Daily BriefsMacro

Macro: Asia Inflation: Central Banks In No Rush to Tighten and more

In today’s briefing:

  • Asia Inflation: Central Banks In No Rush to Tighten, Evinced by RBI’s Hawkish Pivot
  • CX Daily: Metaverse Trailblazers Hope To Make Real Money From Virtual People
  • Axis Multi-Asset Strategy: Focus on Asset Allocation to Maximize Returns in FY23

Asia Inflation: Central Banks In No Rush to Tighten, Evinced by RBI’s Hawkish Pivot

By Nicholas Chia

  • The pro-growth emphasis is still evident across Asia’s central banks, evinced by RBI’s hawkish pivot even as it intends to commence the “withdrawal of accommodation”.
  • Governments are also stepping up to dull the impact of oil price hikes, taking the heat off central banks to tighten prematurely.
  • Prudent policymakers in Asia has kept inflation under control, in contrast to the recent economic blow-ups in such EMs as Sri Lanka, Turkey, Pakistan and Brazil.

CX Daily: Metaverse Trailblazers Hope To Make Real Money From Virtual People

By Caixin Global

  • In Depth: Metaverse trailblazers hope to make real money from virtual people

  • Caixin Explains: Why China needs an overarching financial stability law

  • 13 officials punished after investigation into case of ‘caged woman’


Axis Multi-Asset Strategy: Focus on Asset Allocation to Maximize Returns in FY23

By Axis Direct

  • Covid-19 Update: Caseload continued to decline in Mar’22 – After the accelerated rise witnessed in mid-Jan’22, Covid-19 cases in India declined throughout Mar’22
  • High-frequency indicators: Marginal moderation in lead indicators – Google Mobility Data has displayed a revival towards pre-pandemic levels, with Covid-19 concerns receding
  • Equities: Sector rotation is the key, Earnings Commentary Critical! – Mar’22 proved to be an eventful month with the rise in volatility, led by the prevailing geopolitical crisis as well as the US FED meeting and election results

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