ANZ
June 25, 2026
Asia Economic Outlook
Quarterly UpdateEquitiesRates Govt BondsFXInformation TechnologyEnergy
The Q3 2026 Asia Economic Outlook highlights how the semiconductor-led 'tech supercycle' is shielding several Asian economies from the residual effects of the Middle East conflict. Central banks across the region are signaling a pivot toward tighter monetary policy to address rising inflation.
Key Takeaways
- 1.The global tech supercycle is significantly offsetting economic headwinds from the Middle East conflict in Asian markets.
- 2.Monetary policy across the region is shifting toward tightening as growth becomes more secure and inflation pressures build.
- 3.Indonesia and the Philippines remain the region's main exceptions to the growth resilience, with weaker macro positions and external pressures.
Table of Contents
- Regional Overview
- Economic and Financial Market Forecasts
- Mainland China
- India
- Indonesia
- Malaysia
- The Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Contacts
- Important Notice
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Authors
Sanjay MathurKhoon Goh
Securities
USD/CNYUSD/IDRUSDINR
Themes
Tech SupercycleMonetary Policy NormalizationInflationary Pressures
Regions
Asia PacificChinaIndiaIndonesia
