China Rapid Response China Politburo Meeting (Apr. 2025) The meeting readout signalled that monetary policy easing is still on its way and that existing plans for fiscal spending will be accelerated. It stopped short of committing to additional deficit... 25th April 2025 · 3 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Apr. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The economies of Central and Eastern Europe are generally less exposed to higher US... 24th April 2025 · 1 min read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor (Apr. 2025) Despite the slump in the US dollar, outflows from EM capital markets have surged since President Trump’s Liberation Day tariff announcements. There have been tentative signs of stabilisation more... 24th April 2025 · 0 mins read
Global Economics Chart Pack Global Economics Chart Pack (April 2025) The latest data suggest that the world economy got off to a weak start in 2025 even before most tariffs were implemented. While tariff front-running provided a boost to global industrial activity and... 24th April 2025 · 1 min read
Australia & New Zealand Chart Pack ANZ Chart Pack (Apr. 2025) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. At first glance, Australia and New Zealand should be fairly insulated from the brunt of the US’s... 24th April 2025 · 1 min read
Climate Economics Update China green exports surge but tariff hit looms ahead The surge in China’s green exports to a new record high in March could be the final strong showing for a while given the escalation in US tariffs on all Chinese imports. However, green tech exporters... 23rd April 2025 · 2 mins read
Japan Economics Update Trade war not weighing on business confidence The available business surveys show that confidence hasn’t weakened after Liberation Day. However, with price pressures coming off the boil, the Bank of Japan will continue to tighten policy only... 23rd April 2025 · 3 mins read
China Economics Update Can China's domestic consumers take the place of US ones? Retail sales in China are more than ten times larger than the country’s exports to the US. As such, domestic goods consumption would only need to rise by a few percent over the next couple of years to... 22nd April 2025 · 4 mins read
Europe Economics Weekly Europe Weekly: ECB; pharma tariff front-running; France’s budget This week brought some evidence that front-running US tariffs boosted euro-zone industrial production in Q1, but this effect will of course be “transitory”. Meanwhile, statements from France’s finance... 17th April 2025 · 6 mins read
India Economics Weekly India Weekly: Pharma threat, tariff-front running, China dumping A US import levy on pharmaceuticals would be a blow to India’s economy but far from a fatal one: pharmaceuticals have been a longstanding strong-point in India's export sector but they have been... 17th April 2025 · 3 mins read
Emerging Europe Economics Weekly CBRT battling against capital outflows Turkey’s central bank (CBRT) delivered a hawkish surprise in raising its one-week repo rate to 46.00% today, which came against the backdrop of continued FX reserve losses and large capital outflows... 17th April 2025 · 6 mins read
Africa Economics Weekly Africa Weekly: SARB’s Monetary Policy Review, Nigeria Inflation The SARB’s Monetary Policy Review published this week set out plenty of upside risks to inflation, but it looks like some of the risks from VAT hikes and tariffs have diminished. With inflation likely... 17th April 2025 · 6 mins read
Asia Economics Weekly Tariff exemption boost, Singapore goes to the polls The recent US decision to exempt a range of electronics—including smartphones, semiconductors, and TVs—from tariffs offers temporary relief to Asian exporters, particularly Taiwan, where over 60% of... 17th April 2025 · 8 mins read
Middle East & North Africa Economics Weekly MENA Weekly: OPEC+, Saudi-US nuclear talks, Egypt-Qatar investment OPEC+’s new compensatory cuts appear to a sign of the larger Gulf states seeking to regain market share from the group’s overproducers. But a renewed fall in oil prices could derail these plans... 17th April 2025 · 6 mins read
China Economics Weekly China Weekly: US-China decoupling is going into overdrive The gradual unravelling of economic ties between the US and China over the past decade is now giving way to a much more abrupt and extreme rupture. Sky-high tariffs threaten a collapse in bilateral... 17th April 2025 · 6 mins read
Japan Economics Weekly Japan Weekly: Mr Akazawa goes to Washington While the Bank of Japan will probably cut its forecasts for GDP growth at its May meeting, we still expect the Bank to signal confidence in meeting its 2% inflation target on a sustained basis. Indeed... 17th April 2025 · 4 mins read
