China Economics Update Chinese exports fall off a cliff Local sources suggest that Chinese exports have experienced a sudden collapse. This may explain last week’s inter-day weakness in the renminbi. But the case for a sustained depreciation is still poor. 8th December 2008 · 1 min read
Asia Economics Update Policy easing in India won't prevent sharp slowdown With the aftershocks from the Mumbai terror attacks adding to the downside risks to growth, further rate cuts and a fiscal stimulus look imminent in India. But these measures are unlikely to ward off... 5th December 2008 · 1 min read
Emerging Europe Economics Update Weaker ruble won't rescue the Russian economy 5th December 2008 · 1 min read
Europe Economics Update ECB steps up the pace The ECB’s 75bp interest rate cut to 2.5% is an encouraging sign that the Bank recognises the severity of the economic downturn after earlier hints that a more modest reduction was likely. Although... 4th December 2008 · 1 min read
Asia Economics Update Should China force a renminbi depreciation? A sizeable depreciation of the renminbi against the dollar would be provocative during a global slump and might do little to help China’s economy. 4th December 2008 · 1 min read
UK Economics Update Interest rates heading to zero? Today’s further 1% fall in UK interest rates to match their lowest ever levels underlines the seriousness of the situation facing the economy. But there is more to do and there is now a very real... 4th December 2008 · 1 min read
UK Economics Update Interest rates heading to zero? Today’s further 1% fall in UK interest rates to match their lowest ever levels underlines the seriousness of the situation facing the economy. But there is more to do and there is now a very real... 4th December 2008 · 1 min read
UK Housing Market Update Mortgage payment deferral unlikely to constrain house price falls New measures aimed at limiting the number of people losing their homes are unlikely to bring the housing market correction to an end, let alone bring about a revival. But, they could help to slow the... 4th December 2008 · 1 min read
Asia Chart Pack Japan - Deeper recession now likely in 2009 (Dec 08) Japanese households and companies have avoided the financial excesses and over-indebtedness that point to a severe and prolonged recession in the West. Japanese banks are also in relatively good shape... 4th December 2008 · 1 min read
UK Economics Update Car sales continue to plummet The number of new car registrations plummeted in November at the fastest rate yet. The automotive sector is shaping up to be one of the hardest hit areas of the economy during this recession. 4th December 2008 · 1 min read
Europe Economics Update Swedish interest rates plunge by 1.75% The decision by the Swedish Riksbank to slash interest rates by 175 basis points highlights the degree to which the economic outlook has deteriorated. With the downturn set to worsen next year... 4th December 2008 · 1 min read
