Commodities Update How vulnerable are European gas supplies to the Ukraine crisis? Today’s announcement that both sides have agreed on a ceasefire should help to ease tensions inUkraine and move the government and rebels towards a sustainable peace deal. Admittedly, we havealready... 5th September 2014 · 1 min read
Middle East & North Africa Economics Update Is Dubai now over its debt problems? The past month has brought further news that Dubai’s government-related entities, which were at the heart of the Emirate’s crisis in 2009, are tackling their debt problems. But while these latest... 4th September 2014 · 1 min read
Commodities Update Thai rice prices likely to come off the boil The rebound in the price of Thai rice over the last few months has been driven by the suspension ofgovernment sales and reinforced by the recent stock write-offs. However, Thailand’s rice stocks... 2nd September 2014 · 1 min read
Commodities Chart Pack Oil prices fall out of their comfort zone Many commodity prices, with the exception of oil, were rangebound in Augustas optimism about the US economy was countered by renewed concerns aboutChina and Ukraine. Meanwhile, the strength of the US... 1st September 2014 · 1 min read
Energy Watch Geopolitical tensions no barrier to lower oil prices Recent headlines have focused on the latest escalation in the conflict in Ukraine or with the Islamic State. However, these conflicts have had little impact on oil output in key producers. In this... 29th August 2014 · 1 min read
China Economics Update Renminbi regaining lost ground Renminbi appreciation is back in full swing but upwards momentum in Chinese equities appears to have faltered in August following a string of weak data releases. 29th August 2014 · 1 min read
Africa Chart Pack Weaker growth looms for twin deficit countries Ghana’s authorities bowed to the inevitable earlier this month by formally requesting assistance from the IMF in dealing with the country’s enormous twin budget and current account deficits. This... 29th August 2014 · 1 min read
Latin America Chart Pack Mexico turning the corner The past month has brought signs that Mexico’s economy is finally turning the corner. latestdata suggest that the Mexican economy has turned the corner. GDP expanded by a seasonally-adjusted 1.0% q/q... 28th August 2014 · 1 min read
Middle East & North Africa Chart Pack Dubai's GREs slowly tackling their debt problems Over the past month Dubai’s government-related entities (GREs), which were at the heart of the Emirate’s crisis in 2009, have made further efforts to tackle their huge mountains of debt. The recovery... 28th August 2014 · 1 min read
Commodities Update Gold price unlikely to rally on seasonal factors alone This is the time of year when the gold price is traditionally assumed to be boosted by a seasonal pick-upin demand. Some months have tended to see larger changes in the price of gold than others, but... 28th August 2014 · 1 min read
Commodities Update Will the gold price continue to stagnate? The current strength of equity prices has left gold in the shade and we are lowering our price forecastsfor the precious metal accordingly. But we still expect the positives to outweigh the negatives... 27th August 2014 · 1 min read
Emerging Europe Economics Update Drop in oil prices underscores Russia’s vulnerabilities The fall in oil prices over the past month poses another headwind for Russia’s struggling economy. The drop in prices is unlikely to have a major bearing on the outlook for the rest of this year –... 22nd August 2014 · 1 min read
Commodities Update Demand worries continue to cloud near-term outlook The flash PMIs for China and the euro-zone in August are perhaps not as worrying as some of the headlines might suggest, but they do underline the downside risks to commodity demand from Asia and... 21st August 2014 · 1 min read
Commodities Update Have palladium prices further to climb? The recent rise in palladium prices can be attributed to actual and potential disruptions to supply andto solid demand growth. But the scale of the price increase is looking increasingly hard to... 20th August 2014 · 1 min read
Commodities Update US shale boom to continue to lift oil production Improvements in drilling technology and processes have continued to boost US shale oil output, evenwhen the number of rigs actually drilling has remained flat. These improvements should reduce... 19th August 2014 · 1 min read
Commodities Update What’s behind the decline in oil prices? Reports that Ukrainian forces have attacked a military convoy from Russia have pushed up oil prices today, but the bigger picture is that they remain much lower than only a few weeks ago. We suspect... 15th August 2014 · 1 min read
