Australia & New Zealand Chart Pack Households holding up well Australian households have been more resilient to low income growth and falling house prices than we expected. After rising by just 0.3% q/q in the first quarter, the solid rises in retail sales in... 29th August 2018 · 1 min read
Europe Economics Weekly US tariffs, Greece and Italy all pose risks Greece’s exit from its bailout on Monday was widely hailed by European policymakers as a sign of success, but its problems are far from over. Meanwhile, comments from President Trump emphasised that... 24th August 2018 · 1 min read
UK Economics Weekly Public finances improve, retail sales lose their shine Amid the Brexit gloom and doom this week there was at least some positive news for the Chancellor. The continued strong performance of the public finances in July suggests that he will be able to... 24th August 2018 · 1 min read
Asia Economics Update Further slowdown ahead Growth only slowed a touch in Emerging Asia last quarter, but weakening export demand and tighter monetary policy mean that the region’s economies are likely to cool further over the next year or so. 23rd August 2018 · 1 min read
UK Data Response Public Finances (Jul.) July’s public finances figures leave borrowing on course to come in comfortably below the OBR’s forecast this year, suggesting that the Chancellor should have room to manoeuvre in the Autumn Budget. 21st August 2018 · 1 min read
India Chart Pack Equities continue to scale new highs Indian equities have continued to surge in August, with the benchmark Sensex stock index rising to a fresh record high of over 38,000 today. The recent strong performance in the Sensex compared to... 20th August 2018 · 1 min read
Global Economics Update Is Italy really set for a fiscal splurge? Developments over the past few weeks have made it more likely that Italy’s Government will implement some form of fiscal stimulus in next year’s Budget. This is likely to cause bond yields to rise... 17th August 2018 · 1 min read
Asia Economics Update What to make of Indonesia’s populist budget? Indonesia’s budget for next year envisages a big increase in cash handouts, and is clearly aimed at boosting support for the president ahead of next year’s general election. Worryingly, however, the... 17th August 2018 · 1 min read
Emerging Europe Economics Weekly Lira rebounds, Putin policy wobbles The Turkish lira has recovered lost ground since Monday, although policymakers have only done the bare minimum in response to the crisis. There have been some positive noises on fiscal policy, yet... 17th August 2018 · 1 min read
Europe Economics Update Is Italy really set for a fiscal splurge? Developments over the past few weeks have made it more likely that Italy’s Government will implement some form of fiscal stimulus in next year’s Budget. This is likely to cause bond yields to rise... 17th August 2018 · 1 min read
India Economics Weekly Modicare unlikely to have significant impact Prime Minister Modi confirmed this week that his nationwide healthcare insurance scheme will be rolled out in September. Better healthcare provision could bring several benefits, from both an economic... 17th August 2018 · 1 min read
Asia Economics Focus Malaysia: what to make of Mahathir’s first 100 days Following his shock election victory at the start of May, 93-year-old Prime Minister Mahathir Mohamad has wasted no time in carrying out his main campaign promises. With his first 100 days in office... 16th August 2018 · 1 min read
Emerging Europe Economics Update Where to watch for signs of stress in Turkey’s banks? The collapse in the lira has raised concerns about the health of Turkey’s banking sector. Banks’ dollar bonds yields and interbank interest rates are already pointing towards some stress, and these... 10th August 2018 · 1 min read
Emerging Europe Economics Weekly Turkey on the brink Turkey seems to have been on the brink of a crisis several times this decade, only for the central bank to do just enough to steady the ship. But there are reasons to think that emergency interest... 10th August 2018 · 1 min read
Middle East & North Africa Economics Weekly Saudi-Canada spat, Iran sanctioned The diplomatic spat that erupted between Saudi Arabia and Canada this week should have little economic impact, but it does risk undermining investor confidence in Saudi Arabia at a time when the... 9th August 2018 · 1 min read
Emerging Europe Economics Update How can Turkey get out of its crisis? The lesson from other countries that have suffered from currency crises is that fiscal and monetary policy will need to tighten, preferably under the auspices of an IMF deal, to stabilise the economy... 8th August 2018 · 1 min read
