Europe Economics Strong recovery to continue in Q3 The surge in spending as coronavirus restrictions have been lifted will bring the euro-zone economy close to its pre-pandemic level in the coming months. After expanding by 2% q/q in Q2, we expect a... 4th August 2021 · 12 mins read
Asia Economics Update Bank of Thailand to lower rates further The Bank of Thailand (BoT) left its policy rate on hold at 0.5% today as expected. Given the deteriorating outlook for the economy and with two of the six MPC members voting for a rate cut, we now... 4th August 2021 · 3 mins read
Capital Daily Global headwinds likely to weigh further on the Aussie dollar We think that RBA’s relatively hawkish stance will not be enough to prevent further falls in the Aussie dollar. 3rd August 2021 · 5 mins read
Australia & New Zealand Economics Update Hawkish RBA to hike rates in early-2023 The Reserve Bank of Australia delivered a hawkish surprise by not delaying the tapering of its bond purchases. And by predicting that it will hit its full employment mandate and make further progress... 3rd August 2021 · 3 mins read
US Economics Weekly Recovery to slow from here The slightly disappointing second-quarter GDP data released this week and another dovish press conference from Chair Jerome Powell strengthen our belief that the Fed is unlikely to begin tapering its... 30th July 2021 · 8 mins read
Latin America Economics Weekly Worrying signs from Castillo, regional re-opening The first steps from Peru’s newly-inaugurated President, Pedro Castillo, provide plenty of worrying signs for investors and suggest that local financial markets will remain on the back foot. Meanwhile... 30th July 2021 · 6 mins read
Nordic & Swiss Economics Weekly KOF coming back earth; Sweden powering ahead The latest fall in the KOF Economic Barometer suggests that the tailwinds that have driven the rebound in the Swiss industrial sector are fading. But with the hospitality sector going from strength to... 30th July 2021 · 5 mins read
Australia & New Zealand Chart Pack Vaccination threshold may be hit in four months With new virus cases hitting fresh highs this week, Sydney’s lockdown has been extended until end-August and looks set to last for months given the high transmissibility of the Delta variant... 30th July 2021 · 11 mins read
China Chart Pack Investors refocus on long-term concerns Questions about the strength of China’s post-lockdown rebound have become louder since the People’s Bank cut the required reserve ratio three weeks ago. But the trigger for this week’s sharp equity... 30th July 2021 · 13 mins read
Australia & New Zealand Economics Weekly Activity to rebound in fourth quarter With the Sydney lockdown set to extend into the fourth quarter, we’ve lowered our Q3 GDP forecast further. However, we still think that the economy will bounce back in Q4 as vaccine hesitancy is... 30th July 2021 · 8 mins read
India Economics Weekly Bankruptcy code upgrade, RBI meeting The amendments to the Insolvency and Bankruptcy Code (IBC) that were approved in the Lok Sabha (lower house of parliament) this week could provide much-needed support to India’s banking sector. But... 30th July 2021 · 5 mins read
Africa Chart Pack Delta threat building The highly contagious Delta variant of COVID-19 seems to be dominant now across much of Sub-Saharan Africa and is driving new waves in many of the large economies. South Africa appears to be over the... 29th July 2021 · 10 mins read
Emerging Markets Economic Outlook Low vaccine coverage makes variants the key risk Low vaccine coverage means that the threat to economic recoveries from the highly-contagious Delta variant is much larger in the emerging world than in developed economies. And EMs will take longer to... 29th July 2021 · 26 mins read
RBI Watch RBI in no rush to tighten Policy rates are highly likely to be left unchanged at the conclusion of the RBI’s upcoming MPC meeting on 6 th August, particularly given that inflation now appears to have peaked. Further ahead, we... 29th July 2021 · 7 mins read
US Economics Update Fed offers first hint on tapering The Fed took a small step toward the eventual tapering of its asset purchases by altering the language in the statement released today, but officials appear to be in no rush. We still expect an... 28th July 2021 · 3 mins read
Capital Daily We think US real yields are unlikely to stay this low The yields of long-dated US Treasuries have edged down this week, and those of TIPS have dropped to a new record low, but we still expect both to recover over the next couple of years. 28th July 2021 · 4 mins read
