Pantheon Publications
Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
Please use the filters on the right to search for a specific date or topic.
Kelvin Lam (Senior China+ Economist)
- Japan’s Q3 real GDP was weaker than expected, due to slower inventory growth and a rising deflator.
- Private domestic demand remains sluggish, with consumption and investment missing expectations.
- Interest rates will be kept low for longer, effectively delaying the end of the negative rate policy to Q2.
Kelvin Lam (Senior China+ Economist)China+
- Japan’s export growth moderated in October on softer demand from key markets
- China’s house price fall steepened in October, with renewed price fall observed in tier-one cities
Kelvin Lam (Senior China+ Economist)China+
- Chinese domestic demand is buttressed by fiscal support
- Japan's weak Q3 GDP adds to the BoJ's headaches
Kelvin Lam (Senior China+ Economist)China+
- China’s exports extended their downward trend inOctober, due to weak G7 and regional demand.
- That said, real export demand for certain goods remains healthy, taking price effects into account.
- The good news is that imports rose unexpectedly, likely on rising stimulus-related demand.
Kelvin Lam (Senior China+ Economist)China+
- Chinese auto sales picked up in October, in a positive sign for consumer demand....
- ...But sluggish sentiment and a still-high savings rate point to a tepid recovery in 2024.
- Producer prices fell in October, due to excess capacity and soft demand, at home and abroad.
Kelvin Lam (Senior China+ Economist)China+
- China resumes consumer price deflation in October and is dragged down by food and core prices
- Producer prices fall at a faster pace, thanks to volatility in global energy and commodity prices
Kelvin Lam (Senior China+ Economist)China+
- Producer prices fall at a faster pace, thanks to volatility in global energy and commodity prices
Kelvin Lam (Senior China+ Economist)China+
- China FX reserves fall for the third straight month as capital outflow continues
Kelvin Lam (Senior China+ Economist)China+
- China saw a smaller decline of $13.8B in its FX reserves, to $3,101B, in October...
- ...Thanks to a less significant valuation effect and lower capital outflows via the Stock Connects.
- We expect capital outflows to moderate in Q4 as fundamentals strengthen on stimulus measures.
Kelvin Lam (Senior China+ Economist)China+
- Falling Chinese exports indicate weak global demand; Japanese wages pick up slightly
Kelvin Lam (Senior China+ Economist)China+
- China's industrial profits posted a second straight month of growth in September.
- Revenue is growing faster than costs, as demand and pricing power improve.
- Industrial profits should continue to improve in Q4, due to a gradual rebound in domestic demand.
Kelvin Lam (Senior China+ Economist)China+
- Korean exports rise in October for the first time in 12 months
Kelvin Lam (Senior China+ Economist)China+
