Emerging Europe Data Response Central & South Eastern Europe GDP (Q3 2015) Today’s flash Q3 GDP data confirmed that the Central and South Eastern European economies continued to grow robustly, despite fears of a widespread EM slowdown. Indeed, this year is shaping up to be... 13th November 2015 · 1 min read
Japan Economics Weekly Slowdown bolsters case for delay in sales tax hike The government has set itself a stringent target for eliminating the budget deficit and currently intends to raise the sales tax again in 2017 to help it achieve that end. The economic weakness that... 13th November 2015 · 1 min read
China Data Response Hong Kong GDP (Q3) Hong Kong is often seen as a bellwether for the state of global trade. As such, its latest GDP figures are relatively reassuring, with growth of goods exports picking up and GDP growth last quarter... 13th November 2015 · 1 min read
Asia Data Response Malaysia GDP (Q3) Malaysia’s economy slowed in Q3 against a backdrop of low commodity prices and souring consumer sentiment. With the effects of the collapse in commodity prices still working their way through the... 13th November 2015 · 1 min read
Australia & New Zealand Economics Weekly A significant shift in borrowing trends The Reserve Bank of Australia will have been pleased to see more evidence that the housing market is cooling at the same time that the outlook for business investment is improving. If recent trends... 13th November 2015 · 1 min read
Latin America Economics Update A turning point? The flurry of Q3 GDP data due over the coming weeks are likely to show that the downturn in Latin America’s economy has begun to bottom out. But this marks a wide divergence in performance at a... 12th November 2015 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude oil stocks jumped as production rose again and net imports rebounded. However, demand also recovered as refineries continued to ramp production back up. 12th November 2015 · 1 min read
Precious Metals Update Q3 World Gold Council Demand Trends In its latest World Demand Trends report, published today, the World Gold Council outlined an improving picture in Q3. Demand surged by 8% y/y during the quarter, as subdued prices encouraged buying... 12th November 2015 · 1 min read
OPEC Watch OPEC’s production falls, led by Iraq OPEC’s oil production fell in October but remains well above target. Global inventories also remained very high. The market will still take some time to return to balance, with prices set to recover... 12th November 2015 · 1 min read
US Economics Update JOLT survey shows labour market remains robust The rebound in the job openings rate to 3.7% in September, from 3.6%, illustrates that labour market conditions remain robust. September was also only the second month on record that the job openings... 12th November 2015 · 1 min read
Capital Daily Will a savings glut save US Treasuries from tighter Fed policy? 12th November 2015 · 1 min read
Middle East & North Africa Economics Update Saudi privatisations add to reasons for slow policy adjustment The Saudi government appears to be moving towards privatising a number of state-owned companies which, although not a game changer when it comes to financing the budget deficit, adds to the reasons to... 12th November 2015 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Oct.) House price inflation remained at 5.6% in October and the high home sales-to-new listings ratio indicates that it might rise as high as 6.0% by the end of the year. The national average continues to... 12th November 2015 · 1 min read
UK Commercial Property Update London’s growing office pipeline not (yet) a cause for concern Construction in London rose sharply over the last six months. That said, fears about oversupply in London’s office market overlook the fact that completions do not deliver a one-for-one rise in stock... 12th November 2015 · 1 min read
Global Markets Focus Shifts in global savings and their implications for US Treasuries The unusual stability of long-term US Treasury yields during the last Fed tightening cycle between 2004 and 2006 has been attributed to a glut of global savings. We are not convinced by this... 12th November 2015 · 1 min read
Europe Economics Update Just how worried should we be about Spain? Political developments in Spain could not only dampen the country’s previously strong economic recovery but also threaten to re-ignite the euro-zone’s debt crisis. 12th November 2015 · 1 min read
