Middle East & North Africa Economics Weekly Saudi FDI revisions, Egypt-IMF deal, October’s PMIs Saudi Arabia’s revised foreign direct investment data paint a far rosier picture than previously, but there is still work to be done to meet the punchy targets of Vision 2030. Elsewhere, Egypt’s... 9th November 2023 · 7 mins read
Middle East & North Africa Economics Update How credible are the region’s currency pegs? Persistent balance of payments strains brought pressure on some of the region’s non-oil producing countries who employ fixed exchange rate regimes. FX reserves have been depleted to support currencies... 9th November 2023 · 3 mins read
Europe Chart Pack Europe Chart Pack (Nov. 2023) The ECB’s recent decision to leave interest rates on hold, and its associated communications, confirm that its tightening cycle is now almost certainly over. But despite inflation having fallen... 8th November 2023 · 1 min read
UK Economics Chart Pack UK Economics Chart Pack (Nov. 2023) The recent weakening in employment, easing in wage growth and signs that households are saving more and spending less have provided more confidence that higher interest rates are working. But we think... 8th November 2023 · 1 min read
Event Drop-In: That Xi-Biden meet in context – How fracturing is reshaping the global outlook 1700139600 The splintering of the world economy into competing US and China-aligned blocs is dominating the macro and financial and commodities markets outlook.
Latin America Economics Update Will a “Dead Cow” become Argentina’s life saver? The Vaca Muerta shale formation will alleviate some of the pressure on Argentina’s fragile balance of payments position by substantially reducing the country’s gas import bill and raising oil export... 8th November 2023 · 6 mins read
China Rapid Response Merchandise Trade (Oct.) The year-on-year contraction in export values deepened last month. But this was mainly due to lower export prices. Export volumes were little changed after hitting a record high in September. We doubt... 7th November 2023 · 3 mins read
Africa Economics Weekly AGOA, EU-China influence, MTBPS Even as African officials push for an extension of a key US-Africa trade agreement, it was announced this week that Uganda will lose duty-free access to the US from next year in response to the... 3rd November 2023 · 5 mins read
China Economics Weekly The renminbi’s rise in China’s global transactions For the first time, over half of China’s global transactions are being settled in renminbi. Most of this renminbi isn’t travelling far – the bulk of settlement is being driven by financial flows with... 3rd November 2023 · 7 mins read
Australia & New Zealand Economics Weekly Recession still likely in Australia Timely data suggest that both goods and services consumption gained traction last quarter. Therefore, even with a huge drag on growth from net trade, it increasingly appears that the economy managed... 3rd November 2023 · 5 mins read
Australia & New Zealand Rapid Response Australia International Trade (Sep. 23) 2nd November 2023 · 2 mins read
Middle East & North Africa Economics Update Moroccan auto industry set to make further strides Morocco’s automobile sector has gone from strength to strength in the past decade, with production now rivalling some producers in Central and Eastern Europe. With investment from major global... 31st October 2023 · 3 mins read
China Chart Pack China Chart Pack (Oct. 2023) China’s economy is regaining some momentum after stalling during the summer. A step up in policy support looks set to deliver a modest cyclical recovery but trend growth remains under pressure. 30th October 2023 · 1 min read
China Economics Update Foreign investment in China still going strong Foreign direct investment into China, as measured by the balance of payments data, has collapsed. It is tempting to pin this on global fragmentation or a loss of confidence in China’s economic... 30th October 2023 · 5 mins read
