Asia Economics Update Bank Indonesia to cut rates again before year-end Given the economy’s poor growth prospects and the subdued outlook for inflation, today’s rate cut by Bank Indonesia (BI) is unlikely to be the last in the current cycle. However, as the central bank... 22nd September 2017 · 1 min read
Global Economics Update Flash PMIs (Sep.) Business surveys published today for the euro-zone and the US suggest that growth in advanced economies was quite strong in September and that price pressures may have picked up a bit. 22nd September 2017 · 1 min read
Canada Economics Weekly Household indebtedness highest among G7 The strong GDP performance over the first half of the year means that Canada will probably finish at the top of the G7 growth ladder this year. More worryingly, however, it also takes first place when... 22nd September 2017 · 1 min read
US Economics Weekly Fed to press ahead despite inflation "mystery" As the statement and updated projections from this week’s FOMC meeting made clear, a majority of Fed officials remain convinced that the recent weakness of core inflation is mostly due to transitory... 22nd September 2017 · 1 min read
Nordic & Swiss Economics Update Will Switzerland’s economic recovery restart? In light of the disappointing performance of the Swiss economy in the first half of the year, we have revised down our 2017 GDP forecast substantially. We still expect the economic recovery to gain... 22nd September 2017 · 1 min read
Europe Commercial Property Update Can Dublin industrial returns continue to outperform? Rental growth has been the driver of total returns in Dublin commercial property. But with the largest rental increases behind us, yield shifts will now play a greater role. Given the likelihood of... 22nd September 2017 · 1 min read
Latin America Data Response Mexico Bi-Weekly CPI (Sep.) Data to the middle of September showed that Mexican inflation fell for the first time in almost eighteen months, suggesting that the headline rate may now have peaked. We expect inflation to fall... 22nd September 2017 · 1 min read
Canada Data Response Consumer Price Index (Aug.) Although the headline inflation rate rose to a moderate 1.4% in August, from 1.2%, the further increases in core inflation are broadly consistent with the reduced slack in the economy. This suggests... 22nd September 2017 · 1 min read
UK Economics Weekly How hard would higher interest rates hit consumers? The prospect of the first rise in interest rates in a decade has raised concerns about what impact it would have on the already beleaguered consumer. But modest rises in interest rates shouldn’t put a... 22nd September 2017 · 1 min read
Europe Economics Weekly What will Germany’s election mean for the economy? The German election taking place on Sunday is not expected to have a significant impact on the economy. But the composition of the next coalition – which is likely to be either another grand coalition... 22nd September 2017 · 1 min read
UK Data Response CBI Industrial Trends Survey (Sep.) The continued strength of the CBI Industrial Trends Survey in September suggests that the improvement in the official manufacturing output data in July will continue throughout the third quarter. 22nd September 2017 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Sep.) September’s rise in the euro-zone Composite PMI suggests that the recovery has regained momentum after a brief summer lull. While this will embolden policymakers, as inflation is set to rise only... 22nd September 2017 · 1 min read
Latin America Economics Update Argentina’s economic recovery looking unbalanced Recently-released GDP data confirmed that Argentina’s economic recovery continued in Q2, with economy growing at its fastest pace in two years. However, the drivers of growth are looking unbalanced. 22nd September 2017 · 1 min read
Asia Economics Weekly Bank of Thailand to resist pressure to cut interest rates The government is putting pressure on the Bank of Thailand (BoT) to cut interest rates in order to weaken the baht, which has been the best performing currency in Asia so far this year. The central... 22nd September 2017 · 1 min read
Australia & New Zealand Economics Weekly A solid first year from Governor Lowe Philip Lowe has notched up an impressive scorecard in his first year as Governor of the Reserve Bank of Australia, but greater challenges lie ahead. There are reasons to believe that economic growth... 22nd September 2017 · 1 min read
