Asia’s leverage issues are confined to certain pockets and are not an across-the-board concern
• Asia’s productivity performance has been solid across the board since 2000
• It is not an 'importless' recovery in the West – we expect external dem...
We see growth improving across the region, despite recent financial-market distress. Fretting over the growth outlook because of portfolio outflows is missing the point, in our view. We think more optimism is in order, as simultaneous growth in majo...
• We see growth improving across the region, despite recent financial-market distress. Fretting over the growth outlook because of portfolio outflows is missing the point, in our view. We think more optimism is in order, as simultaneous growth in ma...
To paraphrase Mark Twain, the reports of the death of EM bond markets have been greatly exaggerated. Increased global allocations to local EM bond markets have been not cyclical but primarily structural in nature, reflecting these markets’ rising ec...
Top 3 data/events
• Pakistan – PKR is under pressure due to declining FX reserves
• India – SIGMA provides a mildly bullish signal for duration in October
• Germany – PMIs suggest a healthy pick-up in factory orders
• Market focus
• BI and Bo...
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