Asia/Pacific Weekly Preview: Asia – Macro Catalysts: Three Hikes and Two Holds

Research evidence excerpt

Asia/Pacific Weekly Preview: Asia – Macro Catalysts: Three Hikes and Two Holds

Idea

June 12, 2026 11:20 AM GMT

Morgan Stanley Asia (Singapore) Pte.+MAsia/Pacific Weekly Preview | Asia Pacific Derrick Y Kam

Asia Economist

Asia – Macro Catalysts: Three Derrick.Kam@morganstanley.comMorgan Stanley Asia Limited+ +65 6834-8272

Robin Xing

Chief China EconomistHikes and Two Holds Robin.Xing@morganstanley.com +852 2848-6511

We expect the BoJ, BI, and BSP to raise policy rates 25bp, while Morgan Stanley MUFG Securities Co., Ltd.+

Takeshi Yamaguchi

Chief Japan Economistthe RBA and CBC keep rates unchanged. China's May production

Takeshi.Yamaguchi@morganstanleymufg.com +81 3 6836-5404

data will likely pick up modestly thanks to stronger exports, but

investment remains weak and retail sales may turn negative as Morgan Stanley India Company Private Limited+

Upasana Chachra

Chief India Economistthe trade-in program's effectiveness fades.

Upasana.Chachra@morganstanley.com +91 22 6118-2246

Key Takeaways Morgan Stanley Asia Limited+

Kathleen Oh

We provide a list of macro catalysts across Asia for June 15-21. Chief Korea/Taiwan Economist

Kathleen.Oh@morganstanley.com +852 2848-7340

We expect the BoJ to hike rates to 1.0% and maintain JGB purchase amounts from

April 2027. Morgan Stanley Australia Limited+

Chris Read

We expect BI and BSP to hike rates another 25bps, while the RBA and CBC keep Equity Strategist and Australia Economist

Chris.Read@morganstanley.com +61 2 9770-1513

rates unchanged.

Morgan Stanley Asia Limited+

China's May production data to pick up thanks to stronger exports, but

Jonathan Cheung

investment momentum remains weak. Economist

Jonathan.Cheung@morganstanley.com +852 2848-5652

China's May retail sales should turn negative with the fading effectiveness of the