Emerging Europe Economics Update Russia rate overhaul won’t alter monetary conditions The Central Bank of Russia today laid out plans to revamp and streamline the instruments through which it provides liquidity to banks. Over time, these should help to increase transparency but they... 13th September 2013 · 1 min read
Emerging Europe Economics Update Russia dwindling current account surplus: causes & consequences Despite continued high oil prices, Russia’s current account surplus has fallen from around 7% of GDP prior to the 2008/09 crisis to around 2% now and is on track to slip into a deficit by 2015. Given... 6th September 2013 · 1 min read
Emerging Europe Economics Update PMIs show further signs of recovery in Central Europe The raft of manufacturing PMIs across Central Europe for August provide further evidence that the region’s recovery is gathering pace, helped by the improvement in the German economy. In contrast... 2nd September 2013 · 1 min read
Emerging Europe Chart Pack Central Europe turns the corner It’s been a good month for Central Europe, although the news elsewhere in the region has been less encouraging. A raft of preliminary Q2 GDP data showed that, although growth remains weak in Central... 28th August 2013 · 1 min read
Global Markets Update Prospects for Emerging European equities are Poles apart A number of equity markets in Emerging Europe – Poland’s in particular – have proved relatively resilient during the recent emerging market sell-off. We think they may continue to outperform equities... 27th August 2013 · 1 min read
Emerging Europe Economics Update Ruble stays out of the firing line... for now The ruble has fared surprisingly well during the latest EM sell-off, in large part due to the fact that oil prices have edged up over recent weeks. Nonetheless, the ruble is still weaker than the... 22nd August 2013 · 1 min read
Emerging Europe Economics Update Coming through the EM sell-off relatively unscathed Emerging European currencies have generally withstood the recent EM financial market sell-off relatively well. Meanwhile, equities in Central Europe have made strong gains over the past month. 21st August 2013 · 1 min read
Emerging Europe Economics Update Russia: a modest improvement, but growth remains weak 19th August 2013 · 1 min read
Emerging Europe Economics Update Russia recession may be short-lived but growth will remain weak The slump in Q2 growth in Russia reported last week appears consistent with the economy having fallen into recession during the first half of 2013. The good news is that barring an unforeseen external... 16th August 2013 · 1 min read
Emerging Europe Economics Update Central Europe picks up pace in Q2 Growth in Central Europe accelerated in Q2, helped by improving conditions in the euro-zone, but the economies of South Eastern Europe seem to have weakened once again. The potential for further flare... 14th August 2013 · 1 min read
Emerging Europe Economics Update Russia enters recession Second quarter GDP data from Russia were not only much weaker than expected – according to our estimates they are also consistent with the economy having fallen into recession during the first half of... 9th August 2013 · 1 min read
Emerging Europe Economics Update Central Bank of Russia bides its time The Central Bank of Russia kept interest rates on hold today, but the accompanying statement provides some hints that policy may start to be eased over the coming months. Even so, dramatic cuts in... 9th August 2013 · 1 min read
Emerging Europe Economics Update Q2 GDP data likely to provide grounds for optimism The raft of GDP data due over the next few weeks is likely to show that growth in Emerging Europe picked up in the second quarter of this year. However, while the region as a whole seems to have... 8th August 2013 · 1 min read
Emerging Europe Economics Update July’s PMIs point to continued recovery in Central Europe July’s manufacturing PMI surveys suggest that the recovery that started in Poland and the Czech Republic towards the end of the second quarter continued in the first month of the third quarter. Both... 1st August 2013 · 1 min read
Emerging Europe Chart Pack Central Europe picking up, Russia still in the doldrums The slowdown in Emerging Europe appears to have bottomed out in recent months and there are tentative signs of a turnaround in regional growth. At a country level though, it’s actually been a... 29th July 2013 · 1 min read
Emerging Europe Economics Update Stimulus plan unlikely to transform Russia’s outlook The stimulus measures agreed by Russia’s cabinet yesterday are unlikely to radically transform the outlook for the economy. We continue to expect a modest recovery over the second half of this year... 26th July 2013 · 1 min read
