Latin America Economics Focus Capital controls back on the agenda Latin America’s floating currencies have bounced back strongly after a brief wobble in May and, with the notable exception of the Mexican peso, most now look expensive relative to ‘fair value’... 22nd September 2010 · 1 min read
Asia Economics Weekly Indian rupee on a roll which will likely continue India’s currency has climbed sharply against the US dollar since the beginning of September, and the appreciation will probably continue. Capital inflows are likely to stay strong as investors... 20th September 2010 · 1 min read
Emerging Europe Economics Update Downside risks to oil mean ruble trouble here to stay Today’s slide in the ruble is all the more surprising given that oil prices have been rising over the past few weeks. With oil prices still likely to fall over the next year, we are sticking to our... 16th September 2010 · 1 min read
Latin America Economics Update Colombia: BANREP intervention to stabilise peso, for now The Central Bank of Colombia (BANREP) this afternoon announced that it will resume market intervention to stem the appreciation of the peso. History shows that this may be successful in preventing the... 15th September 2010 · 1 min read
China Economics Update Mounting US pressure behind renminbi movement The renminbi’s latest gains appear to be a response to rising US criticism that the pace of movement in the exchange rate since June has been too slow. This reactive approach could backfire as... 14th September 2010 · 1 min read
Asia Economics Update Malaysian ringgit internationalisation is far away Over the weekend, Prime Minister Najib Razak stated that Malaysia was looking at allowing offshore trading of the ringgit. But Malaysia would need to make the currency fully convertible on the capital... 13th September 2010 · 1 min read
UK Markets Chart Pack Markets show mixed reaction to downbeat economic data (Sep 10) Growing signs that the UK’s recovery has begun to falter have been met by markedly different reactions from the bond and equity markets. While real yields in the gilt market have fallen to record lows... 9th September 2010 · 1 min read
Global Markets Update The euro’s troubles are far from over The euro’s slide this week has been prompted by renewed concerns about the health of the eurozone’s banking sector. Although the ECB’s willingness to provide ample liquidity should ensure the... 9th September 2010 · 1 min read
UK Economics Update Sterling rally may not be over rally in the pound has fizzled out over the last few weeks. But with concerns over the euro-zone likely to re-surface before too long and the UK set to press ahead with a decisive fiscal tightening... 8th September 2010 · 1 min read
China Economics Update The RMB as an international currency: don't believe the hype The government has announced a series of moves over the last month designed to push the renminbi along the road to becoming an international currency. But major obstacles stand in the way, not least... 6th September 2010 · 1 min read
Japan Economics Weekly Political and fiscal risks to help undermine the yen Japanese government officials have stepped up their expressions of concern about the strength of the yen, but they appear to favour additional fiscal measures and further easing from the Bank of Japan... 30th August 2010 · 1 min read
Japan Economics Update What can Japan do to stem the rise of the yen? There is little that the Japanese government can do to engineer a fundamental shift in sentiment towards the yen, which is being driven by developments elsewhere. A change in rhetoric from the Bank of... 25th August 2010 · 1 min read
Japan Economics Weekly How uncompetitive is the yen? Fears about the impact the rising yen will have on exporters are overdone. Deflation has ensured that Japan remains internationally competitive. The bigger threat is slowing demand in overseas markets... 16th August 2010 · 1 min read
UK Markets Outlook Markets disregard double-dip risks... for now On the whole, markets have so far shrugged off recent concerns over a double-dip in the UK and global economies. Equity prices have recovered sharply over the last couple of months, partly on... 12th August 2010 · 1 min read
Europe Economics Focus Could a weaker euro save the euro-zone? A sharp drop in the euro exchange rate might seem like the answer to all of the currency unions problems. But while it might boost the core economies exports, it would do little to help the troubled... 11th August 2010 · 1 min read
