Middle East & North Africa Data Response Whole Economy PMIs (Aug.) August’s PMIs for the Gulf economies suggest that fiscal stimulus has continued to support a recovery in Saudi Arabia, but weaker external demand is weighing on growth in the UAE. Meanwhile, Egypt’s... 4th September 2018 · 1 min read
Africa Data Response South Africa Manufacturing PMI (Aug.) The collapse in South Africa’s manufacturing PMI in August may partly reflect a deterioration in sentiment related to the turmoil in EM financial markets last month. Even so, the data provides an... 3rd September 2018 · 1 min read
UK Data Response UK Markit/CIPS Manufacturing PMI (Aug.) The fall in the headline manufacturing PMI, from a downwardly-revised 53.8 in July to 52.8 in August, leaves the survey pointing to little improvement in the manufacturing sector’s fortunes. Indeed... 3rd September 2018 · 1 min read
India Data Response Manufacturing PMI (Aug.) India’s manufacturing PMI dropped in August, suggesting that growth in the sector has lost a bit of momentum in Q3 after a very strong Q2. 3rd September 2018 · 1 min read
Asia Data Response Manufacturing PMIs (Aug.) The August PMIs for Emerging Asia suggest that the region’s manufacturing sectors remained lacklustre. Meanwhile, Korean export data suggest export growth in the rest of the region stayed robust last... 3rd September 2018 · 1 min read
China Data Response Caixin Manufacturing PMI (Aug.) The latest survey data suggest that China’s economy continued to come under pressure last month. We expect further weakness ahead despite the shift toward policy easing. 3rd September 2018 · 1 min read
Australia & New Zealand Data Response Retail Sales (Jul.) It's become more likely that GDP growth in the second quarter was a bit stronger than we have been expecting, but the stagnation in retail sales values in July suggests that consumption may have lost... 3rd September 2018 · 1 min read
Australia & New Zealand Data Response CoreLogic House Prices (Aug.) With the full effects of tighter credit conditions and rising mortgage rates yet to be felt, the current housing downturn will probably end up being the longest and deepest in Australia’s modern... 3rd September 2018 · 1 min read
Japan Data Response Capital Spending (Q2) Today’s capital spending data suggest that business investment was much stronger last quarter than initially reported. This points to an upward revision to GDP growth in next week’s second estimate. 3rd September 2018 · 1 min read
Europe Economics Weekly Strong growth, weak inflation Euro-zone data published this week showed a picture of fairly strong growth but continued subdued inflationary pressure. In the coming years, we expect GDP growth to slow, but underlying inflation to... 31st August 2018 · 1 min read
US Economics Weekly Trade policy still a clear downside risk President Donald Trump may have reached an agreement to overhaul NAFTA this week but, as his interview with Bloomberg on Thursday highlighted, his protectionist instincts haven’t gone anywhere. They... 31st August 2018 · 1 min read
India Data Response GDP (Q2) Indian GDP growth beat most expectations in Q2 and is likely to continue expanding rapidly over the coming months, supported by looser fiscal policy ahead of next year’s general election. 31st August 2018 · 1 min read
Latin America Data Response Brazil GDP (Q2) The 0.2% q/q rise in Brazilian GDP in Q2 was a decent outturn given the disruptions to the economy caused by the truck drivers’ strike in late May. And growth is likely to strengthen in the second... 31st August 2018 · 1 min read
Latin America Chart Pack Argentina back in crisis The sell-off in the Argentine peso this month gathered pace after the government’s impromptu request to draw down more of its IMF bailout. Rather than soothing market tensions, this reinforced... 31st August 2018 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Aug.) The latest GfK/NOP confidence survey suggested that consumers were in fairly good spirits in August. And while Brexit uncertainty may weigh more heavily on confidence in the coming months, a gradual... 31st August 2018 · 1 min read
Nordic & Swiss Data Response Finland & Denmark GDP (Q2) Denmark had a weak first half of the year, but timelier evidence points to slightly faster growth in Q3. Meanwhile, Finland’s economy continues to perform well. 31st August 2018 · 1 min read
