Japan Economics Weekly What to make of the renewed weakening of the yen? We remain convinced that a weaker yen is needed to boost demand, lift inflation and put the public finances on a sustainable path. As long as the exchange rate continues to weaken gradually rather... 5th June 2015 · 1 min read
India Economics Update Labour market reform: can Mr Modi learn lessons from the states? Slow progress in liberalising India’s rigid labour market has been one of the biggest disappointments of PM Modi’s first year in power, but there are signs of improvement at state level, most notably... 5th June 2015 · 1 min read
Nordic & Swiss Economics Update Danish elections won’t alter fiscal outlook Denmark’s forthcoming general election appears to be an increasingly close contest. But the consensus between the two major parties on many issues means that the result is unlikely to alter the... 5th June 2015 · 1 min read
Global Economics Chart Pack Rise in oil prices has eased risk of deflation The rebound in global oil prices since January means it is all but certain that headline inflation in advanced economies will pick up sharply towards the end of the year. For most countries, this has... 4th June 2015 · 1 min read
Europe Economics Update Italian households will be slow to feel recovery Italy’s economy looks set to grow again in Q2. But households there will remain under enormous pressure for the foreseeable future, which has implications for the strength of the recovery and support... 4th June 2015 · 1 min read
Europe Chart Pack Outlook for periphery’s exporters is improving The depreciation of the euro over the past year or so appears to be finally starting to help euro-zone exporters. The latest data show that annual growth in euro-zone export values picked up to 7.3%... 3rd June 2015 · 1 min read
Europe Economics Update Draghi sends dovish message that ECB may extend QE ECB President Mario Draghi gave a dovish message today that the Governing Council remains cautious over the strength of the euro-zone economic recovery and intends to implement its quantitative easing... 3rd June 2015 · 1 min read
Global Economics Update Monetary conditions loose despite rise in yields Although both sovereign and corporate bond yields in advanced economies rose in early May, they remain low by past standards. And with most central banks likely to maintain ultra-loose policy this... 3rd June 2015 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (May) The latest euro-zone fiscal data showed that most of the peripheral countries made fiscal progress at the start of Q2, after a mixed performance in Q1. But Greece’s position is still looking... 2nd June 2015 · 1 min read
Europe Economics Update Greek deal unlikely to tackle debt mountain Last night’s meeting between Greece’s creditors may have been an important step towards reaching a proposal to release the country’s final bailout payment. But the risk of failure is still high and... 2nd June 2015 · 1 min read
Emerging Europe Economics Focus Turkey’s election: potential outcomes and market implications Fears ahead of Turkey’s parliamentary election on 7th June have centred on the risk of a dominant and increasingly authoritarian AK Party under President Erdogan , but in another twist to the plot the... 1st June 2015 · 1 min read
Commodities Weekly Dollar strength weighs on commodities (again) Commodity prices mostly fell in the past week, dragged lower by renewed strength in the US currency. Leading the falls, natural gas prices reversed their weather-related gains from earlier in the... 29th May 2015 · 1 min read
Europe Economics Weekly Strong growth won’t halt rise in Spain’s debt ratio Spain’s economy continues to go from strength to strength and could well grow by more than 3% this year. But with the large amount of spare capacity set to keep inflation negative or low, and growing... 29th May 2015 · 1 min read
Africa Economics Update Nigeria: how to judge a Buhari presidency The inauguration of President Muhammadu Buhari this morning was met with widespread optimism in Nigeria, but the 72-year old must act quickly if he is to retain the political momentum and make serious... 29th May 2015 · 1 min read
China Economics Update Are policymakers pushing on a string? The failure of policy loosening over the past six months to stimulate an economic rebound has led some to suggest that elevated real interest rates or oppressive debt burdens are hobbling corporate... 29th May 2015 · 1 min read
Japan Data Response Industrial Production, Household Spending, Unemployment & Consumer Prices (Apr.) With economic activity sluggish and price pressures subdued despite a tighter labour market, we remain convinced that the Bank of Japan will have to step up the pace of easing before too long. 29th May 2015 · 1 min read
