024
An encouraging, but most likely temporary, bounce in ASEAN manufacturingYet another reassuring below-consensus drop in Indonesian core inflation
PANTHEON EM ASIA DATA WRAP 26 January 2024
A welcome two-sided improvement, but Thai net trade should hit Q4 GDPDon't be fooled by the apparent recovery in Philippine exports
Moorthy Krshnan
Moorthy joined Pantheon in 2022 with several years' experience in independent macro research. He focuses on Emerging and North-East Asia.Prior to joining Pantheon, Moorthy worked at Oxford Economics in the Macro-forecasting team, where he covered economics in South and South-East Asia. Moorthy holds undergraduate degrees in Economics from the National University of Singapore and the University of North Carolina (Chapel Hill) and a master's degree from the LSE.
Miguel Chanco
Miguel Chanco helps to produce Pantheon's Asia service, having covered several parts of the region for nearly ten years. He was most recently the Lead Analyst for ASEAN at the Economist Intelligence Unit. Prior to that role, Miguel focused on India and frontier markets in South Asia for Capital Economics and BMI Research, Fitch Group.
About Us
Pantheon Macroeconomics aims to be the premier provider of unbiased, independent macroeconomic research to financial market professionals around the world
Pantheon Macroeconomics U.S. Economy Discussion with Ian Shepherdson
CFA Sweden hosting Pantheon Macroeconomics
CNBC The Fed is addressing the inflation rate
Ian Shepherdson, Pantheon Macroeconomics chief economist, and Vinay Pande, UBS Global Wealth Management head of trading strategies, join "Squawk on the Street" to discuss their forecast for the markets amid strong jobs data.
CNBC - The industrial economy is soft but the consumer is strong: Portfolio manager
Ellen Hazen, portfolio manager at F.L. Putnam Investment Management, and Ian Shepherdson, chief economist at Pantheon Macroeconomics, join "Squawk Box" to discuss the markets and the economy as the Fed gets set to kick off its two-day meeting on rates.
Bloomberg - BlackRock's Mateos Y Lago Says Learn to Live With Trade Deal Uncertainty
Isabelle Mateos Y Lago, official institutions group deputy head at BlackRock, and Freya Beamish, chief Asia economist at Pantheon Macroeconomics, discuss U.S.-China trade concerns and their impact on investing. They speak with Lisa Abramowicz on "Bloomberg Surveillance."
CNBC - British public stuck with two 'dreadful' candidates for prime minister, economist says
Ian Shepherdson, chief economist at Pantheon Macroeconomics, told CNBC's "Squawk Box Europe" on Wednesday that the televised debate between Johnson and Corbyn had been "disappointing."
CNBC - Hard to see how US and China get to any kind of deal at this stage...
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, outlines her expectations from the impending Sino-U.S. trade talks.
Bloomberg - Economist Shepherdson Sees 'Perfect Storm-ette' Coming for Earnings
Ian Shepherdson, chief economist at Pantheon Macroeconomics, explains the issues he sees looming over corporate earnings. He speaks on "Bloomberg Surveillance."
Bloomberg - U.S. Economy 'Slowing for Sure' Into 4Q, Economist Shepherdson Says
Ian Shepherdson, chief economist at Pantheon Macroeconomics, examines the state of the U.S. economy. He speaks with Bloomberg's Tom Keen on "Bloomberg Surveillance."
Bloomberg - Trump to Face GOP Pushback on Consumer Goods Tariffs: Economist
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, and Christian Schulz, economics team director at Citigroup, discuss President Donald Trump's trade tariffs and their impact on the Chinese and U.S. economies.
Bloomberg - Pantheon Economist Sees Inflation Rising in Euro Zone
Claus Vistesen, Pantheon Macroeconomics chief euro zone economist, discusses the outlook for the euro-zone economy in 2018 with Bloomberg's Scarlet Fu and Joe Weisenthal on "What'd You Miss?"
CNBC - Tariffs is the big worry, says Pantheon Macroeconomic's Ian Shepherdson
Julian Emanuel of BTIG and Ian Shepherdson of Pantheon Macroeconomics joins 'Squawk Box' to discuss markets ahead of the open.
CNBC - Approving US fiscal stimulus is completely crazy: Pantheon
Ian Shepherdson, chief economist at Pantheon Macroeconomics, discusses the impact of recent market volatility and fiscal reform in the U.S.
Bloomberg - Shepherdson Concerned About Inflation Risk
Ian Shepherdson, Pantheon Macroeconomics founder and chief economist, discusses the outlook for the global economy with Bloomberg's Julie Hyman, Joe Weisenthal and Scarlet Fu on "What'd You Miss?"
Bloomberg - Pantheon's Shepherdson Says Inflation Killed Sep. Hike
Ian Shepherdson, chief economist at Pantheon Macroeconomics, and Krishna Memani, chief investment officer at OppenheimerFunds, discuss the impact of low inflation on the Federal Reserve's rate path.
Bloomberg - Pantheon Chief Economist Worries Wages May Pressure Fed
Ian Shepherdson, chief economist at Pantheon Macroeconomics, discusses the impact of improving wage growth and inflation on the Federal Reserve ahead of today's February jobs report. He speaks on "Bloomberg Surveillance."
Bloomberg - Pantheon Economist Says Markets Are 'Pivoting Towards a Nasty Fiscal Story'
Claus Vistesen, Pantheon Macroeconomics chief euro zone economist, discusses how volatility has impacted the bond market.
Duncan Wrigley
Duncan produces the China+ Service for Pantheon, covering China, Japan and Korea. He was previously Chief Strategist at Everbright Securities International.
Melanie Debono
Melanie joined Pantheon in 2021 with nearly a decade's experience in independent economic research. She focuses on the Eurozone, with particular emphasis on Italy and Spain, and also covers Switzerland and SNB policy.
Oliver Allen
Oliver joined Pantheon in January 2024 to focus on the U.S. economy. Oliver brings several years' experience in independent macro research
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Andres Abadia
Andres Abadia authors our Latin American service. Andres is a native of Colombia and has many years' experience covering the global economy, with a particular focus on Latin America. In 2017, he won the Thomson Reuters Starmine Top Forecaster Award for Latam FX.Andres's research covers Brazil, Mexico, Argentina, Chile, Colombia, Peru and Venezuela, focusing on economic, political and financial developments. The countries of Latin America differ substantially in terms of structure, business cycle and politics, and Andres' researchhighlights the impact of these differences on currencies, interest rates and equity markets. He believes that most LatAm economies are heavily influenced by cyclical forces in the U.S. and China, as well as domestic policy shocks and local politics. He keeps a close eye on both external and domestic developments to forecast their effects on LatAm economies, monetary policy, and financial markets.Before starting to work at Pantheon Macroeconomics in 2013, Dr. Abadia was the Head of Research for Arcalia/Bancaja (now Bankia) in Madrid, and formerly Chief Economist for the same institution. Previously, he worked at Ahorro Coporacion Financiera, as an Economist.Andres earned a PhD in Applied Economics, and a Masters Degree in Economics and International Business Administration from Universidad Autónoma de Madrid, and a BSc in Economics from the Universidad Externado de Colombia.
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We are pleased to announce that our Chief U.K. Economist, Samuel Tombs, was ranked the most accurate forecaster of the U.K. economy in 2018 by The Sunday Times.
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CNBC - BOJ recognizes that 2 percent inflation target is a long way off:...
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, analyses the latest monetary policy moves from the Bank of Japan.
Bloomberg - China Has Limited Space for 'Fiscal Bazooka,' Economist Beamish Says
Freya Beamish, Chief Asia economist at Pantheon Macroeconomics, discusses the Chinese government's ability to provide economic stimulus. She speaks on "Bloomberg Surveillance."
CNBC - Economy and profits are on a silver platter for investors, says pro
Ryan Payne, Payne Capital Management president, and Ian Shepherdson, Pantheon Macroeconomics founder and chief U.S. economist, discuss what to expect for the markets and economy after a shaky October.
Bloomberg - Beamish on Inflation in Asia, PBOC, Fed
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, discusses the lack of inflation in Asia, PBOC policy and China's economy.
Bloomberg - Economist Shepherdson Sees Dollar as Drag on Goods Prices
Ian Shepherdson, chief economist at Pantheon Macroeconomics, discusses the dollar's impact on inflation and markets "overdoing" inflation and recession fears. He speaks on "Bloomberg Surveillance."
Bloomberg - Macron Suspends Planned Fuel-Tax Hike as Protests Rage
Ian Shepherdson, chief economist at Pantheon Macroeconomics, examines the French government's move to suspend a planned fuel-tax hike that sparked three weeks of protests.
Bloomberg - 'Can't Expect Too Much' From Early U.S.-China Trade Talks, Says Beamish
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, discusses U.S.-China trade talks and the domestic state of the Chinese economy. She speaks with Francine Lacqua on Tom Keene on "Bloomberg Surveillance."
CNBC - Here's why this economist says the shutdown will erase all Q1 growth
Ian Shepherdson, Pantheon Macroeconomics founder and chief U.S. economist, joins "Squawk Box" to discuss how the partial government shutdown is impacting the economy.
BBC - Freya Beamish Discussing US-China Trade Talks
Freya Beamish, Chief Asia economist at Pantheon Macroeconomics, discussing US-China Trade Talks with Philippa Thomas on BBC World
NBC NEWS - Jobs up, inflation down: Challenge to policy makers?
As job growth surges, wages and inflation remain low. Discussing this trend, with Ian Shepherdson, Pantheon Macroeconomics, CNBC's Michelle Caruso-Cabrera and Steve Liesman.
CNBC - Chinese economy at risk of overstimulation, strategist says
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, discusses the Chinese economy.
We're probably, maybe, just past the peak of inflation, says Pantheon Macroeconomics' Shepherdson
Chief U.S. Economist Ian Shepherdson on CNBC
Business Insider - Rising housing inventory will accelerate a 20% plunge in home prices as a meaningful recovery 'is still miles away,' Pantheon Macro says
Senior U.S. Economist Kieran Clancy on U.S. House Prices
City A.M. - Pantheon: Investment slump on Bank of England's rate hikes will deepen UK recession
Chief U.K. Economist Samuel Tombs discussing U.K. Corporate debt levels & investment
CNBC - Impact of debt deal on the economy likely modest
Ian Shepherdson, chief U.S. Economist at Pantheon Macroeconomics, goes over the probable impact of the U.S. debt deal on the economy.
Bloomberg - Italy Exiting Eurozone Unlikely at This Point, Shepherdson Says
Ian Shepherdson, chief economist at Pantheon Macroeconomics, discusses Italy's budget and deficit and the potential for the nation to leave the Eurozone.
BLOOMBERG - Two decades to unwind from '08 crash: Ian Shepherdson
Ian Shepherdson, founder and chief economist at Pantheon Macroeconomics, discusses low job growth, the continuing recovery from the financial crisis and the state of the U.S. economy. He speaks on "Bloomberg Surveillance."
CNBC - US is in a stronger negotiating position than China on trade...
Ian Shepherdson, Pantheon Macroeconomics, and Said Haidar, Haidar Capital Management, discuss the market, economic and geopolitical impacts of the Trump administration's trade actions.
CNBC - Fed will hike rates in June, regardless of jobs data
Ian Shepherdson, chief economist at Pantheon Macroeconomics, speaks about how the U.S. Federal Reserve will react to the latest jobs data.
CNBC - Fed's Powell 'bullish on growth," says economist
Ian Shepherdson, Pantheon Macroeconomics founder and chief U.S. economist, provide insight to the broader markets and interest rates ahead of the FOMC meeting.
Softer February survey data in the Eurozone
Pantheon Macroeconomics Chief Eurozone economist Claus Vistesen discusses the latest survey data and political developments in the Eurozone economy.
CNBC - Asset prices 'hugely over-inflated' everywhere
Ian Shepherdson, Pantheon Macroeconomics, and Erik Knutzen, Neuberger Berman, provide insight to the markets ahead of the FOMC meeting.
CNBC - August payrolls should be strong
August could be the month to break the mold with regards to payroll figures, Ian Shepherdson, chief economist at Pantheon Macroeconomics, said.
Al Jazeera - EU-Japan free trade
EU-Japan free trade: Japan and the European Union agreed on an outline for a massive trade deal this week that will rival the size of NAFTA, the free trade accord that the United States has with Canada and Mexico, currently the largest one in the world. Claus Vistesen, the chief eurozone economist with Pantheon Macroeconomics, assesses what's in the agreement and why it matters (19mins 10 secs).
CNBC - The market doesn't think the Fed will be able to raise rates five times...
Freya Beamish, chief Asia economist at Pantheon Macroeconomics, analyses the latest monetary policy moves from the Bank of Japan.
CNBC - March rate hike 'as done as it gets': Ian Shepherdson
Ian Shepherdson, chief economist at Pantheon Macroeconomics, discusses the possibility of 4 interest rate hikes in 2017
DUKASCOPY TV - Claus Vistesen discussing how the ECB will respond to missed IMF payment
Pantheon Macroeconomics Chief Eurozone Economist Claus Vistesen discusses how the ECB will respond to the missed IMF payment yesterday.
Bloomberg - Ian Shepherdson Sees Trump Confusion on U.S. Dollar
Ian Shepherdson, founder and chief economist at Pantheon Macroeconomics, and Paul De Grauwe, London School of Economics professor and former Belgian MP, talk about confusion surrounding the Trump administration's approach to the U.S. dollar.
Bloomberg - Monte Paschi Proceeds With Capital Plan
Banca Monte dei Paschi di Siena SpA will step up efforts to win investors for an expanded debt-to-equity swap over the coming days, pressing ahead with a 5 billion-euro ($5.3- billion) capital increase as its options to avoid a state rescue dwindle. Pantheon Macroeconomics Chief Euro Zone Economist Claus Vistesen weighs in on "Bloomberg Daybreak: Americas."
IG - US labour market driving the need for a rate rise from the Fed
Dr Ian Shepherdson, chief economist at Pantheon Macroeconomics, says that while US rates will rise by 0.25% on 14th December, the central bank needs to continue to move rates up or wages will spiral up out of control.
Bloomberg - Shepherdson: Fed at 2% Next Year on Five Rate Hikes
Ian Shepherdson, founder at Pantheon Economics, discusses rising U.S. inflation expectations and his outlook for the Federal Reserve in response to President-Elect Donald Trump's economic plan. He speaks on "Bloomberg Surveillance."
CNBC - D-Day for Draghi
Ian Shepherdson, Pantheon Macroeconomics, provides insight to the European Central Bank's path and whether to expect Mario Draghi to announce additional stimulus.
BLOOMBERG - Has the Crash in Oil Prices Fueled Consumer Spending?
Ian Shepherdson, Pantheon Macroeconomics chief economist, discusses the economic impact of falling oil prices with Bloomberg's Joe Weisenthal and Scarlet Fu
BLOOMBERG - Markets are telling Yellen it's time to move
Ian Shepherdson, founder at Pantheon Macroeconomics, and Jeff Saut, chief investment strategist at Raymond James, look forward to a potential Federal Reserve rate hike on December 16 and how markets and the U.S. economy may react in the year ahead.
Bloomberg - Fed May Bring Hot, Volatile Summer, Says Shepherdson
Ian Shepherdson, founder at Pantheon Macroeconomics Ltd., discusses the Federal Reserve's rate hike pattern and how it can provide a summer surprise to markets. He speaks with Bloomberg's Mark Barton on "Bloomberg Surveillance."
