US Economics Weekly US making progress on deficit reduction Over the next two years, America is expected to reduce its government budget deficit by more than the largest European economies. This won’t come without a cost. But the big difference is that America... 20th May 2013 · 1 min read
UK Economics Weekly Still plenty of scope for Carney to act In contrast to his usual gloominess at Inflation Report press conferences, Mervyn King bowed out of his final forecasting round on a much chirpier note than usual. But there is still a significant... 20th May 2013 · 1 min read
Europe Economics Weekly Record euro-zone recession unlikely to end here The euro-zone’s Q1 GDP release made very grim reading. At least continued economic weakness will keep the pressure on the region’s policymakers to do more. But fiscal leniency has so far been very... 20th May 2013 · 1 min read
Asia Economics Weekly Investment unlikely to spur Asian economic resurgence Although most Asian countries invest more than their counterparts in other emerging regions, there is still scope for many countries in Emerging Asia to boost GDP growth by investing more. However, as... 20th May 2013 · 1 min read
US Data Response Uni. of Mich. Consumer Confidence (May) The sharp increase in the University of Michigan measure of consumer confidence to a near-six-year high of 83.7 in May, from 76.4, is due to a fruitful combination of a number of events. It appears... 17th May 2013 · 1 min read
Latin America Economics Update Mexico still on course to outperform Brazil this year Q1 data revealed that the Mexican economy expanded at its slowest annual rate since emerging from recession in 2009, but we suspect that the slowdown was just a blip rather than the start of a trend... 17th May 2013 · 1 min read
Canada Data Response Consumer Price Index (Apr.) The official core inflation figure, which declined to a slightly lower than expected 1.1% in April from 1.4% in the previous month, might slip below its target range as economic growth disappoints... 17th May 2013 · 1 min read
Emerging Europe Economics Update Russia: weak Q1 to fuel stimulus debate Russia’s Q1 GDP data were not as bad as feared, but growth still slumped to its weakest pace since 2009. This will fuel the ongoing debate about the need for economic stimulus. But with the slowdown... 17th May 2013 · 1 min read
Emerging Europe Economics Update Turkey upgraded, but external vulnerabilities persist Turkey’s second investment grade rating awarded last night was long-anticipated and is unlikely to have much impact on bond yields. In fact, Turkey’s large external financing risks mean that it is one... 17th May 2013 · 1 min read
Latin America Economics Update Chile prepares the ground for rate cuts later in the year The Central Bank of Chile (BCC) left its benchmark interest rate unchanged at 5.0% last night, however the accompanying statement was a little more dovish in tone than in recent months. We continue to... 17th May 2013 · 1 min read
Emerging Markets Economics Update EM consumer spending unlikely to stage strong recovery Over-invoicing by exporters over the last five months has significantly inflated the apparent strength of overseas demand. While official customs data show a surge in exports, this is not evident in... 17th May 2013 · 1 min read
China Chart Pack Mirage of strong foreign demand Over-invoicing by exporters over the last five months has significantly inflated the apparent strength of overseas demand. While official customs data show a surge in exports, this is not evident in... 17th May 2013 · 1 min read
Middle East & North Africa Economics Update Tourism prospects remain poor The ongoing recession in the euro-zone, domestic political instability and the deepening conflict in Syria will weigh on tourism in Egypt, Jordan, Lebanon and Tunisia. This, in turn, will be a drag on... 16th May 2013 · 1 min read
Middle East & North Africa Economics Update Tourism prospects remain poor The ongoing recession in the euro-zone, domestic political instability and the deepening conflict in Syria will weigh on tourism in Egypt, Jordan, Lebanon and Tunisia. This, in turn, will be a drag on... 16th May 2013 · 1 min read
UK Economics Update Do new pensions rules brighten the investment outlook? The rally in financial markets and The Pension Regulator’s more flexible stance has eased some of the immediate pressure on firms to deal with the deficits of their defined benefit pension schemes... 16th May 2013 · 1 min read
