India Economics Weekly RBI’s bond restrictions, policy meeting preview The RBI's surprise move this week to restrict foreign access in some long-dated sovereign bonds highlights the bumpy path for foreign investors as policymakers balance a push for more overseas... 2nd August 2024 · 3 mins read
Japan Economics Weekly Bank of Japan encouraged by pick-up in consumption A rebound in retail sales likely underpinned the Bank of Japan's decision to raise interest rates this week. Measures by the government, including tax cuts and electricity and gas subsidies, should... 2nd August 2024 · 5 mins read
Australia & New Zealand Economics Weekly Could the RBA still hike rates? Following the downside surprise in Australia's Q2 CPI data, investors are betting that rate cuts will be on the table before long. While we do agree that the RBA's next move is likely to be down, that... 2nd August 2024 · 5 mins read
Capital Daily What’s next for markets as BoE cuts and Fed gets close Bond yields have fallen in the US and the UK after the Fed signalled an imminent rate cut and the Bank of England delivered one. But only in the UK do we see more room down for yields. 1st August 2024 · 4 mins read
UK Economics Update Rates cut to 5.00%, but BoE in no rush to cut again The Bank of England kick-started a loosening cycle today by cutting interest rates from 5.25% to 5.00%, but the accompanying guidance and forecasts suggest it will proceed cautiously. Accordingly, we... 1st August 2024 · 3 mins read
Emerging Europe Rapid Response Czech Interest Rate Announcement (Aug.) Czech National Bank Governor Michl sounded fairly cautious in his guidance about the future course of the easing cycle in the post-meeting press conference today. But the post-meeting statement struck... 1st August 2024 · 3 mins read
UK Economics Rapid Response Bank of England Policy Announcement (1st Aug. 2024) 1st August 2024 · 2 mins read
RBI Watch Policy loosening to begin by year-end The upside inflation surprise in June means it is all but guaranteed that the Reserve Bank of India (RBI) will keep the repo rate on hold at 6.50% at the conclusion of its MPC meeting on Thursday 8th... 1st August 2024 · 6 mins read
Emerging Europe Rapid Response Manufacturing PMIs (Jul.) The manufacturing PMIs for July suggest that industrial sectors lost a bit of momentum in Turkey and Russia at the start of Q3, although demand conditions still appear very strong in Russia. In both... 1st August 2024 · 2 mins read
Latin America Rapid Response Brazil Interest Rate Announcement (Jul. 2024) Rising inflation, a worsening fiscal position and a slump in the real prompted Brazil’s central bank to leave the Selic rate at 10.50% today and strike a more hawkish tone in the accompanying... 31st July 2024 · 2 mins read
US Economics Update Fed lays the groundwork for September rate cut There was no surprise rate cut from the Fed today, with the fed funds target range left unchanged at between 5.25% and 5.50%, but the changes in the accompanying statement – which included a shift... 31st July 2024 · 2 mins read
US Rapid Response Fed Policy Announcement (July) There was no surprise rate cut from the Fed today, with the fed funds target range left unchanged at between 5.25% and 5.50%, but the changes in the accompanying statement – which included a shift... 31st July 2024 · 2 mins read
Africa Chart Pack Africa Chart Pack (Jul. 2024) GDP growth is likely to pick up over the coming quarters as inflation falls back in most SSA economies and monetary easing cycles broaden out. The external environment will remain challenging... 31st July 2024 · 0 mins read
Global Markets Focus EZ spreads on different paths after French election We have revised down our forecasts for government bond spreads in Spain and Portugal, but we continue to think that those in France, as well as in Italy and Belgium, are more likely to rise than fall. 31st July 2024 · 14 mins read
