Asia Economics Update Asian currencies wobble Asian currencies have recently lost a bit of ground against the dollar as rising Treasury yields in the US have helped push the greenback higher. Although uncertainty over the outlook for US monetary... 30th April 2018 · 1 min read
Nordic & Swiss Economics Update Weaker currencies and higher oil prices boost equities Amid escalating international trade tensions, the Nordic and Swiss currencies depreciated across the board in April. Weaker exchange rates helped to give equities a boost, while the main bourses in... 27th April 2018 · 1 min read
Global Markets Outlook Is the party over? In the last edition of The Capital Markets Analyst, we warned that the party in the financial markets might not last much longer. Since then, the US S&P 500 has fallen considerably from a record high... 27th April 2018 · 1 min read
Asia Economics Weekly No need to worry about the rupiah Earlier this week Bank Indonesia raised the prospect of an interest rate hike to support the rupiah, which has come under further downward pressure as rising Treasury yields in the US have pushed the... 27th April 2018 · 1 min read
Africa Economics Update Africa: Mixed month for markets, but rand suffers The rand’s recent rally seems well and truly over; it weakened against the US dollar by even more than EM peers this month. We expect that the currency will continue to fall late this year. 27th April 2018 · 1 min read
Latin America Economics Update What’s behind the weakness in the real? The sharp drop in the Brazilian real over the past month has, in our view, been driven more by local developments – including growing uncertainty over the outcome of October’s elections – than it has... 25th April 2018 · 1 min read
Nordic & Swiss Economics Update Will the Swiss franc continue to weaken? The safe haven Swiss franc has depreciated steadily over the past couple of months despite geopolitical worries and rising protectionism. We think that the franc will continue to weaken as the ECB... 25th April 2018 · 1 min read
India Chart Pack Economy gathering momentum Indian GDP growth hit a five-quarter high in Q4 2017, and various indicators suggest that the economy strengthened further in the first quarter of 2018. Industrial production growth last quarter may... 24th April 2018 · 1 min read
Global Markets Update EM currency rally not likely to resume any time soon The recent slumps in three widely-traded emerging market (EM) currencies – the Russian ruble, Turkish lira and Brazilian real – have all partly reversed since last week. But the bigger picture is that... 20th April 2018 · 1 min read
Canada Economics Weekly Oil price surge having only limited impact on dollar The recent resurgence in oil prices should be good news for Canada but, since it is partly due to a temporary spike in geopolitical tensions, we expect prices to fall back later this year. Domestic... 20th April 2018 · 1 min read
Global Economic Outlook Slowdown on the horizon Despite some weakness in the first quarter, and concerns about protectionism, global economic growth is likely to hold up well this year. In advanced economies, the outlook for investment and... 20th April 2018 · 1 min read
UK Economic Outlook Economy to withstand higher interest rates We maintain our relatively optimistic view about the prospects for UK economic growth over the next few years. In particular, a recovery in real earnings should help household spending growth to... 19th April 2018 · 1 min read
Europe Economics Weekly Where is the euro heading? The euro has been buffeted recently by concerns about protectionism, which have caused it to strengthen, and softer economic data, which have caused it to weaken. While the risks of an all-out trade... 13th April 2018 · 1 min read
Global Markets Update Why isn’t a stronger pound undermining the FTSE? The FTSE 100 has edged higher over the past month, despite a 5% drop in the S&P 500 and an appreciation of sterling against the dollar. A rise in the exchange rate has typically seen the US index... 12th April 2018 · 1 min read
Emerging Europe Economics Update Lira slump likely to trigger rate hikes Mounting concerns about Turkey’s current account deficit as well as debt problems in the corporate sector are likely to keep the lira under pressure over the coming weeks. As a result, we now expect... 11th April 2018 · 1 min read
India Economics Update India unlikely to be labelled “currency manipulator” India has not been spared the recent ramping up of trade-related attacks by the US, with the most notable action so far being the challenge to India’s use of export subsidies at the WTO. However... 11th April 2018 · 1 min read
