Category: Macro Briefs
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Argentina Macro Brief: April 2025
Argentina is turning the page. Currency controls are out, the peso is floating and inflation is finally easing. The central bank has started cutting rates, IMF cash is flowing and reserves are building. Overseas card use is back, though capital controls on businesses remain – for now. Early moves toward digital finance hint at deeper…
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Indonesia Macro Brief: April 2025
Unemployment continues to fall across Indonesia, although the vast majority of employment is both informal and focused within primary industries. The introduction of GR8/2025, a revised Export Earnings Rule from GR36/2023 is expected to boost FOREX reserves by circa USD100Bn pa, but requires exporters of a wide range of primary industry products to retain 100%…
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China Macro Brief: April 2025
(Urban) unemployment remains roughly steady across China, while concerted efforts to foster growth in emerging industries aim to generate employment opportunities to replace those in industries experiencing contraction. Geopolitical tensions, and a careful plan to stabilise the economy against the impact of external shocks, see Beijing and the PBOC focusing on attracting foreign investment and…
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Brazil Macro Brief: April 2025
Stubborn inflation has prompted not one but two 100bps interest rate rises in the year so far, with the base rate now standing at its highest level since 2016 at 14.25%. The BCB is moving to align the Brazilian financial landscape with international standards with updated methodology and oversight requirements and proposals.… Read the rest
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Taiwan Macro Brief: April 2025
The financial landscape in Taiwan has remained stable over the past month. The Central Bank has maintained its monetary policy stance and continued to monitor credit markets and economic indicators. However, we have observed some key developments have shaped the economic outlook, including interest rate decisions, exchange rate trends, real estate lending controls and employment…
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South Korea Macro Brief: April 2025
South Korea has seen a series of financial and economic developments over the past month which has reflected in both domestic challenges and regulatory adjustments – all aimed at stabilising markets and sustaining economic momentum. The Bank of Korea (BOK) has taken strong steps to support growth. At the same time, the Financial Services Commission…
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India Macro Brief: April 2025
Overview. Over the past month, India has witnessed significant financial and regulatory changes impacting its banking sector, monetary policies, capital markets, and broader economic landscape. The Reserve Bank of India (RBI) has introduced liquidity measures, adjusted monetary policies, and revised lending guidelines, while the fiscal and employment outlook continues to evolve amid global and domestic…