Energy Data Response US Weekly Petroleum Status Report Oil stocks fell last week despite a large rebound in net imports. However, gasoline stocks surged as output from refineries increased and demand dropped. 7th December 2016 · 1 min read
Global Markets Update Trumponomics, Reaganomics and the US dollar Although we expect the US dollar to continue to strengthen, we doubt that it will climb as high as it did in the early 1980s. Admittedly, the Trumponomics of the future may resemble the Reaganomics of... 7th December 2016 · 1 min read
Capital Daily How much will the dollar benefit from a shift in the policy mix? 7th December 2016 · 1 min read
Nordic & Swiss Economics Update Decent economic growth but challenges lie ahead The Nordic and Swiss economies generally recorded positive growth in Q3 and look set to do so again in Q4. But with growth in their main trading partner, the euro-zone, set to slow and a number of... 7th December 2016 · 1 min read
Europe Economics Update What does the referendum result mean for Italy’s banks? Following Italy’s referendum last weekend, some form of government support for the country’s weakest banks looks likely. But looking ahead, if an early general election were to take place next year... 7th December 2016 · 1 min read
Latin America Economic Outlook Growth to return in 2017 After two years of falling output, Latin America’s economy finally looks set to return to growth next year. Brazil and Argentina should exit recessions, while the downturns in Colombia and Chile are... 7th December 2016 · 1 min read
US Housing Market Data Response Mortgage Applications (Nov.) The sharp rise in mortgage rates following Trump’s win has had differing impacts on mortgage applications for refinance and home purchase. While refinancing activity continued to decline in November... 7th December 2016 · 1 min read
Europe Commercial Property Update Bucharest industrial rents have further to rise Contrary to popular belief, we think that it has been the strength of the domestic economy, rather than firms relocating to Romania on cost grounds, which has caused prime Bucharest industrial rents... 7th December 2016 · 1 min read
Middle East & North Africa Economics Update Saudi economy holds steady in Q3 Our GDP Tracker suggests that Saudi Arabia’s economy stabilised in Q3 and was on an improving trend towards the end of the quarter, supported by stronger growth in the oil sector. 7th December 2016 · 1 min read
Latin America Data Response Chile Consumer Prices (Nov.) The small uptick in Chilean inflation in November is likely to prove temporary and we expect the headline rate to fall further below the central bank’s target by early next year. Following more... 7th December 2016 · 1 min read
India Economics Update RBI looks complacent while waiting for clarity on demonetisation Having previously shown that it was willing to prioritise growth even at the risk of missing targets for inflation, the RBI’s decision today to keep interest rates on hold despite the downside risks... 7th December 2016 · 1 min read
UK Data Response Industrial Production (Oct.) October’s industrial production figures showed that the sector started Q4 on a weak footing, following the contraction experienced in Q3. However, the outlook for the sector further ahead appears... 7th December 2016 · 1 min read
UK Housing Market Data Response Halifax House Prices (Nov.) The headline annual rate of house price growth picked up in November. That said the underlying picture still shows a cooling market. With house prices very high and some buyers still cautious... 7th December 2016 · 1 min read
Europe Data Response German Industrial Production & French Trade (Oct.) October’s German industrial production and French trade data suggest that the euro-zone’s largest economies made a slower start to the fourth quarter than the business surveys had implied. 7th December 2016 · 1 min read
China Data Response FX reserves (Nov.) A big decline in China’s FX reserves last month confirms that the People’s Bank had to step up intervention in the face of a surging US dollar and more rapid capital outflows. 7th December 2016 · 1 min read
Africa Economic Outlook Tepid recovery as “Big Three” continue to struggle We expect that economic growth in Africa will pick up a bit in 2017 after a disastrous result in 2016. But the region’s recovery will be very weak, largely because of the poor performance of Nigeria... 7th December 2016 · 1 min read
