Emerging Europe Economics Update Region’s banks in better shape to weather an external shock The provisional approval of the extension of the Greek bailout has calmed the markets, but the bigger picture is that the road ahead is still long and bumpy. This means that a Greek exit from the euro... 4th March 2015 · 1 min read
Latin America Economics Update Credit growth continues to cool, but concerns remain The slowdown in private sector lending growth across Latin America should help to ease concerns about the build-up of credit bubbles in the region. However, the accumulation of private sector debt... 3rd March 2015 · 1 min read
UK Economics Update Monetary Indicators Monitor (Feb.) The latest money and credit figures indicated that the economic recovery is continuing to progress at a robust pace without leading to the rapid accumulation of debt. 2nd March 2015 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Feb.) & Mortgage Approvals (Jan.) The latest manufacturing and lending figures brought further encouragement that the economic recovery is regaining pace after late 2014’s soft patch. 2nd March 2015 · 1 min read
China Economics Update Rate cut alone won't boost lending The People's Bank has cut benchmark rates in order to help some indebted firms cope with the rise in real borrowing costs that has resulted from lower inflation. But the central bank still appears to... 2nd March 2015 · 1 min read
China Economics Update What to watch at the National People’s Congress The unveiling of a new, lower GDP growth target at the National People’s Congress would be an encouraging sign that the government is facing up to the continued slowdown in China’s sustainable rate of... 27th February 2015 · 1 min read
UK Economics Weekly Is a recovery in exports finally underway? One feature that the recovery has been lacking for a long time is a pick-up in exports. But last week’s GDP figures offered some encouragement that the much-anticipated rebalancing of the economy is... 27th February 2015 · 1 min read
Global Economics Update Global easing cycle not over yet There has been a wave of rate cuts across the world since the start of the year. And we expect monetary policy to be loosened further in a number of economies over the coming months. This should help... 27th February 2015 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Jan.) January’s euro-zone monetary data showed that credit conditions were healthy at the start of the year, suggesting the ECB’s policy stimulus is already having an effect. 26th February 2015 · 1 min read
Global Central Bank Watch How negative can interest rates go? Sweden’s Riksbank cut interest rates into negative territory this month, following in the footsteps of the Danish and Swiss central banks and the ECB. Although central bankers are instinctively... 26th February 2015 · 1 min read
Emerging Europe Chart Pack Russian consumers feel the squeeze The latest data have given mixed signals on the performance of Emerging Europe’s economies. The encouraging news is that growth in much of Central Europe (particularly Poland and Hungary) seems to be... 25th February 2015 · 1 min read
Global Markets Update Investors shrug off risks from Greece Despite the resurgent risk of a Greek exit from the euro-zone, investors have so far remained relatively relaxed about the possible effect on emerging markets. Admittedly, there were further net... 25th February 2015 · 1 min read
Asia Chart Pack Time to worry about deflation? Emerging Asia has seen a sharp drop in inflationary pressures over the past few months. Taiwan, Singapore and Thailand are now experiencing deflation, while inflation is 1% y/y or below in Malaysia... 25th February 2015 · 1 min read
Europe Economics Update Cyprus bailout suspension maintains exit risk Struggles to implement a foreclosures bill and the associated suspension of the Cypriot bailout highlight that exit risks are not confined to Greece. Admittedly, the risk of a near-term “Cyxit” is... 24th February 2015 · 1 min read
Europe Economics Weekly More on the rising risk and effects of a Grexit The risk of a Grexit has risen further still this week with the positions of the Eurogroup and the Greek Government seeming to be as far apart as ever. Even if a deal is cobbled together at the latest... 20th February 2015 · 1 min read
US Economics Update Monetary Indicators Monitor (Jan 15) The strong pace of growth in both broad money and bank loans is another reason to believe that the temporary bout of negative inflation, which almost certainly began last month, will not develop into... 20th February 2015 · 1 min read
