The Bank of East Asia

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Special Report
Market Monitor
November 2022
Mainland China’s economy rebounded from the pandemic-hit trough of Q2, driven by enhanced policy support, though it remains clouded by the ongoing pandemic, a prolonged property market correction, and a global economic slowdown …
November 2022
Hong Kong’s economy recorded a worse than expected contraction in Q3 2022. Despite the government relaxing pandemic control measures and disbursing another round of consumption vouchers, Hong Kong’s economic recovery was still held back by the pandemic …
November 2022
The UK economy recorded a worse than expected 0.3% month-on-month (MoM) drop in August, after a downwardly revised 0.1% growth in July. Key economic sectors saw diverging performances in August …
November 2022
In Q3 2022, US GDP expanded at an annualised rate of 2.6% quarter on quarter (QoQ), following a 0.6% decline in Q2. The rebound in Q3 was mainly attributable to smaller trade deficits, as exports rose by an annualised 14.4% QoQ …
November 2022
Amid the ongoing Russia-Ukraine war and the sharp reduction of gas supply from Russia, the European Union (EU) is facing immense pressure to manage the energy crisis for the coming winter through multilateral negotiations. …