Europe Economics Weekly Europe Weekly: Trump-Putin and the euro-zone economy We do not expect President Trump’s meeting with President Putin to make a breakthrough on the Ukraine conflict. But even if there is a "deal" in the coming months the implications for the wider... 15th August 2025 · 7 mins read
Europe Rapid Response Swiss Flash GDP (Q2 2025) Growth slowed significantly in Switzerland in the second quarter as tariff front-running eased. The economy is likely to expand only slowly the next couple of quarters as high US tariffs and elevated... 15th August 2025 · 2 mins read
Japan Economics Weekly Japan Weekly: BoJ will welcome resilience of Japan’s economy While faster productivity growth makes it easier for firms to absorb stronger wage growth, the Bank of Japan will welcome the resilience of consumer spending and business investment since Liberation... 15th August 2025 · 6 mins read
Australia & New Zealand Economics Weekly ANZ Weekly: Strong jobs market won’t keep RBA from easing further When the RBA delivered a 25bp cut this week, it signalled a willingness to lower rates below 3% for the first time this cycle. Although subsequently released labour market and wage data surprised... 15th August 2025 · 4 mins read
China Rapid Response China Activity & Spending (Jul. 2025) Q3 started on a weak note, with a broad-based slowdown across key indicators. Given cooling exports and a lack of additional policy support, we think the outlook for the rest of the year remains... 15th August 2025 · 3 mins read
Japan Rapid Response Japan GDP (Q2 25 Preliminary) GDP growth rebounded more strongly last quarter than most had anticipated but we still expect a renewed slowdown over the coming quarters. 15th August 2025 · 2 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Aug. 2025) Our View: The Q2 GDP figures out so far point to robust growth across much of the emerging world, but we think growth will soften over the second half of the year. While growth across much of Asia... 14th August 2025 · 1 min read
Canada Chart Pack Canada Chart Pack (Aug. 2025) The economy has mostly held up against US tariffs so far, thanks largely to resilient consumer spending. But exports have weakened, and investment is showing signs of slowing. With the upcoming USMCA... 14th August 2025 · 1 min read
Europe Rapid Response GDP second estimate, Employment (Q2) and IP (June) Data released today confirm that the euro-zone economy expanded at only a modest pace in Q2 and that the labour market is cooling. We are forecasting a temporary pick-up in growth next year as a... 14th August 2025 · 2 mins read
UK Economics Rapid Response UK GDP (Jun. & Q2 2025) The unexpectedly strong 0.4% m/m rise in GDP in June (consensus and CE forecast 0.1%) and 0.3% q/q gain in Q2 are more likely to be due to a temporary burst of growth rather than a sign of a... 14th August 2025 · 3 mins read
Emerging Europe Rapid Response Russia GDP (Q2 2025) The slowdown in GDP growth in Russia to 1.1% y/y in Q2 suggests that the economy may have narrowly avoided a technical recession, but the economy is clearly struggling amidst imbalances that have... 13th August 2025 · 2 mins read
Latin America Economics Update Mexico: riding the US data centre boom Mexico’s exports of AI-related products to the US have surged and now rival its key auto exports. While there may be a degree of tariff front-running at play, the boom in US data centre investment... 13th August 2025 · 4 mins read
Canada Economics Weekly Weaker data support September rate cut The weaker housing and trade data released this week support our call for a September rate cut, a view which investors are beginning to come round to. 8th August 2025 · 5 mins read
