Emerging Markets Economics Chart Pack Regional inflation heading in opposite directions Inflation across the emerging world has been heading in different directions in recent months. In Latin America and Emerging Europe it has risen, led by increases in regulated prices in Brazil and the... 19th February 2015 · 1 min read
India Chart Pack Economy is not out of the woods yet India’s revised GDP data paint a far healthier picture of the economy over the past couple of years than had previously appeared the case. GDP growth for FY13/14 was revised up from 4.7% to 6.9%. In... 19th February 2015 · 1 min read
Global Economics Update What would be the global fallout if Greece left the euro? If Greece is forced out of the single currency there would clearly be major political and economic implications for the euro-zone itself, and we suspect there would initially be turmoil in global... 19th February 2015 · 1 min read
Global Markets Update Growing risk of Greek exit under-priced in global markets Although the latest wranglings over Greece’s short-term financing needs have so far elicited little response from markets outside Greece, this calm may not last. As the German rebuff of Greece’s... 19th February 2015 · 1 min read
Africa Economics Update South Africa GDP Tracker points to strong Q4 The latest official activity data suggest that South Africa’s economy ended 2014 on a high. While the strong quarterly expansion in Q4 is unlikely to be sustained, the economy still looks set to... 19th February 2015 · 1 min read
Europe Economics Update ECB highlights limits to its support The first ever publication of ECB minutes confirmed that support for the new QE programme was not unanimous, suggesting that its scale will remain limited. The account, together with the Bank’s... 19th February 2015 · 1 min read
Middle East & North Africa Economics Update Lower oil prices start to weigh on FX reserves in the Gulf The plunge in oil prices means that current account positions in parts of the Gulf have slipped from surplus into deficit. In these countries, FX reserves are now being drawn upon to finance external... 19th February 2015 · 1 min read
Precious Metals Update How sensitive are gold prices to the Chinese New Year? The demand for gold often follows a seasonal pattern due to the timing of festivals associated with gift-giving, such as the Chinese New Year. But the calendar appears to have little impact on the... 19th February 2015 · 1 min read
UK Housing Market Data Response Housebuilding (Q4) Despite the Government pumping £1.75bn into the industry via Help to Buy equity loans, housing starts dropped for the second consecutive quarter at the end of 2014. But with early signs that housing... 19th February 2015 · 1 min read
Latin America Economics Update Counting the cost of the Petrobras scandal It’s difficult to be precise, but we think the direct impact of the corruption scandal at Petrobras, including the effects of reduced investment by the company and others that have been implicated... 19th February 2015 · 1 min read
Japan Data Response External trade (Jan.) Once seasonal factors are accounted for, last month's trade deficit was the smallest in nearly three years. The plunge in energy prices still hasn’t been fully reflected in the cost of imported fuels... 19th February 2015 · 1 min read
Asia Economics Weekly No sign of improvement in Asian growth The latest GDP figures for Emerging Asia show regional growth was broadly flat again last quarter. Looking ahead, a strong pick-up looks unlikely. But with monetary policy set to remain loose and oil... 18th February 2015 · 1 min read
Global Economics Update How are lower oil prices affecting inflation? The drop in global oil prices since mid-2014 will push many advanced economies into deflation, but the trough will vary considerably between economies. And while inflation should rebound rapidly in... 18th February 2015 · 1 min read
Capital Daily Is the underperformance of emerging market equities over? 18th February 2015 · 1 min read
Emerging Europe Data Response Russia Retail Sales, Investment & Ind. Prod. (Jan.) The release of January’s activity data for Russia was delayed by two hours today but when they finally arrived they brought further evidence that consumers are bearing the brunt of the economy’s... 18th February 2015 · 1 min read
