UK Housing Market Data Response BBA Mortgage Lending (Sep.) The BBA reported a dip in mortgage approvals for both house purchase and remortgaging in September. But with economic conditions supportive, the number of buyers growing, and banks seeking to expand... 26th October 2015 · 1 min read
Latin America Economics Update Argentina: Scioli scrapes victory, but ‘Macrinomics’ now possible A much narrower-than-expected victory for Daniel Scioli in Argentina’s general election means that outgoing president Cristina Kirchner’s chosen successor will face a tricky second-round run-off on... 26th October 2015 · 1 min read
Asia Economics Update Malaysia’s budget signals continued fiscal discipline The Malaysian government remains committed to keeping the budget deficit in check, despite the fall in oil prices which has hit fiscal revenues hard. This has left the government with little scope to... 26th October 2015 · 1 min read
Europe Data Response German Ifo Survey (Oct.) October’s German Ifo survey echoed the message from other indicators that growth may be slowing, although the Volkswagen scandal seems to be having little impact on the car industry for now. 26th October 2015 · 1 min read
Emerging Europe Economics Update Law & Justice victory dampens Poland’s medium-term outlook Exit polls suggest that the opposition Law and Justice won a convincing victory in yesterday’s Polish parliamentary election, which is likely to cement concerns about a shift towards more populist... 26th October 2015 · 1 min read
Bank of Japan Watch BoJ likely to announce more stimulus on Friday The recent rebound in underlying inflation provides a reason for the Bank of Japan to stand pat at Friday’s meeting, but not a compelling one. With the economy back in recession and the tight labour... 26th October 2015 · 1 min read
Canada Economics Weekly Bigger fiscal expansion may eventually be needed Canada’s growth outlook is one of the weakest among G7 members and other advanced economies. Low commodity prices are the main reason for this. With falling business investment weighing the economy... 23rd October 2015 · 1 min read
Commodities Weekly Dollar strength and supply worries weigh again The mood in commodity markets soured once more in the past week, with any positive developments outweighed by the negatives, including renewed US dollar strength, OPEC disunity, high US oil stocks and... 23rd October 2015 · 1 min read
Capital Daily Rebound in the New Zealand dollar likely to prove short-lived 23rd October 2015 · 1 min read
Global Economics Update Flash Manufacturing PMIs (Oct.) Preliminary PMIs published by Markit today suggest that activity in advanced economies picked up in October. Claims that the world economy is in the throes of a broad-based downturn are clearly... 23rd October 2015 · 1 min read
US Economics Weekly Debt ceiling still likely to be raised before deadline The Treasury’s November 3rd deadline for raising the debt ceiling is getting closer without any sign that Congress is close to a deal to raise the limit. Yields on Treasury bills scheduled to mature... 23rd October 2015 · 1 min read
Energy Watch What to watch in the oil market The oil market is inundated with thousands of different statistics regarding production, consumption and trade on a daily basis. In this Energy Watch we pick five figures which we consider to be the... 23rd October 2015 · 1 min read
Europe Economics Weekly ECB QE expansion now more likely than ever ECB President Mario Draghi surprised many with his very dovish comments at the press conference that followed last week’s ECB Governing Council meeting. But he remained coy about what tools the Bank... 23rd October 2015 · 1 min read
Global Trade Monitor Advanced economy exports outshine EM exports The volume of world trade fell again in August, continuing its weak run this year. Exports from emerging economies have been particularly sluggish, although they have held up much better in volume... 23rd October 2015 · 1 min read
Commodities Update Brazil Sugar Production (1st Oct. - 16th Oct.) Data released today by Brazil’s Sugarcane Industry Association, UNICA, showed that the volume of cane harvested in Brazil’s main South-Central region fell to 36.1 million tonnes, from 40.5 million in... 23rd October 2015 · 1 min read
China Economics Update Stimulus, plus a dash of reform The People’s Bank has delivered another jolt of stimulus in the form of cuts to both benchmark interest rates and the required reserve ratio. Deposit rates have also now been fully liberalised, an... 23rd October 2015 · 1 min read
