Pantheon Macroeconomics

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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.

Kelvin Lam (Senior China+ Economist)

CHINA+ DATA WRAP 10 September 2024

In one line: China's exports buoyed by strong BRICS and EU demand

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, China, August

In one line: China's exports buoyed by strong BRICS and EU demand

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: FX Reserves, China, July

In one line: China’s foreign reserves climb in August amid weakening dollar and falling treasury yields

Kelvin Lam (Senior China+ Economist)China+

11 September 2024 China+ Monitor Chinese import demand sinks, reflecting torpid domestic demand

  • China’s exports surprised to the upside, thanks to a surge in EU and BRICS shipments and car demand.
  • Imports imploded, reflecting rapidly deteriorating domestic demand; more stimulus is needed.
  • Foreign exchange reserves rose in August due to a higher valuation effect on currency and bond assets.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, Korea, August

In one line: Korea’s exports rebound on a WDA basis despite slowing headline growth in August.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Official Non-Mfg PMI, China, August

In one line: China’s services sector rebounds after July’s bad weather, while construction index continues to dive.

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Official Mfg PMI, China, August

In one line: China's manufacturing sector hit by rapidly weakening demand in August

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 30 August 2024

In one line: Tokyo consumer inflation surprises on the upside, backing BoJ’s decision to hike.

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 27 August 2024

Stagnant profit growth amid China's sluggish demand and ample capacity

China’s MLF rate was unchanged as expected

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: MLF, China, August

In one line: China’s MLF rate was unchanged as expected

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: National CPI, Japan, July

In one line: Japan's inflation remains steady in July as energy prices rebound and core-core inflation eases

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 23 August 2024

Japan's inflation remains steady in July as energy prices rebound and core-core inflation eases

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 22 August 2024

BoK holds rate steady on financial stability worries; Japan's flash PMIs indicate better growth momentum in August, especially in services

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Flash Manufacturing PMI, Japan, August

In one line: Japan’s manufacturing activity shrinks at a slower pace in August, thanks to improvement in output and employment

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: BoK Decision, Korea, August

In one line: The Bank of Korea is in no rush to cut rates, likely to start its easing cycle in Q4

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 21 August 2024

Korea’s 20-day export growth fueled by lumpy ship exports and renewed EU demand.

Japan’s July export growth boosted by semiconductors gains and mixed regional demand

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: Exports, Japan, July

In one line: Japan’s July export growth boosted by semiconductors gains and mixed regional demand

Kelvin Lam (Senior China+ Economist)China+

China+ Datanote: 20 Day Exports, Korea, August

In one line: Korea’s 20-day export growth fueled by lumpy ship exports and renewed EU demand.

Kelvin Lam (Senior China+ Economist)China+

3 September 2024 China+ Monitor China's manufacturing sector still soft, as fiscal stimulus is diluted

  •  China’s August manufacturing PMIs remained at a low ebb, with a modest uptick in the Caixin gauge.
  • Weakening export orders suggest China cannot count on external demand to hit its growth target.
  • Falling special-bond funds for new project investment is dragging on infrastructure investment.
     

Kelvin Lam (Senior China+ Economist)China+

29 August 2024 China+ Monitor Potential rate cut delay looms as BoK assesses financial stability risk

  • An October cut is our base case, with a month’s delay if the BoK needs more time to monitor financial risks.
  • Korea’s 20-day export data indicate solid external demand for full-month August, due to the chip cycle.
  • Renewed EU demand more than offset slowing ASEAN exports; China is the biggest downside risk.

Kelvin Lam (Senior China+ Economist)China+

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