UK Economics Weekly Will the good news keep coming in 2014? We expect the broadening out of the recovery from consumer spending to the rest of the economy to be one of next year’s main developments. Other key things to watch out for in 2014 include a modest... 23rd December 2013 · 1 min read
US Economics Weekly Tapering was always going to be a damp squib We weren’t surprised by the Fed’s decision to begin tapering its monthly asset purchases, but we didn’t anticipate that it might not halt those purchases completely until late next year. As the... 23rd December 2013 · 1 min read
Japan Economics Weekly A look ahead to 2014 In this final Japan Economics Weekly of the year we take a look at the local events and themes that will shape Japan’s economy and markets in 2014. The single most important scheduled event will be... 23rd December 2013 · 1 min read
Europe Economics Weekly Disaster averted for another year, but crisis unresolved Our fears that the euro-zone crisis would re-escalate in 2013 proved to be unfounded, thanks in part to the continued calming influence of the ECB’s OMT backstop. But the region’s fundamental problems... 23rd December 2013 · 1 min read
Canada Economics Weekly Mega-project investments unlikely to kick-in soon enough The many large-scale energy-related investment projects that are in the works are certainly an encouraging sign for the longer-term economic outlook. With many of these projects still awaiting final... 20th December 2013 · 1 min read
Canada Data Response Consumer Prices (Nov.) & Retail Sales (Oct.) With core inflation unexpectedly falling even closer to the bottom of the 1% to 3% target range in November, the Bank of Canada will be more worried than before about the downside risks to inflation. 20th December 2013 · 1 min read
China Economics Update China’s equities slump, market rates surge China’s interbank rates have surged this week on the back of seasonal tightness in liquidity that has been compounded by uncertainty about policymakers’ intentions. But with the People’s Bank today... 20th December 2013 · 1 min read
Global Trade Monitor World trade growth picks up The volume of world trade rose in October and surveys suggest that it may have accelerated further since then. But the recovery in trade volumes continues to lag behind the pick-up in economic... 20th December 2013 · 1 min read
UK Economics Update Consumer recovery relying on less saving Today's news on the state of households' finances shows that the recent growth of household spending has been driven partly by households saving less. However, 2014 should see a more resilient basis... 20th December 2013 · 1 min read
Emerging Europe Economics Update A rollercoaster month for Ukraine’s financial markets Escalating political protests caused Ukrainian bond yields and CDS premia to spike at the start of the month. However, following the announcement that Ukraine will receive financial assistance from... 20th December 2013 · 1 min read
Latin America Chart Pack Markets resist “Taper Tantrum” Financial markets in Latin America have for the most part shrugged off the Fed's decision to taper its asset purchases under QE3. Currencies have dipped a little following the decision, but the... 20th December 2013 · 1 min read
Japan Economics Update Bank of Japan's caution underlines easing bias The Bank of Japan’s widely-anticipated decision to maintain its current policy settings for the tenth successive Board meeting today is a testament to the boldness and clarity of the monetary easing... 20th December 2013 · 1 min read
UK Data Response Nat. Acc., Bal. of Pay. (Q3) & Public Finances (Nov.) While the national accounts showed that the economic recovery has been stronger than previously thought this year, they also provided a few reasons to doubt that it will be able to maintain its recent... 20th December 2013 · 1 min read
UK Commercial Property Data Response Institutional Investment in Property (Q3 13) As we suggested was likely to be the case, net sales of commercial property by investing institutions in the second quarter proved to be just a temporary blip. Institutions made strong net purchases... 20th December 2013 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Dec.) December’s GfK/NOP confidence survey suggested that consumers have become slightly less optimistic in the run-up to Christmas. But as the squeeze on real earnings eases, there is scope for confidence... 20th December 2013 · 1 min read
