Latin America Economics Update Brazil interest rates heading back into double-digit territory Brazil raised interest rates by 50bps to 9.5% last night and the accompanying statement gave no hint that the recent falls in inflation might prompt policymakers to slow the pace of tightening. A... 10th October 2013 · 1 min read
Japan Data Response Machinery Orders (Aug.) & Consumer Confidence (Sep.) A surge in core machinery orders suggests that business investment should continue to recover. Meanwhile, a strong rebound in consumer confidence highlights that households remain willing to spend... 10th October 2013 · 1 min read
UK Economics Update Outlook for property costs positive despite business rates rise Next week’s inflation figures look set to confirm that retailers will be burdened with another fairly hefty rise in business rates in April. While pressure is growing on the coalition to support... 10th October 2013 · 1 min read
Asia Economics Update No rate increases in Korea anytime soon The Bank of Korea’s kept interest rates on hold today amid signs that the economy is slowly improving. Looking ahead, low inflationary pressures mean the central bank will be in no hurry to tighten... 10th October 2013 · 1 min read
China Economics Update Inflation Monitor (Oct.) Consumer price inflation probably rebounded last month, thanks to a rise in vegetable price inflation. In general though, inflation in most areas is stable, with no sign that the economy’s summer... 10th October 2013 · 1 min read
Capital Daily Fed policy to be much the same with Yellen in the driving seat 10th October 2013 · 1 min read
US Economics Update Fed minutes point to December taper, but that was pre-shutdown The minutes from the contentious FOMC meeting last month reveal that despite the decision to delay the tapering of its asset purchases, which was described as a "relatively close call", "most" Fed... 9th October 2013 · 1 min read
Global Economics Update Global outlook has improved, despite US fiscal impasse Headlines from the IMF meetings in Washington this week will be dominated by warnings of theconsequences of the US government defaulting on its debts and the US central bank exiting prematurelyfrom QE... 9th October 2013 · 1 min read
Latin America Economics Update Brazil and Mexican inflation falls despite currency weakness So far there is no evidence that weak currencies are pushing up inflation in Latin America. Inflation edged down in both Brazil and Mexico in September and it should fall further over the next six... 9th October 2013 · 1 min read
Global Markets Update Markets remain sanguine about risks of US default Despite all the understandable concerns, market pricing suggests that most investors are still fairlyrelaxed about the chances that the US government will default on its debt. As it happens, we think... 9th October 2013 · 1 min read
UK Housing Market Update Help to Buy mortgage guarantees – is it time to reassess? We have been more sceptical than most that the Help to Buy mortgage guarantee will spark a new house price boom. Although the complexity of the scheme makes it difficult to draw firm conclusions... 9th October 2013 · 1 min read
US Economics Update Filling in the data gaps Some of the less well-known private sector alternatives to the official statistical releases, which have been suspended for the duration of the Federal government shutdown, suggest that the economy... 9th October 2013 · 1 min read
US Housing Market Update How serious is the threat to housing from the shutdown? The Federal shutdown is so far proving to be an inconvenience, rather than a show stopper, for the housing market recovery. But the shutdown may become more problematic if the deadline for raising the... 9th October 2013 · 1 min read
Commodities Update China has the cotton market sewn up for now We expect movements in the price of cotton to be driven by policy decisions in China over the next year. A probable reduction in government support for Chinese cotton farmers in 2014 is likely to put... 9th October 2013 · 1 min read
China Economics Update Can Shanghai become a global financial centre? The underwhelming launch of the Shanghai Free Trade Zone (FTZ) has led many to reassess the likelihood of the zone becoming a test bed for far-reaching policy reform any time soon. If anything, the... 9th October 2013 · 1 min read
Global Markets Update Nikkei set to outperform again Japanese equities have dropped further than their peers so far this month and are among the most vulnerable to the fall-out from a potential US government default. Nonetheless, once the debt-ceiling... 9th October 2013 · 1 min read
