Australia & New Zealand Data Response International Trade (Jul. 2022) The record fall in Australia’s trade balance partly reflects bad weather that held back coal exports, but the recent fall in the iron ore price hasn’t fully fed through so export values will continue... 8th September 2022 · 3 mins read
Australia & New Zealand Rapid Response Australia International Trade (July 2022) 8th September 2022 · 2 mins read
US Data Response International Trade (Jul.) The trade deficit narrowed to a nine-month low of $70.7bn in July, from $80.9bn, driven by a sizeable drop back in consumer goods imports, although almost half that decline was due to lower imports of... 7th September 2022 · 2 mins read
Canada Data Response International Trade (Jul.) Export volumes rose by more than we expected in July but, with the fall in import volumes painting a weak picture of domestic demand, it still looks like GDP growth will slow sharply this quarter. 7th September 2022 · 3 mins read
China Data Response China Trade (Aug.) China’s export volumes fell last month by the most since March. Partly, this was due to the backlog of orders that built up during Shanghai’s lockdown having been cleared and ports returning to normal... 7th September 2022 · 3 mins read
Middle East & North Africa Economics Update Egypt’s external risks underline need for weaker pound Concerns over Egypt’s external position have grown due to the country’s wide current account deficit, rising short-term external debt and declining FX reserves. While some of the risks are mitigated... 6th September 2022 · 3 mins read
Emerging Markets Financial Risk Monitor Global backdrop exposing EMs with weak balance sheets Tighter global monetary policy and the strength of the US dollar continue to punish a number of frontier markets with weak sovereign balance sheets. Meanwhile, worries about Turkey’s balance of... 5th September 2022 · 4 mins read
Middle East & North Africa Economics Update Five key questions on Egypt answered Egypt is facing growing external strains and downward pressure on the pound, with policymaking coming under increased scrutiny in recent weeks following the sudden resignation of central bank governor... 5th September 2022 · 6 mins read
Asia Economics Update Sri Lanka: difficult times lie ahead despite IMF deal Today’s announcement of a deal between the IMF and Sri Lanka brings some long overdue good news and provides a potential route out of the crisis. But the economy is not out of the woods yet. The money... 1st September 2022 · 4 mins read
Asia Economics Update Sri Lanka: difficult times lie ahead despite IMF deal Today’s announcement of a deal between the IMF and Sri Lanka brings some long overdue good news and provides a potential route out of the crisis. But the economy is not out of the woods yet. The money... 1st September 2022 · 4 mins read
Asia Economics Weekly Treading water Taiwan’s export orders data this week suggested that China’s economic weakness is spilling over to the rest of the region. Meanwhile, Bank Indonesia has done something out of the ordinary: hiking... 26th August 2022 · 7 mins read
Latin America Economics Weekly External risks, Banxico minutes, Massa’s orthodoxy Current account figures released this week go a long way to explaining the diverging performance between the Mexican and the Chilean pesos. While we expect both to weaken over the coming months, there... 26th August 2022 · 7 mins read
India Economics Weekly Surging capital inflows unlikely to be sustained Foreigners’ net purchases of Indian equities have surged to near record levels in recent weeks, helping to fuel the strong rally in the Sensex. We doubt that this can be sustained as global policy... 26th August 2022 · 7 mins read
Middle East & North Africa Economics Weekly Egypt’s hurdles to an IMF deal, Saudi threatens oil cut Egypt appears to be edging closer toward reaching a new IMF deal with officials having made positive steps in recent months to address the exchange rate, fiscal policy, and structural reforms, all of... 25th August 2022 · 6 mins read
