Asia Economic Outlook Asia Outlook: Rate cuts and trade uncertainty We expect economic growth across the region to remain subdued, with most economies set to record below-trend and below-consensus growth this year. While lower interest rates will provide some support... 25th March 2025 · 28 mins read
Australia & New Zealand Economics Update RBA will look past pre-election budget sweeteners As expected, Australian Treasurer Jim Chalmers unveiled a slew of new spending measures in today’s pre-election Budget. However, we don’t believe the scope of fiscal expansion is large enough to keep... 25th March 2025 · 4 mins read
Emerging Europe Rapid Response Hungary Interest Rate Announcement (Mar.) 25th March 2025 · 2 mins read
Australia & New Zealand Economic Outlook ANZ Outlook: RBA will cut less aggressively than RBNZ Both Antipodean economies seem to have turned a corner at the end of last year, and we expect the recoveries to gather momentum in the coming quarters. Given the tight labour market and elevated... 25th March 2025 · 20 mins read
Global Economics Update PMIs consistent with subdued growth outlook in DMs The latest flash PMIs suggest that while economic activity may have picked up a bit in advanced economies towards the end of Q1, the outlook remains fairly bleak. And while inflation seems to finally... 24th March 2025 · 2 mins read
Latin America Rapid Response Mexico Bi-Weekly CPI (Mar. 2025) The further easing of core services inflation in Mexico in the first half of March combined with recent weak activity data paves the way for Banxico to deliver another 50bp cut at its meeting on... 24th March 2025 · 2 mins read
US Economics Weekly US Weekly: Fed operating in the dark The Fed is struggling to provide forward guidance without clear policy direction from the new administration. Even though rate-setters expect core PCE inflation to end the year at close to 3%, the... 21st March 2025 · 6 mins read
China Economics Weekly China Weekly: China’s 10-year yields to fall below Japan’s We expect Chinese 10-year government bond yields to fall below 10-year Japanese government bond yields this year, for the first time since Chinese bond prices became market determined. While this... 21st March 2025 · 4 mins read
UK Economics Weekly UK Weekly: Tighter monetary and fiscal policy for longer With the Bank of England tilting towards a slower pace of interest rate cuts and the Chancellor shifting towards tighter fiscal policy, the risks are tilted towards monetary and fiscal policy exerting... 21st March 2025 · 10 mins read
Latin America Economics Weekly Latin America Weekly: Petro’s finance minister #4, new macro forecasts The replacement of Colombia’s finance minister with a close ally of President Petro reinforces our concerns that fiscal policy won't be tightened sufficiently to stop the public debt ratio from rising... 21st March 2025 · 6 mins read
Africa Economics Weekly Africa Weekly: Kenya-IMF disagreement, SARB’s uncertainty worries Kenya and the IMF abandoned talks over the ninth review of the country’s existing financing programs this week and, while a new deal may replace it, we think public debt concerns are likely to build... 21st March 2025 · 6 mins read
Global Economics Chart Pack Global Economics Chart Pack (March 2025) The latest data suggest that the world economy has made a relatively weak start to 2025. Activity in China has been soft so far this year amid a pullback in fiscal spending, while a surge in US... 21st March 2025 · 1 min read
Europe Economic Outlook Europe Outlook: Zeitenwende! The euro-zone will get a boost from Germany’s decision to ditch its fiscal rules and ramp up defence spending, as well as the relaxation of the EU’s budget rules. But governments other than Germany... 21st March 2025 · 28 mins read
Emerging Europe Economics Weekly Emerging Europe Weekly: Turkey fallout, Polish rate outlook The arrest of a leading opposition politician in Turkey on Wednesday has triggered a major sell-off in the country’s stock market and currency – which has continued today – and serves as a stark... 21st March 2025 · 7 mins read
Emerging Europe Rapid Response Russia Interest Rate Announcement (Mar.) 21st March 2025 · 2 mins read
