Canada Data Response Consumer Price Index (Aug.) The unexpected rise in the official core inflation rate, mainly due to recent price hikes in household communications, doesn't appear to reflect any tightening in domestic economic conditions and... 22nd September 2014 · 1 min read
US Economic Outlook Return to normalcy? The recent strength evident in much of the incoming survey and activity data suggeststhat we were right to believe GDP growth would accelerate once credit conditions eased and thefiscal drag faded. We... 18th September 2014 · 1 min read
Global Economics Focus How does “Draghi-nomics” compare to Abenomics? ECB President Mario Draghi’s call at Jackson Hole for fiscal policy to play a greater role alongside monetary policy in boosting aggregate demand has prompted some to label the change of tone “Draghi... 18th September 2014 · 1 min read
Emerging Europe Economics Update Russia’s economy continues to stagnate August’s raft of Russian activity data suggests that the economy continued to stagnate. Growth in the industrial sector slowed, while the slump in investment activity deepened further. What’s more... 17th September 2014 · 1 min read
US Data Response Consumer Prices (Aug.) The further softening in core price pressures in August eases the pressure on the Fedto weaken its “considerable time” rate pledge at today’s policy meeting. 17th September 2014 · 1 min read
Emerging Markets Economics Chart Pack EM currencies suffer further loses Emerging market (EM) currencies have had a rough ride recently, adding to what was already shaping up to be a poor year. Our synthetic EM exchange rate index is down by 1.5% against the dollar in the... 16th September 2014 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Aug.) August’s consumer prices figures confirmed that CPI inflation has remained on a downward trend despite the economic recovery’s strength. Looking ahead, we continue to think that it could fall to as... 16th September 2014 · 1 min read
Emerging Europe Economics Update Drop in ruble strengthens case for interest rate hike The sharp fall in the ruble over the past week or so reflects a combination of factors, including the drop in oil prices, continued capital flight in the context of the ongoing conflict in Ukraine and... 16th September 2014 · 1 min read
Latin America Economics Update Argentine peso has further to fall The Argentine government has introduced various measures in recent weeks to increase the availability of foreign currency in a bid to stem the depreciation of the peso in both official and unofficial... 15th September 2014 · 1 min read
Nordic & Swiss Economics Update Sweden’s return to the left won’t banish stagnation fears Sweden’s general election yesterday resulted in defeat for the centre-right coalition Alliance Government after two terms in power but produced no overall majority for the centre-left opposition... 15th September 2014 · 1 min read
US Economics Weekly Rising dollar reflects economic strength Even a further rise in the dollar above its current four-year high won’t prevent a period of higher inflation and stronger GDP growth. It would be odd to conclude that the dollar will significantly... 12th September 2014 · 1 min read
Asia Economics Update Weak Indian data bolster calls to cut rates soon Today’s industrial production data for India have dampened hopes that the sector is on the cusp of a sustained recovery. But the good news is that inflation has also slowed, which could open up the... 12th September 2014 · 1 min read
Global Inflation Watch Euro-zone and Japan yet to escape from deflation threat Six years after the onset of the global financial crisis, there is still a threat of deflation. The biggestworry is in the euro-zone, where inflation expectations have slipped and the ECB’s actions... 12th September 2014 · 1 min read
Emerging Europe Economics Update Euro-zone more to blame for Q2 slowdown than Ukraine The slowdown in Central and South Eastern Europe in the second quarter has raised concerns about the region’s exposure to the crisis in Ukraine. In this Watch, we dig deeper into the GDP data to see... 11th September 2014 · 1 min read
Asia Economics Update Further tightening likely in the Philippines The central bank in the Philippines (BSP) today hiked two key policy rates against a backdrop of increasing risks in the financial sector and rising inflationary pressures. We expect to see further... 11th September 2014 · 1 min read
China Data Response Consumer & Producer Prices (Aug.) Today's inflation data suggest that price pressures remain subdued due to falling commodity prices and a relatively neutral monetary policy stance. As a result, even though pork prices and utility... 11th September 2014 · 1 min read
