Latin America Rapid Response Brazil reinstates FX swap programme as real fall spooks policymakers 30th September 2015 · 1 min read
Latin America Rapid Response Brazil fuel price hikes to give further push to inflation 30th September 2015 · 1 min read
Capital Daily Glencore’s problems may mark trough for commodity prices 30th September 2015 · 1 min read
UK Commercial Property Focus How big a threat is Brexit to UK property markets? The City of London is the part of the property market with most to lose if the UK electorate votes to leave the EU. Yet even there, the potential for services exports to fast-growing emerging markets... 30th September 2015 · 1 min read
Canada Data Response GDP by Industry (Jul.) The stronger than expected showing in July’s GDP, which reflects volatility in oil sands output, suggests that the risks to the Bank of Canada’s Q3 GDP growth forecast of 1.5% annualised lie to the... 30th September 2015 · 1 min read
Emerging Europe Economics Update Romanian MPC warns on inflation pressures Having left interest rates unchanged earlier today, the Romanian MPC once again used the accompanying press conference to warn that looser fiscal policy could lead to stronger inflation pressures. But... 30th September 2015 · 1 min read
Africa Economics Update Kenya’s economy rebounds in Q2 The Kenyan economy received two pieces of good news today, with figures showing that inflation remained stable in September and economic growth picked up in Q2. We believe that the country, a net... 30th September 2015 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Sep.) The euro-zone’s peripheral economies appear to have strengthened their fiscal positions further in the year to August. But for most, this year’s budget targets still look ambitious. 30th September 2015 · 1 min read
Commodities Update Soybean prices have further to fall The price of soybeans has fallen by around 15% in US dollar terms so far this year. However, the bigger picture is that the price has been in a downward trend since peaking close to 1,750 US cents per... 30th September 2015 · 1 min read
Africa Economics Update Africa: Chinese slowdown fears overstated Speculation regarding a sharp economic slowdown in China has raised worries about the impact on African economies. We believe that these fears are overdone, for three key reasons. First, the prospects... 30th September 2015 · 1 min read
Europe Economics Update Icelandic interest rates on hold, but more hikes to come Today’s decision by Iceland’s central bank to leave its main interest rates on hold merely marks a pause for breath in its tightening cycle. We think that further rate rises will be needed before the... 30th September 2015 · 1 min read
Industrial Metals Update Zinc’s fall from favour should be short-lived An unexpected spike in LME inventories in the last month has raised concerns about oversupply and contributed to a sharp drop in the price of zinc. However, stocks remain historically low and, with... 30th September 2015 · 1 min read
UK Data Response National Accounts & Balance of Payments (Q2) The Quarterly National Accounts confirmed that the economic recovery maintained a strong pace in Q2. And although the latest business surveys suggest that growth may have moderated in Q3, we expect... 30th September 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Sep.) & Unemployment (Aug.) The return of inflation to negative territory in the euro-zone, as well as the continued high rate of unemployment, will heap further pressure on the ECB to increase its stimulus. 30th September 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) House price growth picked up in September, reflecting improving demand conditions and the shortage of homes for sale. With few signs that the imbalance between buyers and sellers is closing, we expect... 30th September 2015 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Sep.) The weaker-than-expected tone of September’s GfK consumer confidence survey does little to alter the view that consumer spending growth should maintain a healthy degree of momentum over the coming... 30th September 2015 · 1 min read
