Global Economics Focus What does the future hold for Bitcoin? With institutional interest in Bitcoin still growing, rising demand might drive prices significantly higher. But we still doubt that Bitcoin will take over from established fiat currencies or usurp... 27th February 2025 · 27 mins read
Middle East & North Africa Economics Update Qatar’s economy waits for the North Field boost Qatar’s economy will be stuck in the slow lane for much of 2025 as non-hydrocarbon activity slows and LNG output remains constrained. But the North Field will start to come online from Q4 and provide... 26th February 2025 · 4 mins read
Global Economics Chart Pack Global Economics Chart Pack (Feb. 2025) The latest data suggest that, outside China, the world economy lost a bit of momentum heading into 2025. Around the turn of the year, manufacturing output kept treading water, retail sales weakened in... 20th February 2025 · 1 min read
Middle East & North Africa Economics Update Saudi Arabia’s real estate boom not a concern (yet) Saudi Arabia’s real estate sector is in the midst of a boom and affordability among Saudi citizens for housing is becoming increasingly stretched, which may tempt the authorities to loosen lending... 19th February 2025 · 4 mins read
Japan Economics Weekly Japan Weekly: Banks starting to benefit from higher interest rates The 10-year JGB yield rose to a 14-year high this week and we think it will reach 1.75% by the end of the year as the Bank of Japan tightens policy more rapidly than most anticipate. Banks were... 14th February 2025 · 6 mins read
China Chart Pack China Chart Pack (Jan. 25) Our China Chart Pack has been updated with the latest data and our analysis of recent developments. The economy should accelerate over the near-term, driven by consumption-boosting policy support. But... 31st January 2025 · 1 min read
UK Economics Rapid Response UK Money & Lending (Dec. 2024) December’s money and lending figures suggest the downbeat economic outlook isn’t weighing on households borrowing and spending decisions too heavily. This provides some encouragement that the economy... 30th January 2025 · 3 mins read
Europe Economics Update Lower interest rates boosting euro-zone bank lending Euro-zone money and lending growth data paint a rosier picture of the economy’s near-term prospects than the latest business surveys and suggest that the impact of ECB rate cuts is feeding through... 29th January 2025 · 3 mins read
Middle East & North Africa Economics Update Egypt’s economy set for a strong rebound Egypt’s economy has struggled over the past year due to the effects of a weak pound, high inflation, and tighter fiscal and monetary policy, but there have been signs recently that a recovery is... 22nd January 2025 · 2 mins read
China Rapid Response Bank Lending & Broad Credit (Dec.) Broad credit growth rebounded last month, but bank loan growth continued to hit record lows. We expect strong government bond issuance to continue supporting credit growth over the coming quarters... 14th January 2025 · 2 mins read
US Economics Update Rise in corporate bankruptcies not a big concern The rise in corporate bankruptcies last year is not a huge concern, but it does add to the sense that firms are struggling more than the headline GDP and labour market data suggest. That in turn... 7th January 2025 · 2 mins read
UK Economics Rapid Response UK Money & Lending (Nov. 2024) November’s money and lending data suggests that households’ caution with their borrowing and saving ahead of the Budget hasn’t gone away. As a result, today’s release adds further downside risk to our... 3rd January 2025 · 3 mins read
China Rapid Response China Bank Lending & Broad Credit (Nov.) China's November credit data show that monetary easing is still struggling to put a floor under borrowing. We doubt that the further rate cuts China’s leadership promised this week will do much to... 13th December 2024 · 2 mins read
Emerging Europe Economics Update Russia: are financial stability risks starting to crystallise? Risks to Russia’s macroeconomic stability are mounting on the back of the recent credit boom and sharp rise in interest rates. Our EM financial risk indicators show that Russia is now at high risk of... 12th December 2024 · 4 mins read
Global Economics Chart Pack Global Economics Chart Pack (Dec. 2024) The latest data have shown that China is benefitting from a pick-up in government spending, the US economy continues to grow at a decent pace, and other advanced economies had a soft start to Q4... 12th December 2024 · 1 min read
