Europe Economics Update High-quality job growth supporting Spanish incomes While Spain’s fast rate of employment growth has attracted attention recently, the quality of jobs has also improved. In particular, the information and communication sector has seen significant... 27th November 2025 · 3 mins read
Emerging Europe Rapid Response CEE Economic Sentiment Indicators (Nov.) The European Commission’s Economic Sentiment Indicators for Central and Eastern Europe generally rose in November and point to solid regional growth in Q4. That said, firms’ selling price expectations... 27th November 2025 · 2 mins read
China Activity Monitor CAP: Growth slows, but industry still going strong Our China Activity Proxy suggests that growth slowed last month on the back of weaker growth in services activity. And, despite October’s export slowdown, the industrial sector remained resilient... 26th November 2025 · 1 min read
US Rapid Response US Durable Goods Orders (Sep 2025) September’s durable goods orders suggest investment remain resilient, despite lingering tariff uncertainty, as the AI boom drives strong spending on tech goods. 26th November 2025 · 2 mins read
Event Drop-In: The World in 2026 - The global macro and market outlook 10th December 2025, 3:00PM GMT Will the US economy continue to outperform on the back of the AI boom? How will trade tensions shape global macro outcomes?
Australia & New Zealand Economics Update The case for a prolonged pause by the RBNZ The RBNZ has signalled its easing cycle is over and that policy normalisation could be on the agenda as soon as mid-2027. However, it is assuming that spare capacity will diminish much more rapidly... 26th November 2025 · 3 mins read
India Economics Update A more formal, more flexible labour market Sweeping labour market reforms in India have been overshadowed by haphazard implementation and will raise compliance cost for firms in the near term. But once the dust settles, several new measures... 26th November 2025 · 3 mins read
India Chart Pack India Chart Pack (November 2025) After a very strong run, India’s economy faces a more challenging few quarters in the face of punitive US tariffs. But hopes are growing again that these could be reduced. And in any case, domestic... 26th November 2025 · 1 min read
Australia & New Zealand Economics Update RBNZ done cutting, but no hikes before H2 2027 In line with our long-held forecast, the Reserve Bank of New Zealand cut rates to 2.25% at its meeting today and signalled that its easing cycle has now come to an end. As the recovery gains traction... 26th November 2025 · 3 mins read
US Chart Pack US Chart Pack (Nov. 2025) We think the AI-investment boom is still in its relatively early stages and will eventually drive strong productivity gains as adoption of the technology rises. This keeps us optimistic on the growth... 25th November 2025 · 1 min read
Emerging Europe Economics Focus Russia & China: a “no limits” partnership with limits Russia and China declared a “no limits” partnership in 2022, but the economic limits to the relationship have become increasingly clear. Chinese FDI in Russia remains low, bilateral trade is... 25th November 2025 · 19 mins read
Australia & New Zealand Economics Update New Zealand: weak population growth holding back recovery The tighter labour market in Australia will continue to encourage large numbers of New Zealanders to move to Australia, holding back the recovery in the housing market and consumer spending. While... 25th November 2025 · 4 mins read
Europe Rapid Response Germany Ifo Survey (November 2025) The fall in the German Ifo in November chimes with the drop in the Composite PMI and suggests that the German economy remains weak, with the fiscal stimulus is not yet having a meaningful impact. We... 24th November 2025 · 2 mins read
Latin America Economics Weekly Chile shifts right, current account deficits, Banco Master The first round of Chile’s presidential election resulted in right-wing candidate José Antonio Kast becoming the clear front-runner in the second round due in December. Kast’s steps this week signal a... 21st November 2025 · 6 mins read
Emerging Europe Economics Weekly Ukraine peace plan, Hungary rates, Israel’s recovery Details of the latest US-Russian led peace plan to end the war in Ukraine suggest that Washington is willing to make significant concessions to Moscow in negotiations, but the proposal is likely to... 21st November 2025 · 7 mins read
