Asia Economics Weekly Philippines: No need to worry about the weak peso Subdued inflation and a relatively low level of foreign currency debt mean the weakness of the Philippine peso, which has recently been hitting multi-year lows against the US dollar, is not a major... 1st September 2017 · 1 min read
Japan Economics Weekly Stronger growth, but inflation to rise only slowly We are lifting our GDP forecasts for both this year and next to reflect the strength of recent data. We are not making any changes to our inflation forecasts though, as price pressures still appear... 1st September 2017 · 1 min read
Australia & New Zealand Economics Weekly What’s going on with mining? One recent data release showed that mining investment in Australia is still plunging while another suggested it has started to rebound. Both are technically right, as it all depends on how you measure... 1st September 2017 · 1 min read
ECB Watch Euro’s rise to keep taper plans on the back burner The appreciation of the single currency since the ECB’s last meeting has strengthened the case to delay the formal announcement of asset purchase tapering until October. But with growth strong and... 31st August 2017 · 1 min read
Nordic & Swiss Central Bank Watch Riksbank on pause despite above-target inflation Economic growth and inflation have been stronger than expected since the Riksbank last met. Despite these developments, policymaker’s concerns about a sharp rise in the krona suggest that the Bank... 31st August 2017 · 1 min read
Asia Economics Update Interest rates to stay low in Korea The Bank of Korea (BoK) today left interest rates unchanged and there was little sign in the central bank’s statement that the central bank is in any rush to adjust policy. With the economy growing at... 31st August 2017 · 1 min read
Latin America Chart Pack Brazil’s political crisis puts back pension reform The past month has brought some signs that the continuing political crisis in Brazil is starting to weigh on the more ambitious elements of the government’s reform programme. While President Temer’s... 30th August 2017 · 1 min read
Global Central Bank Watch Fed to begin reversing QE and ECB to set out taper plans The US Fed is still on track to start shrinking its balance sheet in the coming month or two, and we think it will raise rates again in December. Meanwhile, the ECB will probably announce in October... 30th August 2017 · 1 min read
Bank of Canada Watch Don’t rule out an interest rate hike next week The incoming economic data have been generally strong and will encourage the Bank of Canada to raise interest rates further to 1.00%, from 0.75%, before the end of this year. We wouldn’t rule out a... 30th August 2017 · 1 min read
Nordic & Swiss Data Response Swiss KOF & Swedish Economic Tendency Indicators (Aug.) Falls Although surveys of overall economic sentiment in both Switzerland and Sweden fell in August, they still point to a healthy pace of GDP growth in both countries. But with inflation much stronger in... 30th August 2017 · 1 min read
RBA Watch GDP growth to fall short of RBA’s lofty expectations While we agree with the assessment of the financial markets that there is next to no chance of an interest rate hike when the Reserve Bank of Australia (RBA) meets on Tuesday 5 th September, we... 29th August 2017 · 1 min read
Canada Economics Weekly Households still living the high life Household consumption grew very strongly in the second quarter, supported by a further decline in the household saving rate and an acceleration in household borrowing. In the tougher banking... 25th August 2017 · 1 min read
Asia Economics Weekly Exports to continue supporting regional growth Economic growth held up well across most of Emerging Asia last quarter. Poor prospects for domestic demand mean growth has probably already peaked in many countries, but with exports likely to remain... 25th August 2017 · 1 min read
Australia & New Zealand Economics Weekly How will New Zealand’s election affect its economy? The general election in New Zealand could have a bigger influence on the economy than seemed possible a few weeks ago. If National needs the support of NZ First to form a majority government then the... 25th August 2017 · 1 min read
US Economics Update Will the next Chair shake up Fed policy? Whoever is leading the Fed next February, policy will be driven mostly by economic developments, which we think will prompt the FOMC to raise rates four times in 2018. But a new Chair, along with... 24th August 2017 · 1 min read
Latin America Economic Outlook Recovery to strengthen over coming year After a torrid couple of years, the economies of Latin America have turned a corner and we expect growth to strengthen over the rest of 2017 and into 2018. Inflation has fallen in most countries and... 23rd August 2017 · 1 min read
