Australia & New Zealand Chart Pack Australian labour market stands strong The continued resilience of the labour market in Australia is the main reason why the Reserve Bank of Australia (RBA) has become less inclined to cut interest rates again. Jobs growth remained strong... 27th August 2015 · 1 min read
Nordic & Swiss Economics Update Danish bond issuance restarts, but rate hikes a long way off Although Denmark’s central bank has started to unwind some of the special measures that it introduced earlier this year to cap upward pressure on the currency, we still think that the deposit rate is... 27th August 2015 · 1 min read
Latin America Chart Pack Back in the spotlight Latin America has found itself back under the spotlight in recent weeks, this time as concerns over the economic outlook for China – the largest trading partner for most countries in the region – have... 26th August 2015 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US stocks of crude oil fell sharply last week, but stocks of gasoline rose, despite more US refiners being offline for maintenance. 26th August 2015 · 1 min read
EM Valuations Monitor Equity valuations no longer stretched after August sell-off Emerging Market (EM) equity valuations are no longer stretched either in an absolute or relative sense following the summer sell-off. Once the recent volatility in global markets settles down, we... 26th August 2015 · 1 min read
Commodities Focus Making sense of the commodity slump Investor sentiment towards commodities has rarely – if ever – been more negative. However, the recent sharp falls in prices can largely be seen as the continuation of trends in place since 2011. The... 26th August 2015 · 1 min read
Africa Economics Update Nigeria: Structural issues, not oil prices, drag down growth Yesterday’s Nigerian GDP figures showed that the country’s economy slowed even more sharply than weexpected in the second quarter. While low oil prices have battered the economy, the recent figures... 26th August 2015 · 1 min read
UK Housing Market Focus Why is the stock of homes for sale so low? Record low interest rates have boosted house prices and cut returns on other assets. That in turn has encouraged homemovers to either rent out their old home, or just keep it empty. Alongside a... 26th August 2015 · 1 min read
Capital Daily Drivers of the US stock market are likely to change Capital 26th August 2015 · 1 min read
US Data Response Durable Goods (Jul.) After nearly nine months of weakness, presumably triggered by the dollar's surge and the slump in the mining sector, equipment investment appears to be finally recovering. Headline durable goods... 26th August 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.) Mortgage approvals for house purchase rose again in July, supported by low interest rates and rising credit availability. But while activity will continue tostrengthen, the pace of growth will be... 26th August 2015 · 1 min read
UK Data Response CBI Distributive Trades Survey (Aug. & Q3) The upbeat tone of August’s CBI Distributive Trades Survey provided an encouragingsign that the consumer recovery has continued apace in Q3. And looking ahead, therecent fall in commodity prices... 26th August 2015 · 1 min read
Europe Economics Focus Will labour reforms get France working again? France’s Government has finally started to tackle the country’s weak labour market. But we are sceptical that the reforms so far will be sufficient and think that more ambitious measures will be... 26th August 2015 · 1 min read
Middle East & North Africa Economics Update What’s behind the apparent weakness in Egypt’s economy? Egypt’s economy has slowed sharply and by more than we expected over the first half of this year. But we think some of the constraints on growth will start to lift in the coming quarters. 26th August 2015 · 1 min read
Japan Data Response Small Business Confidence (Aug.) Small business confidence moderated in August, but still points to modest gains in industrial output. 26th August 2015 · 1 min read
China Activity Monitor No sign of crisis in latest activity data After the drama of the past few days, our updated China Activity Proxy (CAP) tells a relatively reassuring story about the state of China’s economy. 26th August 2015 · 1 min read
