Latin America Chart Pack Lat Am markets suffer end-year jitters Financial markets across Latin America have come under renewed pressure in the final weeks of this year. Part of the trigger has been renewed falls in oil prices. The currencies of two of the region’s... 22nd December 2014 · 1 min read
Commodities Update Who is most exposed to the debts of oil majors? The fall in oil prices has raised concerns about oil majors’ ability to service debts accumulated during the good times. Risks are concentrated in Latin America, but there is plenty that both... 22nd December 2014 · 1 min read
Europe Commercial Property Update Can Prague retail rental growth pick up steam? Given below-trend consumer spending growth in the Czech Republic until mid-2016, the short-term outlook is for only limited growth in retail rental values. While stronger growth will then push rents... 22nd December 2014 · 1 min read
UK Commercial Property Chart Pack Overseas investors drive a rise in activity The economy is showing few signs of slowing in response to the weaker global backdrop. Admittedly exports did fall in the third quarter, but this was offset by strong domestic demand to leave GDP... 22nd December 2014 · 1 min read
Emerging Europe Chart Pack Russia spirals into crisis The Russian ruble has stabilised in recent days, but only after the central bank introduced a raft of measures to limit ruble liquidity – including a massive hike in interest rates – and, perhaps more... 22nd December 2014 · 1 min read
China Economics Update Renminbi reverses course A month after benchmark interest rates were cut in China, market interest rates have risen, putting the People’s Bank under pressure to do more to reduce financing costs. Meanwhile, the equity markets... 22nd December 2014 · 1 min read
Canada Economics Weekly Can the Bank of Canada fight the US Fed? Household imbalances, an uneven export recovery and, more recently, the slump in oil prices are all downside risks to the economic and inflation outlook. That's three reasons for the Bank of Canada to... 22nd December 2014 · 1 min read
Global Trade Monitor Renewed weakness in trade Growth in the volume of world trade slowed again in October. The latest slump in the price of crude oil has not yet fed through to trade data. But when it does so, big changes in the value of trade... 19th December 2014 · 1 min read
UK Economics Weekly 2015: Another year of strength? Last week’s data releases provided more encouragement that the economic recovery has a fair amount of momentum at the end of 2014. Indeed, barring any last-minute shocks, the UK economy appears to... 19th December 2014 · 1 min read
Canada Data Response Consumer Prices (Nov.) The unexpected decline in the official core inflation rate to 2.1% in November, from 2.3%, supports the Bank of Canada's cautious neutral stance on the interest rate outlook. With the slump in oil... 19th December 2014 · 1 min read
Energy Watch How much will lower oil prices drag on other fuel costs? The fall in oil prices is likely to have significant implications for all commodity producers and consumers, not just those in the oil industry. We have explored the impact of falling oil prices on... 19th December 2014 · 1 min read
Capital Daily How will the markets react to Fed tightening next year? 19th December 2014 · 1 min read
Global Economics Update What role for exchange rate ceilings? The Swiss National Bank introduced a negative deposit rate yesterday, but its main tool to combat the threat of deflation is a ceiling for the Swiss franc. Given the continued threat of deflation and... 19th December 2014 · 1 min read
Global Markets Focus How will the outlook for monetary policy affect the markets? A tighter monetary policy of the Federal Reserve will potentially be the most important factor affecting the global financial markets next year. In this Focus, we consider the reactions we can expect... 19th December 2014 · 1 min read
Europe Economics Weekly A predictably weak year The euro-zone economy behaved largely as we anticipated in 2014, with growth remaining distinctly sluggish, inflation falling, the ECB forced into more policy action and the euro weakening. The... 19th December 2014 · 1 min read
US Economics Weekly What we got right and wrong in 2014 Our macro forecasts for this year turned out to be broadly correct, with GDP growth accelerating,the unemployment rate falling further and the Fed winding down its asset purchase programme.Our big... 19th December 2014 · 1 min read
