UK Economics Weekly The MPC raises the stakes The Monetary Policy Committee’s surprise decision to leave policy on hold at Thursday’s meeting appears primarily to have reflected a desire to combine its remaining policy ammunition into a... 18th July 2016 · 1 min read
Europe Economics Weekly ECB’s calls for fiscal stimulus will not be heeded The ECB is set to loosen policy in the coming months. But there is a limit to how much more monetary policy alone can do for growth. In the wake of the UK’s Brexit vote, Mario Draghi’s calls for... 15th July 2016 · 1 min read
UK Markets Chart Pack Sterling slump cushions post-referendum hit to equities The UK’s surprise vote to leave the EU sent a shockwave through global markets – but parts of the subsequent post-referendum response have been more muted than previously feared. Clearly, sterling was... 15th July 2016 · 1 min read
Emerging Europe Economics Update Where to look for signs of Brexit spillovers The market sell-off triggered by the UK’s vote to leave the EU has reversed, but there is still uncertainty about what a post-Brexit Europe will look like and in the meantime signs of strain are... 15th July 2016 · 1 min read
Europe Economic Outlook Brexit vote adds to downside risks The UK’s vote to leave the EU has weakened the outlook for the European Economy. Admittedly, the financial market reaction has been muted and we think that the UK will ultimately fare well outside the... 14th July 2016 · 1 min read
Latin America Economics Update Colombia: Peace deal will improve medium-term outlook The likely signing of a final peace agreement between the Colombian government and the country’s largest insurgent group, the Revolutionary Armed Forces of Colombia (FARC), will be an historic... 14th July 2016 · 1 min read
UK Economics Update MPC must deliver in August The Monetary Policy Committee’s inaction today will probably delay a policy response to the UK’s vote to leave the EU by only three weeks. But with market confidence fragile, it is now vitally... 14th July 2016 · 1 min read
Europe Economics Update Trade tariffs pose limited threat to euro-zone exports With the exception of the automobile and agricultural industries, WTO tariffs are low enough to imply that even if no trade deal is reached, Brexit will do little direct damage to euro-zone exporters... 14th July 2016 · 1 min read
Global Economics Update Brexit vote clouds the outlook for trade agreements The UK referendum result may ultimately lead to the British government pursuing more liberal trade policies with the rest of the world. But progress is likely to be very slow. Meanwhile, the prospect... 13th July 2016 · 1 min read
UK Economics Update How big is the threat from property? The commercial property sector has so far been the main focal point of Brexit concerns. But there are reasons to be hopeful that its problems won’t push the broader economy into a deep recession. 13th July 2016 · 1 min read
UK Housing Market Update Post-Brexit housing market: when will we know? It will be several weeks before we start to get hard data on how the housing market has reacted to the EU referendum outcome. Even then, the initial data may lend themselves to many different... 13th July 2016 · 1 min read
EM Markets Chart Pack EMs sail through headwinds Financial markets in the emerging world have sailed through recent headwinds stemming from a continued depreciation of the renminbi and the UK’s vote to leave the European Union. And the rally may not... 12th July 2016 · 1 min read
UK Data Response BRC Retail Sales Monitor (Jun.) June’s BRC sales data – which cover the days both before and immediately after the EU referendum – show the retail sector faltering. But we will have to wait a bit longer before a clear picture of the... 12th July 2016 · 1 min read
UK Economics Focus How will policymakers respond to the Brexit vote? The Bank of England’s Monetary Policy Committee (MPC) is likely to look through the inflationary consequences of the drop in the pound seen since the Brexit vote and focus instead on cushioning the... 11th July 2016 · 1 min read
Japan Economics Update Two-thirds majority no reason to cheer The landslide victory for Japan’s ruling coalition in the Upper House election is not necessarily good news for the economy, as lawmakers’ time and energy may now be focused on revising the pacifist... 11th July 2016 · 1 min read
UK Economics Update Brexit Watch: Support for the economy taking shape The headlines this week have concentrated on the negative impact that Brexit has had on sterling and confidence, as well as the temporary suspension of trading in a number of commercial property funds... 8th July 2016 · 1 min read
