Commodities Chart Pack A shaky start to 2014 Commodities prices started 2014 on a subdued note as high stocks in the US depressed crude oil while poor manufacturing PMI data from China raised concerns about wider commodity demand. Prices... 3rd February 2014 · 1 min read
Emerging Europe Economics Update PMI data highlight uneven recovery January’s manufacturing PMI data provide further evidence that the economies of Central Europe are enjoying a decent recovery, but that manufacturing in Emerging Europe’s two largest economies, Russia... 3rd February 2014 · 1 min read
Asia Economics Update Thailand's political crisis to continue dragging on economy Although Sunday's general election proceeded as scheduled, Thailand's political crisis shows no sign of letting up. While the incumbent Pheu Thai Party almost certainly won the most votes, it could be... 3rd February 2014 · 1 min read
Japan Economics Weekly Strong positive momentum at start of new year The Japanese economy is entering the new year with strong momentum. The data are probably being flattered by spending brought forward ahead of April’s consumption tax hike. But if this spending helps... 3rd February 2014 · 1 min read
US Economics Weekly Fed right to ignore emerging market turmoil The Fed is only concerned with the US economy's performance and the recent bout of emerging market turmoil poses little threat to that. It is worth remembering that despite the currency crises which... 3rd February 2014 · 1 min read
Canada Economics Weekly Bank of Canada can't ignore emerging market turmoil The recent turmoil in emerging markets is a knock to Canada's trade and commodity dependent economy that the Bank of Canada can't ignore. Although it has only had a modest negative impact on Canada's... 3rd February 2014 · 1 min read
UK Economics Weekly News on productivity may brighten this year Against a positive economic backdrop in recent quarters, one blot on the UK economy’s copybook has been the continuing dismal performance of productivity. Indeed, both output per worker and output per... 3rd February 2014 · 1 min read
Europe Economics Weekly How will market volatility threaten the euro-zone? We doubt that the recent financial market sell-off in parts of the emerging world will be a catalyst for a renewed intensification of the euro-zone crisis. But the events underline the potential... 3rd February 2014 · 1 min read
Asia Economics Weekly Five reasons to be positive about the Philippines The Philippines economy came through the disruption caused by Typhoon Haiyan reasonably well, posting healthy growth in the final quarter of 2013. The outlook is also bright, with long term growth... 3rd February 2014 · 1 min read
Latin America Chart Pack Argentina devalues as Lat Am markets routed again Latin America’s financial markets have been among the hardest hit in the storm that has swept through the emerging world since the start of the year. The attention has focused on Argentina, where the... 31st January 2014 · 1 min read
Canada Data Response GDP by Industry (Nov.) November's steady GDP growth of 0.2% m/m supports our view that the economy grew by an annualised 3.0% in the final quarter of last year. 31st January 2014 · 1 min read
Canada Economics Update Stronger wages and salaries growth unlikely to last The recent non-farm payroll figures suggest that wages and salaries growth continued to accelerate in the fourth quarter, which should have helped support stronger consumption growth. 31st January 2014 · 1 min read
US Housing Market Data Response Homeownership and Vacancy Rates (Q4 13) The slight decline in the homeownership rate at the end of last year is a reminder that, even though the housing market is recovering, the share of the population who own their home probably has... 31st January 2014 · 1 min read
China Economics Update A bitter end to the year of the snake January was another disappointing month for China’s equities. The weakness was largely due to problems at home rather than overseas. 31st January 2014 · 1 min read
Emerging Europe Economics Update Currency turmoil not yet a risk to EM inflation As things stand, the recent sharp falls in emerging market (EM) currencies do not appear to be a major threat to EM inflation. Even those emerging economies that have borne the brunt of the currency... 31st January 2014 · 1 min read
