Australia & New Zealand Economics Weekly Financial stability concerns persist into 2018 Financial stability concerns were in the spotlight in Australia for much of 2017 and although actions by the RBA and APRA have gone some way to addressing these concerns, recent news that household... 5th January 2018 · 1 min read
Australia & New Zealand Data Response Australia International Trade (Nov.) The further widening in the international trade deficit in November suggests that after making a neutral contribution to GDP growth in the third quarter, the external sector was probably a drag on GDP... 5th January 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Persistent strength in demand from refineries and an increase in exports pushed US crude stocks lower last week. However, petroleum product stocks jumped as demand plummeted during the holiday season... 4th January 2018 · 1 min read
UK Economics Chart Pack Economy gathered a little momentum in Q4 The latest survey evidence suggests that the economy ended 2017 on a reasonable footing. Indeed, despite a fall-back in both the manufacturing and construction PMI surveys in December, the all-sector... 4th January 2018 · 1 min read
Capital Daily Global composite PMI underlines boost from growth to equities 4th January 2018 · 1 min read
Metals Chart Pack Industrials outperform precious metals in 2017 The prices of most metals rallied in 2017, bolstered by strong Chinese economic growth, a weaker dollar and, in some cases, supply concerns. But, overall, industrial metals outperformed precious... 4th January 2018 · 1 min read
Energy Chart Pack A strong start to 2018 A number of temporary factors, including unusually cold winter weather and supply disruptions, gave a last-minute boost to the price of oil in 2017. Coal and LNG prices also benefitted from high... 4th January 2018 · 1 min read
UK Economics Update Household Borrowing Monitor (Nov.) November’s household borrowing figures will help to assuage fears that the slowdown in the housing market is gathering pace. And with consumers’ appetite for unsecured loans remaining strong, this... 4th January 2018 · 1 min read
UK Commercial Property Data Response Lending to commercial property (Nov.) Driven entirely by standing investments, net lending to commercial property rose by £452m in November. That said, the latest rise barely reversed half of the previous month’s drop and does not alter... 4th January 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending and Nationwide House Prices While mortgage approvals edged up in November, lending nonetheless remains weaker than a year ago. Meanwhile, house price growth stayed sluggish in December – at a level that is in line with our... 4th January 2018 · 1 min read
UK Data Response Markit/CIPS Services PMI (Dec.) The rise in December’s Markit/CIPS services PMI provides some reassurance that the economy did not lose pace at the end of the year, following the disappointingly-weak manufacturing and construction... 4th January 2018 · 1 min read
Nordic & Swiss Economics Update Twenty-fourth time lucky for the Riksbank? After bringing its net asset purchases to a close last month, the Riksbank reiterated that it expects to raise interest rates in September this year. The Bank’s track record suggests that this... 4th January 2018 · 1 min read
Europe Data Response Euro-zone Final PMIs (Dec.) The final estimate of December’s euro-zone Composite PMI confirmed that the economy finished the year on a high note, but inflationary pressures are building only slowly. 4th January 2018 · 1 min read
Middle East & North Africa Data Response Whole Economy PMIs (Dec.) December’s PMI data suggest that non-oil sectors in the Gulf ended last year on a fairly strong note. And while Egypt’s PMI slipped back last month the survey showed that price pressures there have... 4th January 2018 · 1 min read
US Data Response ISM Manufacturing Index (Dec.) The rebound in the ISM manufacturing index to 59.7 in December, from 58.2, leaves it close to a 13-year high and at a level that historically has been consistent with GDP growth accelerating to more... 3rd January 2018 · 1 min read
