Japan Data Response Consumer Confidence (Jun.) Despite a decline in June, consumer sentiment remains at elevated levels and household inflation expectations continue to recover. 3rd July 2017 · 1 min read
India Data Response Manufacturing PMI (Jun.) June’s PMI reading suggests that India’s manufacturing sector weakened a touch last month, but remained in relatively good shape on the eve of the implementation of the new Goods and Services Tax (GST... 3rd July 2017 · 1 min read
China Data Response Caixin Manufacturing PMI (Jun.) Today’s PMI reading suggests that growth in China may have edged up at the end of Q2. Nonetheless, it is still consistent with more subdued economic activity than during much of the past few quarters... 3rd July 2017 · 1 min read
Asia Data Response Manufacturing PMIs (Jun.) The June PMIs for Emerging Asia suggest that the region’s manufacturing sectors remained in decent health. The pick up in the PMI readings in Taiwan and Korea – the two economies where the PMIs most... 3rd July 2017 · 1 min read
Japan Data Response Tankan (Q2) The jump in the Tankan’s headline index for large manufacturers suggests that economic activity accelerated last quarter. Capacity shortages have intensified and manufacturers are reporting the... 3rd July 2017 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Jun.) The latest fiscal data revealed a mixed performance by the euro-zone’s peripheral countries, with Ireland faring particularly well. Meanwhile, Greece reached a deal with its creditors but, in the... 30th June 2017 · 1 min read
Canada Economics Weekly Bank can’t ignore low inflation The Bank of Canada’s recent hawkishness doesn’t fit with the weaker core inflation data. Amid further warnings from the BIS about the dangers of sticking too closely to inflation targets when asset... 30th June 2017 · 1 min read
Global Economics Update Are higher bond yields a welcome sign? We expect government bond yields to rise further during the coming months than they have done in the past couple of days. But rather than causing growth to slow, higher bond yields will be a sign that... 30th June 2017 · 1 min read
UK Economics Update Brexit Watch: Small steps, rather than giant leaps Brexit Secretary David Davis’ comments this week that enacting Brexit is more challenging than putting a man on the moon were underlined by a number of key votes in the House of Commons as well as the... 30th June 2017 · 1 min read
Canada Economics Update Business confidence more positive despite housing slowdown The latest Business Outlook Survey highlights that, despite the potential disaster unfolding in the housing market, businesses expect faster GDP growth this year, which obviously explains the Bank of... 30th June 2017 · 1 min read
China Economics Update Equities, renminbi rise on state intervention Chinese equities ended June at a two-month high, likely supported by state buying. Increased intervention by officials also appears to have been responsible for the renminbi’s recent appreciation... 30th June 2017 · 1 min read
Middle East & North Africa Chart Pack Politics rocks the Gulf Political developments have dominated the news in the MENA region this month. In Qatar, financial markets have sold off amid a diplomatic spat with regional powers. So far, though, the broader... 30th June 2017 · 1 min read
Commodities Weekly Dollar weakness helping to prop up prices It has been a relatively quiet week although the prices of most commodities rose, supported by a further depreciation of the US dollar. The precious metals were the relative underperformers, perhaps... 30th June 2017 · 1 min read
UK Economics Weekly Is investment now driving the MPC? Amidst the rather confusing signals given by Bank of England Governor Mark Carney and colleagues in recent weeks, one message to become clearer is an apparent increased focus on the question of... 30th June 2017 · 1 min read
US Economics Weekly Is the Illinois’ budget crisis a one-off? Even if Illinois legislators manage to agree on a new budget and stave off the threat of a credit rating downgrade in the near-term, adverse demographics mean that the public finances in Illinois and... 30th June 2017 · 1 min read
