Japan Economics Update Government eases pressure on BoJ to expand stimulus The greater tolerance being shown by Japan’s government towards inflation remaining below target simply reflects the fact that the oil price collapse has made hitting the target all but impossible in... 28th January 2015 · 1 min read
Latin America Chart Pack Brazil’s inflation outlook diverges from the pack Data released over the past month have highlighted the contrasting outlook for inflation in Brazil compared with that of the rest of the region. After a brief period within the central bank’s target... 27th January 2015 · 1 min read
Japan Data Response Small Business Confidence (Jan.) The renewed fall in small business confidence this month underlines the fragility of the economic recovery. 27th January 2015 · 1 min read
China Chart Pack Renminbi strength puts exporters under pressure China’s exporters continued to gain global market share last year but the recent sharp rise in the renminbi against other emerging market currencies is likely to put them under pressure in 2015. US... 27th January 2015 · 1 min read
UK Economic Outlook Will the recovery fizzle out in 2015? While the UK’s economic recovery has shown some signs of flagging recently, we think its best days may still lie ahead. Admittedly, it has depended on some unsustainable sources and the general... 26th January 2015 · 1 min read
Europe Economics Weekly Two cheers for the ECB The ECB’s Governing Council deserves credit for meeting the demandingly high level of expectations with last week’s announcement of a quantitative easing programme worth at least €1trn. The size and... 23rd January 2015 · 1 min read
US Economics Weekly Fed's patient approach at odds with incoming data While the strength of real economic growth and employment suggest that the Fed should begin to raise interest rates very soon, the mixed news on wages, the lack of any pick-up in core inflation and... 23rd January 2015 · 1 min read
Japan Data Response Flash Manufacturing PMI (January) The flash manufacturing PMI was virtually unchanged in January, and still points to a solid recovery in the sector. 23rd January 2015 · 1 min read
US Chart Pack Consumer confidence soaring While financial markets are concerned that the slump in energy prices and the drop back in long-term interest rates partly reflect the weakness of economic growth in Europe and Asia, consumers have no... 22nd January 2015 · 1 min read
India Chart Pack Further rate cuts are on the way The Reserve Bank of India (RBI) shocked markets earlier this month by cutting its main policy rates at an unscheduled meeting. The accompanying statement also paved the way for further policy... 22nd January 2015 · 1 min read
Canada Chart Pack Low oil prices will hit business profits hard Since oil now accounts for half of Canada's production-weighted commodity price index, the collapse in crude oil prices represents a big downside risk to the outlook for business operating profits... 21st January 2015 · 1 min read
Global Economic Outlook Oiling the wheels Global growth has slowed in recent months, but we still expect world GDP to expand by just over 3% this year and next. The slump in oil prices should have a positive impact overall, even though it... 21st January 2015 · 1 min read
UK Data Response MPC Minutes (Jan.) & Labour market (Nov./Dec.) The latest labour market figures showed that the recovery in real wages is gathering pace. Despite this, an interest rate rise still looks a way off, with the MPC turning its attention in its recent... 21st January 2015 · 1 min read
Europe Economic Outlook Crisis 2.0? The onset of deflation in the euro-zone and the recent developments in Greece have served as powerful reminders of the lasting effects of the region’s debt crisis. The ECB will seek to tackle... 20th January 2015 · 1 min read
China Data Response Q4 GDP & December Activity Data Today's data suggest that although slowing investment, particularly in the property sector, continues to put downward pressure on growth, this was offset last quarter by a pick-up in consumption and... 20th January 2015 · 1 min read
Japan Data Response Consumer Confidence (Dec.) The first rise in consumer confidence since July should be followed by a further improvement as falling energy prices improve households’ purchasing power. 19th January 2015 · 1 min read
