China: Growth Inevitably Set to Flag as All Monetary Easing Proves Inefficacious
China's M2 is double the size of US M2, but further monetary easing futile amid capital flight and lack of credit demand amid deflation and over...
180 Views
Taiwan: Rates to Buck Global Loosening as Growth Stays Robust and Inflation Too High
Taiwan's RGDP growth outpaced the PRC's for the past 3 quarters, and inflation (2.52%YoY in Jul'24) will require a 12.5bp rate hike. Despite rich...
186 Views
India: Relief on Food Inflation Makes an Oct'24 Rate Cut Near-Certain
CPI inflation at 59-month low 3.5%YoY in Jul'24. We expect CPI inflation to average 4.2%YoY in Jul-Dec'24, less in H1CY25, hence expect policy...
143 Views
US Presidential Race Narrows, but Trump Still Likely to Win Without Congress Control
Presidential race tightens as Harris leads popular vote but Trump ahead in Electoral College. Divided government likely with energized Democratic...
214 Views
Japan: Normalizing Interest Rates as Nominal GDP Surges, Ending Deflation Era
Japanese interest rates are set to normalize amid robust nominal GDP. But a rebounding JPY (at ¥125/US$ by end'24) precludes further BoJ hikes,...
129 Views