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4 Sept 2019 A Japanese Stimulus Package is on its Way, but not a Rate Cut (Publication Centre)

The BoJ has no good options, and its leeway for changes to existing policy instruments is limited.

5 Mar 2020 Does the Fed's Cut Open the Asian Floodgates for Rate Reductions (Publication Centre)

The Fed's unscheduled 50bp cut on Tuesday opens up some space for Asian central banks to follow suit.

6 Aug 2019 How Credible are China's Threats in Response to Trade War Escalation? (Publication Centre)

We've always said that China's first weapon, should the trade war escalate, is to do nothing and allow the RMB to depreciate.

6 Mar 2020 Bad to Worse for Korea's Q1, but MERS Shows Rebound Potential (Publication Centre)

The rapid escalation of Covid-19 cases in Korea in recent weeks has broadened the likely damage to the economy this quarter.

4 Mar 2020 Revisions Aside, India's Q4 GDP isn't Worrying, nor is the Virus Risk (Publication Centre)

India's GDP report for the fourth quarter surprised to the upside, with the economy growing by 4.7% year-over-year, against the Bloomberg median forecast of 4.5%.

3 May 2019 Is Japan MMT-ing Sort of, but this Prescription was Aimed at the U.S. (Publication Centre)

Modern Money Theory has come up at two consecutive BoJ press conferences.

16 Sept 2019 Japan's Domestic Demand Holding up Thanks to Services, it Won't Last (Publication Centre)

Japan's tertiary index edged up 0.1% month-on-month in July, after the 0.1% decrease in June.

17 September 2018 China's August Activity Headlines are Misleading on Multiple Counts (Publication Centre)

The headlines of China's August activity data are missing the real story in recent months.

2 Jan 2020 China's PMIs Highlight Weakening Non-manufacturing Sector (Publication Centre)

China's official manufacturing PMI was unchanged at 50.2 in December, marking a weak end to the year. But it could have been worse; we had been worried that the return to above-50 territory in November had been boosted by temporary factors. December's print allays some of those fears.

21 November 2018 Korean PPI Points to Cascading Drops in Inflation Elsewhere in Asia (Publication Centre)

PPI inflation in Korea slowed sharply in October, to a five-month low of 2.2%, from 2.7% in September.

1 July 2019 Trade Talks Back on, this Time, Expect a Deal, Both Sides Need One (Publication Centre)

The outcome of the Trump-Xi meeting at the G20 summit was as good as we expected.

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