Global Economics Chart Pack Global Economics Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 14th July 2023 · 1 min read
Japan Economics Weekly May wage data hints at virtuous wage-price cycle Regular pay growth was the strongest in May in almost three decades and suggests that we may have underestimated the influence the stellar result from this year’s annual spring wage negotiations will... 14th July 2023 · 6 mins read
US Economic Outlook Odds still favour a mild recession We still think a mild recession over the coming quarters is more likely than not. As the economy weakens and the downward trend in core inflation gathers pace, we think interest rates will eventually... 11th July 2023 · 16 mins read
Japan Chart Pack Japan Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 11th July 2023 · 1 min read
UK Economics Rapid Response UK Labour Market (May/Jun. 2023) The labour market became less tight in May and there are some signs of momentum in wage growth slowing a bit. But with wage growth still well above the levels consistent with the 2% inflation target... 11th July 2023 · 3 mins read
US Economics Update Limited scope for immigration to ease labour shortages The surge in immigration and improvement in labour supply has helped ease wage growth moderately. But, with limited scope for a further rapid recovery in the labour force, we think a sustained period... 10th July 2023 · 3 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 10th July 2023 · 1 min read
Canada Economics Weekly Supply of both labour and housing improves The data this week showed big improvements in supply in both the labour and housing markets, which should give the Bank of Canada confidence that CPI inflation will continue to decline. We still... 7th July 2023 · 5 mins read
US Economics Weekly Labour market resilience points to July rate hike The 10-year Treasury yield climbed back above 4% this week, as markets interpreted the minutes of the mid-June FOMC meeting as hawkish and reacted to signs that, although labour market conditions may... 7th July 2023 · 6 mins read
Europe Chart Pack Europe Chart Pack (July 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 7th July 2023 · 1 min read
Canada Rapid Response Canada Labour Force Survey (Jun.) The surge in employment in June was not quite as strong as it looks, with hours worked essentially unchanged last month, but still suggests that another rate hike at the Bank of Canada’s meeting next... 7th July 2023 · 2 mins read
US Rapid Response Employment Report (Jun.) The 209,000 rise in non-farm payrolls in June was the weakest gain since December 2020 and suggests labour market conditions are finally beginning to ease more markedly. That said, it is unlikely to... 7th July 2023 · 2 mins read
Australia & New Zealand Economics Weekly Pay hikes in collective bargaining agreements soar Notwithstanding the RBA's decision to leave rates on hold on Tuesday, we still expect the Bank to deliver three more 25bp rate hikes before bringing its tightening cycle to an end. Indeed, the case... 7th July 2023 · 5 mins read
US Economics Update JOLTS data suggest labour market remains resilient The fall in job openings in May suggests that labour shortages continue to ease, although the rebound in the job quits rate implies that wage growth is set to slow only gradually. 6th July 2023 · 2 mins read
Emerging Europe Economics Update CEE: labour market conditions likely to remain tight Labour markets across Central and Eastern Europe (CEE) have remained tight over the past year despite the weakness in economic activity and we think this will remain the case as recoveries gather pace... 6th July 2023 · 2 mins read
