Latin America Chart Pack Argentina: Macri’s economic team takes shape The election of Mauricio Macri , the reformist candidate in Argentina’s presidential election, has transformed the country’s economic outlook. The result was largely anticipated – markets had jumped... 30th November 2015 · 1 min read
Emerging Europe Economics Update First thoughts on Russia’s sanctions on Turkey The economic impact of the Russian sanctions on Turkey announced this weekend will, in general, probably be limited. Our best estimate of the maximum losses to the Turkish economy is around 0.5% of... 30th November 2015 · 1 min read
Africa Economics Update China-Africa: What to expect from this year’s FOCAC This Friday South Africa will host the sixth Forum on China-Africa Cooperation (FOCAC), a triannual summit jointly convened by China and the Africa Union. The forum will be Africa’s highest-profile... 30th November 2015 · 1 min read
China Economics Update Fiscal drag now turning to fiscal boost The debate about China’s economic outlook hinges on what caused growth to slow early in 2015. One of the main culprits, in our view, was fiscal policy, which tightened significantly in late-2014 and... 30th November 2015 · 1 min read
UK Economics Weekly Definitely not the end of austerity The Chancellor’s surprise windfall from the Office for Budget Responsibility (OBR) allowed him to do everything he wanted in last week’s Spending Review and Autumn Statement – and more. Indeed, it is... 27th November 2015 · 1 min read
UK Economics Update Autumn Statement adds to mounting pressure on retailers The measures announced in the Autumn Statement should provide a small boost to consumers’ incomes next year relative to the July Budget. But at just 0.2% of nominal income, it is unlikely to be... 26th November 2015 · 1 min read
UK Economics Focus Autumn Statement 2015: OBR digs Osborne out of a hole This was a much more benign Autumn Statement than most had anticipated. Nonetheless, the big picture is still that austerity will renew in earnest next year – although we think that the economic... 25th November 2015 · 1 min read
Asia Chart Pack Rate debate heats up in Indonesia The war of words between Bank Indonesia (BI) and the government is heating up after the country’s vice president, Jusuf Kalla, earlier this week renewed its call for the central bank to cut interest... 25th November 2015 · 1 min read
UK Economics Update UK Autumn Statement & Spending Review 2015 Checklist This checklist is intended to help clients keep track of the important measures and numbers announced during the Autumn Statement and Spending Review at 12.30pm and to provide some instant context... 25th November 2015 · 1 min read
Europe Economics Update Greek outlook improves but crisis still not over Greece has cleared another hurdle with the disbursement of its latest bailout tranche and funds to recapitalise its banks. But until its debt burden is properly addressed, its crisis is not over. 24th November 2015 · 1 min read
India Chart Pack State elections, strikes, and civil servant salaries Prime Minister Modi has spent much of November on official visits to the UK and Singapore, but a number of domestic issues have made this a month that he will want to forget. 23rd November 2015 · 1 min read
UK Economics Focus Autumn Statement & Spending Review 2015 Preview Although the Chancellor will use his Autumn Statement on 25th November to soften the blow forhouseholds facing cuts in their tax credits, the big picture will still be that the economy faces a... 20th November 2015 · 1 min read
Canada Economics Weekly Deficit-funded spending plan unlikely to concern investors Canada’s new Federal Finance Minister has indicated that the government will forge ahead with its deficit-funded spending plan in an effort to support a flagging economy. Even if that means running... 20th November 2015 · 1 min read
UK Data Response Public Finances (Oct.) October’s public finance figures suggest that borrowing has not fallen as quickly as the OBR predicted, leaving the Chancellor with less room for manoeuvre in his Autumn Statement on 25th November. 20th November 2015 · 1 min read
Emerging Markets Economics Chart Pack Commodity price slump produces mixed policy response The slump in commodity prices over the past year has meant central banks in net commodity exporting and importing countries have continued to follow different paths. Despite the hit to growth from... 19th November 2015 · 1 min read
Middle East & North Africa Economics Update Capital spending likely to bear brunt of austerity in the Gulf The Gulf countries are in a strong position to cope with low oil prices, but some form of adjustment will be needed over the coming years. We expect tighter fiscal policy to do most of the work and we... 19th November 2015 · 1 min read
