Europe Economics Weekly Hopes of near-term policy boost fade further Developments last week confirmed that support for the periphery from the region’s core governments will be slow in coming. Some attention has turned back to the ECB for policy support, but it has very... 20th July 2012 · 1 min read
UK Economics Chart Pack Jubilee boost short-lived Although consumer spending appears to have boosted at the start of June by the extended bank holiday, the fillip did not last for long and the underlying trend in spending still looks pretty mediocre... 19th July 2012 · 1 min read
Europe Economics Update Could Finland be the catalyst for a euro-zone break up? Finland’s continued hardline stance on the provision of support to the peripheral economies increases the risk that the euro-zone will not implement the measures needed to maintain the existing... 19th July 2012 · 1 min read
Emerging Europe Economics Update Russia & WTO: don’t expect a miracle After almost 20 years of negotiations, Russia’s membership in the WTO at last seems imminent. But as the effects of this will be spread over several years, we do not expect a significant impact on the... 19th July 2012 · 1 min read
Japan Chart Pack Recovery on hold as economy continues to slow The Japanese economy continued to slow throughout the second quarter and businesses expect only an anaemic recovery in Q3. The economy remains reliant on government support, with reconstruction... 19th July 2012 · 1 min read
China Chart Pack Labour market health belies talk of hard landing China’s economy is growing at one of the slowest rates in years but the labour market is showing few signs of strain. Migrant wages were up 13% y/y last quarter. There are still more jobs being... 19th July 2012 · 1 min read
Emerging Europe Economics Update More bad news for the Russian economy June’s raft of activity data confirmed that strong growth in the first quarter of the year is likely to be the high watermark for the Russian economy in 2012. We think growth slowed to around 4.0% in... 18th July 2012 · 1 min read
Japan Economics Weekly Japan’s revitalisation strategy The government unveiled its draft of a revitalisation plan for Japan last Wednesday. The strategy sets out a broad range of policies to lift economic growth, end deflation and create over four million... 16th July 2012 · 1 min read
UK Economics Weekly Jubilee boost masks weaker picture The effects of early June’s Jubilee celebrations are now starting to come through in the economic data. Last week’s releases provided evidence of the positive effects of the extended holiday, but... 16th July 2012 · 1 min read
Middle East & North Africa Economics Update Egypt: economy could make or break the new president’s tenure The election of Dr. Mohamed Mursi as Egypt’s first democratically-elected president last month represented a significant step in the country’s transition. But as we expected, tensions between the new... 11th July 2012 · 1 min read
US Economics Update Small business confidence waning The fairly sharp decline in the NFIB's latest small business optimism index suggests that it isn't just larger export-orientated firms that have seen a drop off in demand over the past few months. 10th July 2012 · 1 min read
Latin America Economics Update Mexico Election Watch: Peña Nieto wins but no PRI majority If Mexico’s President-elect, Enrique Peña Nieto, is to achieve 6% GDP growth he will have to press ahead with reforms. However, with the PRI falling short of a majority in Congress, he will need to... 10th July 2012 · 1 min read
Canada Economics Update Business Outlook & Senior Loan Officer Surveys (2012Q2) The latest quarterly business surveys indicate that, while significantly fewer businesses expect future sales growth to pick-up over the next 12 months, they remain steadfast in their plans to... 10th July 2012 · 1 min read
Emerging Europe Economics Update Romania’s political turmoil casts doubts on IMF/EU deal The Romanian parliament’s vote to impeach the President leaves the country clouded by uncertainty and casts doubts on the future of the country’s IMF/EU programme. This is likely to keep the leu and... 9th July 2012 · 1 min read
Middle East & North Africa Economics Update Pressures on the Egyptian pound mount Provisional data from the Central Bank of Egypt (CBE) showing no improvement in foreign currency reserves in June – as had been hoped – will keep pressure on the pound. With political conditions still... 9th July 2012 · 1 min read
UK Economics Focus How will firms and households fare? With the drag from the euro-zone crisis on the UK economy set to grow, the chances of a decent recovery rest heavily on a strong revival in domestic spending. But neither firms nor households appear... 9th July 2012 · 1 min read
