India Economics Weekly Bank merger another step in right direction The government’s announcement this week that it will merge three state-run banks is another step in the right direction towards fixing the beleaguered banking system, following on from the... 21st September 2018 · 1 min read
Latin America Economics Update Brazil’s central bank preparing the ground for tightening The statement that accompanied the Brazilian Central Bank’s meeting last night provided the first clear sign that it is preparing to tighten monetary conditions, with the first rate hike likely to... 20th September 2018 · 1 min read
Japan Economics Update What to expect from three more years of Abenomics? Mr Abe will remain Prime Minister for another three years. That means fiscal policy will probably be tightened further, monetary policy will remain loose and policymakers may take some further steps... 20th September 2018 · 1 min read
Latin America Economics Update Argentina’s 2019 budget: devil is in the detail Argentina’s 2019 federal budget presented to Congress last night contains a large fiscal squeeze and, if implemented in full, would stabilise the public debt ratio. However, some key IMF requests have... 18th September 2018 · 1 min read
Asia Economics Update The winners and losers from the latest tariffs on China US plans to impose tariffs on an additional $200bn of Chinese imports are unlikely to have a significant impact on most economies in Emerging Asia, including China. Over the long term there could even... 18th September 2018 · 1 min read
China Chart Pack Trade war set to escalate The US appears to be on the verge of expanding its tariffs to cover a total of $250bn of Chinese goods, the production of which generates 1.3% of China’s GDP. The proposed $200bn tariff list includes... 17th September 2018 · 1 min read
Latin America Economics Weekly Argentina budget concerns, Brazil election heating up Argentina’s 2019 budget will reportedly contain some much-needed spending cuts, but key IMF requests are conspicuous by their absence. Meanwhile, Brazil’s election race is beginning to heat up, but... 14th September 2018 · 1 min read
Nordic & Swiss Economics Weekly Sweden’s election dead heat no big deal for Riksbank Political uncertainty following Sweden’s general election last weekend is unlikely to meaningfully alter the Riksbank’s plans to start tightening policy around the turn of the year. Meanwhile, in... 14th September 2018 · 1 min read
Canada Economics Weekly NAFTA talks drag on; housing remains vulnerable The NAFTA negotiations between Canada and the US rumbled on this week, with few signs of a breakthrough during what Foreign Affairs Minister Chrystia Freeland described as a “continuous negotiation”... 14th September 2018 · 1 min read
Japan Economics Weekly Japanese exporters back in the firing line Recent comments by President Trump suggest that he may target Japan next in his efforts to reduce the US trade deficit. Trump may want Japan to increase pressure on China to end unfair trading... 14th September 2018 · 1 min read
Global Economics Update Can corporates cope with higher interest rates? The risk that higher interest rates will trigger widespread corporate defaults and cause the next global downturn is low, not least because business finances are generally in good shape. But as... 12th September 2018 · 1 min read
Latin America Economics Focus A look ahead to Brazil’s election Brazil’s presidential race is still very open, but the scale of the challenge the victor will face means that even a market-friendly president won’t be able to stabilise the public finances and boost... 11th September 2018 · 1 min read
Middle East & North Africa Economics Update Is Lebanon lurching towards a crisis? Lebanon’s recent political deadlock has reignited fears over the country’s weak balance sheets. A fresh escalation of tensions with the Gulf is still a major threat and, as we’ve warned before, this... 11th September 2018 · 1 min read
Nordic & Swiss Economics Update Sweden’s political upheaval won’t alter fiscal outlook While Sweden looks set for a period of political uncertainty, the broad fiscal consensus among mainstream politicians suggests that, whoever takes power, the near-term economic outlook will not be... 11th September 2018 · 1 min read
Japan Chart Pack Labour gaining the upper hand Summer bonuses rose the most since 1991 this year. That is partly a reflection of the surge in corporate profits in recent years. But workers are earning more than their fair share of the pie. Labour... 11th September 2018 · 1 min read
Nordic & Swiss Economics Weekly Swedish election not a game-changer The latest opinion polls suggests that Sunday’s general election in Sweden will be a close call. But the outcome of the vote is unlikely to significantly alter the outlook for the economy or monetary... 7th September 2018 · 1 min read
