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Global Economics Update Global manufacturing ends Q2 on a strong note Business surveys point to a reasonably strong expansion of global manufacturing activity in June and are consistent with a rebound in world GDP growth in Q2. However, while manufacturing output... 1st July 2014 · 1 min read
Global Economics Update Too early to stop worrying about deflation (except in the US) In its Annual Report, published at the weekend, the Bank for International Settlements (BIS) argued that “the risk of persistent and self-perpetuating disinflationary pressure is low” and that the... 1st July 2014 · 1 min read
Global Economics Update Euro-zone missing out on global recovery Preliminary business surveys for June suggest that global manufacturing activity is expanding at a moderate pace, thanks to a rebound in growth in the US and stabilisation in both China and Japan... 23rd June 2014 · 1 min read
Global Economics Update Three oil price scenarios from the Iraq crisis The situation in Iraq could play out in many ways. In a “good” scenario, the crisis would ease soon and there could even be some positive fallout for the region. (Our current forecast that Brent will... 20th June 2014 · 1 min read