Middle East & North Africa Chart Pack A split in regional economic performance The rapidly deteriorating political situation in Syria will undoubtedly worsen the economic conditions in the Middle East and North Africa (MENA) region. Admittedly, the country’s GDP amounted to less... 12th April 2011 · 1 min read
Europe Data Response German ZEW (Apr.) April’s fall in the headline German ZEW index does little to alter our view that the German economy will continue to grow at a pretty robust pace over the coming months. 12th April 2011 · 1 min read
UK Data Response Consumer Prices (Mar.), BRC Sales (Mar.) & Trade (Feb.) March’s drop in both inflation and consumer spending clearly relieves some of the pressure on the Monetary Policy Committee (MPC) to raise interest rates soon. Although inflation is probably set to... 12th April 2011 · 1 min read
UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Mar/Feb) Very weak activity levels continued to exert a downward pressure on house prices in March. But while prices in London reportedly rose, in other regions the evidence suggests that the housing market... 12th April 2011 · 1 min read
Emerging Europe Economics Update Euro-crisis: the calm before the storm for CEE markets? We doubt that the bailout of Portugal will draw a line under the problems in the euro-zone’s peripheral economies and fear instead that it may mark the start of a new, more dangerous phase of the... 12th April 2011 · 1 min read
Asia Economics Update Korea’s monetary policy tightening has further to go The Bank of Korea (BoK) kept its base rate at 3.0% today, as expected. The strengthening won is doing some of the heavy-lifting in terms of policy tightening, but the central bank will not want to... 12th April 2011 · 1 min read
Global Economic Outlook Growth set to slow again We expect the pace of global growth to slow during this year, particularly in advanced economies. Restrictive fiscal policy will begin to bite and consumer spending will weaken. Inflation will rise... 11th April 2011 · 1 min read
Latin America Economics Update Peru: Humala win means markets set for rollercoaster ride It appears that the Presidential election in Peru is heading for a second round of voting between Ollanta Humala and Keiko Fujimori on 5th June. While a victory for Ms. Fujimori would perhaps be the... 11th April 2011 · 1 min read
Global Markets Update Silver to follow gold to all-time high The recent surge in the price of silver largely represents catch-up with gold after three years of underperformance. This phase of rapid catch-up is probably now drawing to an end. Nonetheless, the... 11th April 2011 · 1 min read
Emerging Europe Economics Focus Can Poland stay ahead of the pack? The near-term outlook for the Polish economy remains amongst the strongest in the region, with GDP growth set to remain close to its potential rate of around 4% for the next couple of years. But the... 11th April 2011 · 1 min read
Latin America Economics Update President Rousseff heads to Beijing President Rousseff's trip to Beijing this week is likely to produce a welter of statistics illustrating how both countries have benefitted from each other's respective development in recent years. But... 11th April 2011 · 1 min read
China Data Response Foreign Trade (Mar.) A strong rebound in exports propelled China's trade back into a small surplus last month. There was still a deficit over the first quarter as a whole, but the difference from a year ago can be... 11th April 2011 · 1 min read
Japan Economics Weekly What will the disaster do to inflation? Japanese inflation was always likely to turn positive this year due to commodity price movements and base effects in the year-on-year comparison. The recent disaster means inflation is likely to be... 11th April 2011 · 1 min read
Europe Economics Weekly ECB takes the lead, for now Last week’s decision by the ECB to raise interest rates before other major central banks mainly reflected its different attitude and approach to inflation-targeting. But we suspect that there were... 11th April 2011 · 1 min read
