Asia Economics Update Another rate cut in Vietnam, more to follow The central bank in Vietnam (SBV) today announced the fourth reduction in interest rates in as many months amid sharp falls in inflation, problems in the banking sector and weak economic growth... 8th June 2012 · 1 min read
Europe Chart Pack Downturn spreading to the core The euro-zone may have narrowly avoided falling back into recession around the turn of the year, but timelier data have revealed that economic prospects are deteriorating. Activity surveys, such as... 8th June 2012 · 1 min read
China Economics Update Inflation Monitor (May) Consumer price inflation probably eased only slightly in May, but we expect larger falls to come in the next couple of months. This should reassure policymakers that they can continue to focus on... 8th June 2012 · 1 min read
Emerging Europe Economics Update Q1 GDP data show fragility of domestic demand Final Q1 GDP data for Central and South Eastern Europe show that the slowdown across the region was driven by weaker domestic demand, with the exception of Slovakia. Meanwhile, exports proved... 8th June 2012 · 1 min read
Commodities Update Wheat prices to fall 20% as weather concerns ease Wheat prices have been very volatile recently due to uncertainty over the crops in key producing countries such as the US and Russia. Unfavourable weather may indeed reduce the global harvest compared... 8th June 2012 · 1 min read
UK Data Response Producer Prices (May) & Inf. Attitudes Survey (Q2) May’s producer prices figures confirmed that price pressures at the start of the inflation pipeline have begun to fade again, strengthening the case for thinking that CPI inflation is on course to... 8th June 2012 · 1 min read
Europe Commercial Property Update CEE industrial rental value outlook brightest in Russia and Turkey Relatively strong domestic demand is likely to support industrial occupier markets in Poland, Russia and Turkey over the next couple of years. This should ensure that all three markets outperform the... 8th June 2012 · 1 min read
Commodities Update Hints of policy support don’t change the bigger picture Commodity prices have regained some ground this week on hopes of additional policy stimulus. However, actions speak louder than words. With the exception of widely anticipated rate cuts in China, the... 7th June 2012 · 1 min read
Middle East & North Africa Economic Outlook Euro crisis clouds the outlook The combination of a deep recession in the euro-zone and the Arab world’s own political turmoil will act as a drag on the region’s economies in the near term. The North African countries are likely to... 7th June 2012 · 1 min read
Europe Economics Update What might a bail-out for Spain look like? Events are moving fast in Spain. After denials from Spanish government officials in recent months about the need for a bail-out, external assistance now seems inevitable with EU officials reported to... 7th June 2012 · 1 min read
China Economics Update Interest rate cuts underline determination to shore up growth Today’s benchmark interest rate cuts are a strong signal that policymakers are going all out to shore up China’s economy. Commercial banks are also being allowed to set both lending and deposit rates... 7th June 2012 · 1 min read
Middle East & North Africa Economics Update How will troubles in the euro-zone affect the Arab region? The primary channels through which a recession in the euro-zone will impact the Arab region are a deterioration in world trade, lower remittances, a drop in capital flows and falls in commodity prices... 7th June 2012 · 1 min read
UK Economics Update QE3 won’t be long Lingering upside risks to inflation prompted the Monetary Policy Committee (MPC) to keep its asset purchase programme on hold at today’s meeting, despite the increasing turmoil in the euro-zone... 7th June 2012 · 1 min read
Asia Economics Update Indonesian rupiah has further to fall The Indonesian rupiah has been one of the worst performing currencies in emerging Asia so far this year. We think an intensification of the euro-zone crisis, a worsening of the trade balance, rising... 7th June 2012 · 1 min read
UK Data Response CIPS/Markit Report on Services (May) May’s CIPS/Markit report on services suggested that activity in the biggest part of the economy is holding up better than in the industrial sector, making the MPC decision at midday today even more... 7th June 2012 · 1 min read
Emerging Europe Economics Update How vulnerable is Russia? Compared to 2008-09, Russia is now less vulnerable to financial contagion as a result of a fresh shock to the global economy (most notably from the euro-zone). But at the same time, Russia’s economy... 7th June 2012 · 1 min read
