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
India Economics Weekly October’s record trade deficit not a sign of things to come India’s trade deficit widened to its largest on record in October, fuelling fresh concerns about the rupee which is hovering near all-time lows against the US dollar. But the surge in gold imports is... 21st November 2025 · 4 mins read
Climate Economics Update China’s green exports were part of broader slowdown The slowdown in the annual growth rate of our proprietary measure of China's so-called New Three export volumes in October suggests that China’s green technology exporters were not immune to broader... 20th November 2025 · 2 mins read
Emerging Europe Economics Update Thinking through a potential end to the war in Ukraine Media reports suggest that the US and Russia are drafting a peace plan to end the war in Ukraine, seemingly on terms favourable to Russia. Were this to materialise, a lack of sufficient security... 20th November 2025 · 6 mins read
Europe Economics Focus What to make of euro-zone inflation differentials Next year, inflation is likely to remain higher in Spain and Germany than in Italy and France. But unlike in the 2000s, inflation differentials are not currently a sign that unsustainable imbalances... 19th November 2025 · 9 mins read
US Rapid Response US International Trade (Aug. 2025) Swings in gold trade were once more a key driver of movements in the trade balance in August, resulting in a $18.6bn narrowing in the deficit to $59.6bn. 19th November 2025 · 2 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (November 2025) Our Emerging Markets Chart Pack has been updated with the latest data and our analysis of recent developments. EM growth held up well in Q3, although headwinds from fiscal tightening, softer labour... 19th November 2025 · 1 min read
Asia Economics Update Taiwan: why aren’t consumers joining the party? Taiwan’s economy is booming and this has been driven almost entirely by exports, whereas domestic demand, and especially consumer spending, has been sluggish. That’s because faster wage increases in... 19th November 2025 · 4 mins read
Europe Economics Update US-Swiss deal to help reverse GDP contraction Assuming it is implemented soon, the deal to lower US tariffs on Switzerland from 39% to 15% would leave Swiss exporters paying the lowest US average tariff rate of any major economy, at around 7%... 17th November 2025 · 3 mins read
Emerging Markets Economics Update Early current account warning signs in a few EMs Emerging economies’ external positions generally look strong. But current account deficits are starting to widen in a handful of countries in Latin America as well as in the Philippines and Poland... 17th November 2025 · 3 mins read
Europe Economics Weekly France delays pension reform; Swiss-US talks The narrowing in the spread on French government bonds over the past month may reflect the fact that France has avoided early elections for now and the latest economic data have been quite strong. But... 14th November 2025 · 6 mins read
Japan Economics Weekly The risks from escalating tensions with China There is a risk that the recent tensions with China escalate into a full-blown trade spat akin to the conflict around the Senkaku islands in the early 2010s. There are several avenues through which... 14th November 2025 · 6 mins read
Middle East & North Africa Economics Weekly Shifting geopolitical allegiances, IMF to visit Egypt The meeting between Saudi Arabia’s Crown Prince Mohammed bin Salman and President Trump next week is widely expected to see the announcement of a new security deal and the US’s partnership in the... 13th November 2025 · 7 mins read
Asia Economics Update Philippines: wider current account leaves peso vulnerable The Philippines’ current account deficit has widened to more than 4% of GDP and it is being increasingly financed by more volatile forms of foreign capital. This helps to explain why the peso has... 13th November 2025 · 4 mins read
Asia Economics Update Are cheap imports from China lowering Asian inflation? We aren’t convinced that cheaper imports from China had much to do with the recent sharp fall in inflation in the rest of Asia. While we expect inflation to remain soft next year, that reflects our... 11th November 2025 · 4 mins read
