Japan Chart Pack Recovery entering a slower phase Japan’s economy likely continued to grow at a solid pace in the second quarter of the year, even though the recent wide divergence between various measures of consumer spending raises question marks... 6th August 2013 · 1 min read
Canada Economics Weekly Manufacturers' struggles likely to persist Canadian manufacturing production is being hampered by sluggish foreign demand and, to a lesser extent, moderating domestic demand. While gradually improving US demand is providing much needed support... 5th August 2013 · 1 min read
Global Trade Monitor World trade remains weak The latest data show that world trade was lacklustre in both May and June, and surveys suggest that there will not be a big improvement any time soon. Meanwhile, the major regional trade negotiations... 25th July 2013 · 1 min read
Middle East & North Africa Chart Pack Egypt in turmoil (again) Egypt’s “second revolution” has made the outlook for the Arab world’s most populous nation highly uncertain. The economy is already extremely fragile – growth is sluggish, unemployment is high and the... 24th July 2013 · 1 min read
Japan Data Response Weaker exchange rate failing to boost competitiveness The first June trade deficit in more than 30 years shows that the slump in the yen has had little impact on Japan’s competitiveness. With exporters declining to cut prices to boost volumes and global... 24th July 2013 · 1 min read
US Chart Pack Employment gains mean that QE3 tapering still on track Even as estimates for second-quarter GDP growth have been revised lower in response to the disappointing incoming news on activity, the continued resilience of monthly employment gains has persuaded... 23rd July 2013 · 1 min read
Japan Economics Update Trans-Pacific Partnership talks to test PM Abe’s resolve Japan’s formal entry into negotiations on the Trans-Pacific Partnership (TPP) today is only the first step on a long road. Indeed, the talks are likely to drag on well into next year, and perhaps... 23rd July 2013 · 1 min read
Latin America Economics Update Revamped SICAD won’t save Venezuela The re-launch of foreign exchange auctions in Venezuela, coupled with an increase in the public debt ceiling, is unlikely to solve the country’s dollar drought. We continue to think that GDP will... 22nd July 2013 · 1 min read
Asia Economics Weekly Asia’s export weakness to continue Exports from Emerging Asia remain lacklustre and continue to hold back the region’s growth. As this Weekly explains, a strong and sustained export recovery is unlikely anytime soon. 22nd July 2013 · 1 min read
Middle East & North Africa Economics Update Gulf aid not a long-term solution to Egypt’s problems The aid that Gulf states have granted to Egypt since the ousting of President Morsi should be sufficient to cover the country’s external financing requirement for almost a year. Accordingly, the... 16th July 2013 · 1 min read
Canada Economics Weekly Canada should weather China's slowdown Canada should weather China's economic slowdown relatively well, with fairly minor consequences for economic growth. Since China represents a fairly small share of Canada's total exports, any slowdown... 15th July 2013 · 1 min read
Europe Economics Weekly Ominous signs for German exports Last week’s German trade data revealed a sharp drop in exports, suggesting that the economy’s export engine is not performing particularly well. Much attention has focused on the deteriorating outlook... 15th July 2013 · 1 min read
Emerging Markets Trade Monitor EM exporters remain under pressure The latest batch of EM trade data suggests that exporters continue to struggle in the face of slowing demand from their major global trade partners. Moreover, there isn’t much in the forward-looking... 11th July 2013 · 1 min read
China Economics Update Export slump points to faltering demand China’s exporters in June had their worst single month since the depths of the financial crisis. Efforts to crack down on illicit cross-border capital flows may have played a large part, but the... 10th July 2013 · 1 min read
UK Data Response Industrial Production & Trade (May 13) May’s industrial production and trade figures were something of a disappointment given the recent upbeat tone of the manufacturing surveys. Although the overall economic recovery may still have... 9th July 2013 · 1 min read
Emerging Europe Economics Update Ukraine: FX reserves drop to 6-year low The slump in Ukrainian FX reserves to a six-year low serves as a reminder that Ukraine’s fragile external position continues to keep it one step away from a full-blown balance of payments crisis. 8th July 2013 · 1 min read
