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.
Duncan Wrigley
The PBoC keeps the MLF rate on hold, despite slowing credit growth
Duncan WrigleyChina+
Disappointing credit data point to undercooked domestic demand, despite fiscal stimulus
Duncan WrigleyChina+
- China’s marked fall in exports in March highlights the need to boost domestic demand.
- After factoring out base effects and seasonality, exports are probably enjoying a modest rebound.
- The equipment & consumer goods trade -in schemes should be significant, despite slow policymaking.
Duncan WrigleyChina+
- China’s GDP growth should increase slightly in Q1 quarter-to-quarter, but severe imbalances persist.
- A robust industrial sector contrasts with plunging new-property sales and flat consumption activity.
- Policy support for consumer goods trade-ins and equipment upgrades should be incrementally helpful.
Duncan WrigleyChina+
Japan's broad wage growth still lacklustre
Duncan WrigleyChina+
- The BoK will probably hold the policy rate steady on Friday, amid stubborn inflation and KRW pressure.
- The March manufacturing PMI points to sluggish domestic demand but rising cost pressures.
- Exports are riding a firming rebound, thanks to high-end- chip demand related to AI.
Duncan WrigleyChina+
PMIs point to services sector buoyancy in China and Japan
Duncan WrigleyChina+
Chinese manufacturing demand improves after the Lunar New Year holiday
Duncan WrigleyChina+
Korean exports propelled by resurgent semiconductor shipments
Duncan WrigleyChina+
Post-holiday improvement in Caixin, Korean PMIs; Japanese Tankan fades; Korean exports sustain recovery trend
Duncan WrigleyChina+
- China’s March official and Caixin manufacturing PMIs were both above 50 for the first time since September.
- A strong industrial sector is generating demand for business services too.
- But the lacklustre labour market and dismal property sector will limit the speed of China’s recovery.
Duncan WrigleyChina+