Asia Economics Update Asian equities and currencies come off the boil Asian equities and currencies have generally fallen over the past month. Although worries about the Fed have played a role, local factors have been important too. 29th September 2017 · 1 min read
China Economics Update Renminbi gives back some of its gains Many had been expecting policymakers to focus on stability above all else in financial markets in the run-up to the October Party Congress. But they this week allowed the renminbi to weaken sharply... 29th September 2017 · 1 min read
Middle East & North Africa Chart Pack Saudi Arabia returns to the international bond market Saudi Arabia returned to the international bond market this month in order to plug its twin budget and current account shortfalls. A total of $12.5bn of dollar debt was issued, split into three... 28th September 2017 · 1 min read
Africa Economics Update African markets soften in September A combination of rising political risk and falling commodity prices caused key African markets to weaken over the past month. Only a few markets bucked the trend, and they gained very little ground. 28th September 2017 · 1 min read
Latin America Economics Update Rally in Lat Am markets cools, but strong Q3 overall Latin America’s financial markets have come under a bit of pressure over the past week or so but the bigger picture is that they have had a strong Q3 overall, comfortably outperforming markets in... 28th September 2017 · 1 min read
Middle East & North Africa Economics Update Gulf markets get no boost from higher oil prices Financial markets in the Gulf economies have performed poorly in the past few weeks despite the sharp rise in oil prices. Equity markets have actually fallen back and, in some countries, dollar bond... 27th September 2017 · 1 min read
Africa Chart Pack A Multispeed Recovery GDP figures released this month showed that the economic fortunes of Africa’s largest economies diverged in Q2. South Africa’s economy rebounded after a brief recession at the turn of the year. While... 27th September 2017 · 1 min read
Asia Economics Update Bank of Thailand in no rush to raise interest rates The Bank of Thailand (BoT) today resisted pressure from the government to loosen monetary policy, and instead left its key interest rate unchanged at 1.50%. With headwinds to the economy mounting and... 27th September 2017 · 1 min read
Emerging Europe Chart Pack Early signs of a Q3 pick-up The latest data suggest that, following a strong Q2, growth in Emerging Europe as a whole picked up further in Q3. Activity figures from Poland improved in July and August and the early signs are that... 20th September 2017 · 1 min read
India Economics Update Bond yields continue to rise Indian bond yields have continued to rise so far in September. Looking ahead, with the RBI ramping up its open market sales and no scope for further policy loosening, we think that bond yields will... 20th September 2017 · 1 min read
Australia & New Zealand Economics Update New Zealand - Election may not dent the kiwi dollar much The outcome of the general election on Saturday may well alter the paths that New Zealand’s economy and the kiwi dollar tread over the next few years. But we doubt that any initial reaction would be... 20th September 2017 · 1 min read
DM Markets Chart Pack Some new market forecasts We have revised some of our key market forecasts for currencies, bonds and equities, partly because we no longer expect the FOMC to raise its target range for the federal funds rate again this year. 15th September 2017 · 1 min read
Japan Economics Weekly Yen caught between Kim Jong-un and US Fed With long-term interest rates at home anchored by the Bank of Japan, the key determinants of the value of the yen are both outside Japanese policymakers’ control: geopolitics and the actions of the US... 15th September 2017 · 1 min read
Australia & New Zealand Economics Update Near-term downside risks to dollar declining The recent rise of the Australian dollar to US$0.80 and developments overseas have led us to revise up our end-year forecast from US$0.70 to US$0.75. But we still believe that a fall in iron ore... 15th September 2017 · 1 min read
Canada Economics Update Canadian dollar likely to tumble next year The Bank of Canada’s unexpectedly aggressive monetary tightening this year, which stands in stark contrast to the Fed’s over-cautious approach, largely explains the surge in the Canadian dollar this... 14th September 2017 · 1 min read
Japan Chart Pack Taper without the tantrum While the Bank of Japan didn’t reduce the pace of its bond purchases any further in August, they are much lower now than they were when Yield Curve Control was launched. Nonetheless, bond yields have... 14th September 2017 · 1 min read
