Latin America Data Response Mexico Industrial Production (Aug.) The 0.3% m/m rise in Mexican industrial production in August is encouraging but the data predate the earthquakes that hit the country last month. The disruption caused by the quakes mean that the... 12th October 2017 · 1 min read
DM Markets Chart Pack Will strong earnings growth continue to buoy equities? Healthy economic growth is providing ongoing support to equities, which have performed well over the past month. Indeed, the vast majority of the rise in the MSCI World Index of developed market... 12th October 2017 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Sep.) The drop in national home sales that began seven months ago resulted in a further slowdown in the rate of annual house price inflation to 11.4% in September, from 13.1%. A sharper slowdown in price... 12th October 2017 · 1 min read
India Data Response Consumer Prices (Sep.) & Industrial Production (Aug.) While headline consumer price inflation was unchanged last month, core inflation rose again. Policymakers will put less weight on the erratic industrial production data that were also released today... 12th October 2017 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3) Mortgage credit availability rose in Q3, but banks appear to have retreated from the provision of riskier home loans. And credit availability to commercial property was broadly flat on the year. 12th October 2017 · 1 min read
Africa Economics Update South Africa: Economy remained strong in Q3 After bouncing back in Q2, the latest activity data suggest that South Africa’s economy remained strong in mid-Q3. This supports our above-consensus growth forecasts for the country. 12th October 2017 · 1 min read
Europe Data Response Euro-zone Industrial Production (Aug.) August’s sharp rise in euro-zone industrial production suggests that the sector had a strong Q3, contributing to the continued healthy economic recovery. 12th October 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Sep.) With the fall in buyer enquiries accelerating, newly agreed sales falling sharply and a fresh slide in surveyors’ expectations, the RICS survey points to an extended slowdown in the housing market. 12th October 2017 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Sep.) Inflation remained above the Riksbank’s target in September and, with the economy performing strongly, domestic price pressures will continue to build. We therefore expect the Riksbank to start... 12th October 2017 · 1 min read
Africa Economics Focus Making sense of Africa’s statistical muddle Sceptics are right to question the reliability of official economic statistics in Africa, but the problems unevenly distributed across the region. For Africa’s larger economies, we think that the... 12th October 2017 · 1 min read
Global Markets Update EM sovereign bonds likely to remain relatively resilient Although the yields of US Treasuries have rebounded recently, those of emerging market (EM) local currency sovereign bonds have typically increased by less. We suspect that this will continue as... 12th October 2017 · 1 min read
India Economics Update GST gets political A number of recent tweaks to the new Goods and Services Tax (GST) appear to be attempts to shore up support for the BJP ahead of the upcoming state in election in Gujarat rather than attempts to... 11th October 2017 · 1 min read
US Economics Update Stage set for a pick-up in wage and investment growth The latest JOLT and NFIB surveys underline that labour market conditions are exceptionally tight, and suggest that the recent pick-up in wage and investment growth has further to run. 11th October 2017 · 1 min read
Capital Daily Will EM sovereign bonds continue to outperform Treasuries? 11th October 2017 · 1 min read
Emerging Markets Economics Focus Winners & losers in the low growth era All EMs have entered a period of permanently weaker growth but it remains the case that growth rates over the next decade or so will differ significantly between countries. In this Focus we identify... 11th October 2017 · 1 min read
Energy Update LNG rally may run out of steam Temporary supply disruptions and strong demand in Asia have boosted LNG prices to an almost 9-month high. However, the rally may soon lose momentum as winter demand looks set to peak at a time of... 11th October 2017 · 1 min read
