UK Economics Weekly Threat to recovery from energy prices overplayed With last week’s GDP figures providing further evidence that the economic recovery is becoming entrenched, the recovery should be able to withstand the looming round of energy price hikes. Indeed... 28th October 2013 · 1 min read
Latin America Economics Update Mexican central bank signals end of the easing cycle The Central Bank of Mexico (BANXICO) lowered interest rates to a new record low today but its accompanying statement gave a heavy hint that this would be the last cut in the easing cycle. With the... 25th October 2013 · 1 min read
Asia Economics Update Weaker government spending to weigh on growth in Malaysia With elections over and threats of rating downgrades still casting a shadow, Malaysia’s government opted to tighten fiscal policy in today’s budget. This is a welcome first step to raising the... 25th October 2013 · 1 min read
US Data Response Durable Goods (Sep.) Despite the better than expected 3.7% m/m jump in durable goods orders in September, which was almost entirely due to a bounce back in the volatile aircraft category, it appears that third-quarter... 25th October 2013 · 1 min read
Global Markets Update Don't write off the dollar The crisis over the debt ceiling, the prospect of “QEternity”, and some recent evidence that foreign investors have been selling US assets have all revived talk that the dollar is facing a prolonged... 25th October 2013 · 1 min read
Latin America Economics Update Brazilian real has further to fall The decision by Brazil’s central bank to respond to what has been a relatively modest rebound in the real over the past month by scaling back some of its support for the currency suggests that... 25th October 2013 · 1 min read
Africa Economics Update Natural resource boom will bring its own challenges The production of natural resources will be a key driver of growth in Ghana, Mozambique and Tanzania over the coming years, but it is also likely to bring a number of challenges. In Ghana, oil... 25th October 2013 · 1 min read
Emerging Europe Economics Update Emerging European markets outperform other EMs Equity markets in Emerging Europe have outperformed the rest of the emerging world over the past month. The largest gains have come in Central Europe, where the growth outlook continues to improve... 25th October 2013 · 1 min read
UK Data Response Preliminary GDP (Q3) & Mark Carney’s Speech The preliminary estimate of Q3 GDP confirmed that the UK economy is currently enjoying a period of healthy and well-balanced growth. Meanwhile, Mark Carney announced last night in a speech reforms to... 25th October 2013 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Sep.) September’s euro-zone monetary data perhaps offered tentative signs that the fall in bank lending is easing, but a decent pick-up in credit remains a distant prospect. 25th October 2013 · 1 min read
Europe Data Response German Ifo Survey (Oct 13.) The fall in German Ifo business sentiment in October provided another timely reminder that the euro-zone recovery remains fragile. 25th October 2013 · 1 min read
Middle East & North Africa Economics Update Saudi economy gathers pace as oil sector returns to growth Having slowed at the start of this year, our Saudi GDP Tracker suggests that the economy has rebounded in recent months. The oil sector is growing once again. Meanwhile, the non-oil sector continues... 25th October 2013 · 1 min read
Japan Data Response Consumer Prices (Sep.) Headline inflation rose further in September, but the acceleration was largely due to a spike in fresh food prices. While a gradual closing of the output gap and stubbornly high import price inflation... 25th October 2013 · 1 min read
Global Trade Monitor Global trade volumes fall back in August The pick-up in world trade in July was not sustained in August as exports from emerging economies continued to be weak. What's more, data already published for September suggest that trade may have... 24th October 2013 · 1 min read
Bank of Japan Watch Steady as she goes, perhaps for another 12 months The main agenda item at next Thursday’s meeting of the Bank of Japan’s Policy Board will be the new GDP and inflation forecasts to be published in the Bank’s “Outlook for Economic Activity and Prices”... 24th October 2013 · 1 min read
