UK Data Response Consumer Prices & Producer Prices (Feb.) UK CPI inflation broke its recent stable run to rise from 2.7% to 2.8% in February. Inflation is likely to pick up further in the near-term. However, the MPC has indicated that it will “look through”... 19th March 2013 · 1 min read
China Economics Update First thoughts on Premier Li Keqiang Premier Li Keqiang has taken office with pledges to tackle inequality, boost urbanisation and deal with vested interests. These are all major economic concerns. But longstanding China watchers may... 18th March 2013 · 1 min read
Africa Economics Update Is China helping or hindering South Africa? China’s rapid development and integration into the global economy has had important effects on a number of countries across sub-Saharan Africa (SSA). In this Africa Watch, we take a closer look at... 18th March 2013 · 1 min read
Global Markets Update Will there be more contagion from the crisis in Cyprus? The negative reaction in Europe’s financial markets to the decision to "bail in" depositors in Cyprus has been fairly muted so far. Admittedly, the euro fell below $1.30 against the dollar on Monday... 18th March 2013 · 1 min read
US Economics Update Housing starting to boost industry and employment In addition to the direct boost to GDP from homebuilding, the housing recovery has started to provide an indirect boost by supporting both industrial activity and employment. The possibility that the... 18th March 2013 · 1 min read
Middle East & North Africa Economics Update How much will Saudi Arabia benefit from strong Asian growth? Saudi Arabia’s growing trade ties with Asia bode well for the economy’s growth prospects over the coming years. While we expect advanced economies to remain sluggish, Emerging Asia should grow at... 18th March 2013 · 1 min read
US Housing Market Update Return of housing equity withdrawal here to stay For the first time in four years households are withdrawing more cash from their homes than they are putting into them. Rather than being a temporary blip, we think that this marks the start of a... 18th March 2013 · 1 min read
Emerging Markets Economics Update EM recovery falters Our EM GDP Tracker provides tentative evidence that the recent emerging market recovery is losing steam. Growth slowed slightly in Emerging Asia and Latin America in January, and continues to be very... 18th March 2013 · 1 min read
Latin America Economics Update Chilean growth remains strong, but likely to slow ahead Chile posted another quarter of robust GDP growth in Q4, but we remain concerned about the extent to which growth has become dependent on the strength of domestic demand. Meanwhile, the latest data... 18th March 2013 · 1 min read
Emerging Europe Economics Update What does the Cypriot bail-out deal mean for Russia? Russia’s financial markets have taken fright this morning following the announcement of details of the Cypriot bail-out, which looks set to hit Russian deposits there hard. But despite the fact that... 18th March 2013 · 1 min read
Global Markets Update What the Cyprus crisis means for the rest of the world A further escalation of the crisis in tiny Cyprus may have global implications well beyond the immediate market reactions today. It could influence the course of fiscal policy in the UK and monetary... 18th March 2013 · 1 min read
Europe Economics Update Is Cyprus really a special case? The plan to impose losses on Cypriot bank depositors has potentially serious implications for financial stability in the euro-zone as a whole. Cyprus is arguably a special case, but given remaining... 18th March 2013 · 1 min read
Latin America Economics Update BANXICO unlikely to step in to stem peso appreciation yet We expect the Mexican peso to continue to outperform its peers over the coming months. But while the peso may appreciate towards 12/$ this year, we doubt that the central bank (BANXICO) is about to... 18th March 2013 · 1 min read
Emerging Europe Economics Update Hungary mulls more radical policy shift The appointment of the new governor at Hungary’s National Bank has created havoc. Investors have become unnerved at the prospect of drastic measures to boost the economy, leading to a fresh sell-off... 18th March 2013 · 1 min read
