EIDO News and Press, iShares MSCI Indonesia From 08/24/22

Summary Light vehicle sales in the Association of Southeast Asian Nations recorded about 250,000 units in July 2022, an increase of 53.0% compared with July 2021. The Association of Southeast Asian Nations region's light vehicle production in July 2022 posted significant growth of...

Despite a solid fundamental outlook, headwinds have been present. The commodity run-up has clearly benefited Latin American fiscal and external accounts. Given the political currents in the region, concerns surrounding the political outlook will likely remain at the forefront. ...

The economic weight of the APAC region is forecast to rise by 2040, underpinned by the economic expansion of mainland China, India, and the 10 Southeast Asian countries comprising ASEAN. This Eastern expansion has far-reaching implications for multinationals worldwide. Strong inve...

Indonesia’s labor reforms and its move up the mineral exports value chain will drive structural improvement in its external accounts. Indonesia’s metals export growth volume rose more than 40% year-over-year in 2021. We now hold a more constructive medium-term outloo...

Southeast Asia's power demand growth has averaged an impressive 5.7% annually from 2010 to 2019, making it one of the fastest-growing markets in the world. Southeast Asia's strong economic growth and accompanying high EIs are the key driving forces behind the large overall increase in...

Inflation has started to heat up in Indonesia but a solid external position should limit the impact on growth. Despite resorting to these policies, headline inflation has moved past the upper threshold of the central bank target as food prices and transport costs have risen. On th...

As inflation raged, central banks accelerated the pace of monetary policy tightening, aiming to slow the growth of aggregate demand and calm price pressures. In response to persistently high inflation and an upward drift in long-run inflation expectations, central banks are accelerati...

This research highlight summarizes the key impact papers and provides an overview the market signposts in Q2. Mainland China will continue to tighten its efficiency control over the energy-intensive industries as part of the key efforts to achieve carbon pledges. An unprecedented ...

EIDO is a financials-heavy fund with a portfolio of Indonesian stocks tilted towards large-caps. EIDO has underperformed IVV since my previous article but fared much better this year despite pressure on the IDR. The tactical outlook is somewhat soft given the central bank has post...

As we entered 2022, many emerging markets were already hurting due to higher commodity prices and rising interest rates; then a war in eastern Europe sent shock waves through the markets. The conflict in Ukraine likely bodes poorly for Eastern Europe more broadly, expanding beyond Rus...