Latin America Economics Update Uruguay: Vásquez victory unlikely to reinvigorate growth Continuity of economic policy following Mr. Vásquez’s victory in Uruguay’s presidential election is likely to ensure that inflation remains high and economic growth relatively weak. We are forecasting... 1st December 2014 · 1 min read
Japan Data Response Capital Expenditure (Q3) The Ministry of Finance’s survey on corporate finances points to an upward revision of non-residential investment in the second estimate of Q3 GDP. 1st December 2014 · 1 min read
UK Economics Weekly What does the Chancellor have up his sleeve? While the rumour mill has been fairly silent, the Chancellor is surely piecing together a small package of measures for his Autumn Statement to provide a pre-election boost to households’ finances. A... 28th November 2014 · 1 min read
Global Markets Update What if the Swiss vote to “save our gold”? This weekend the Swiss public will probably reject a proposal to force the Swiss National Bank (SNB) to increase its gold holdings. Nonetheless, a surprise “yes” would provide a significant boost to... 28th November 2014 · 1 min read
Latin America Data Response Brazil GDP (Q3) The 0.1% q/q increase in Brazil GDP in Q3 means that the economy has limped out of recession, but the weakness of growth underlines the scale of the challenge facing the new team of economic... 28th November 2014 · 1 min read
Africa Chart Pack Nigeria forced to hike rates, while SA & Kenya hold fire The slump in the Nigerian naira this month forced the central bank to take drastic action. Interest rates were hiked for the first time in three years and the currency was devalued. But given that the... 28th November 2014 · 1 min read
Latin America Economics Update Two cheers for Brazil’s new economic team The announcement of a new economic team in Brazil – and the nomination of Joaquim Levy as Finance Minister in particular – will strengthen hopes for a return to more orthodox policies during President... 27th November 2014 · 1 min read
India Economics Update Three priorities for parliament’s winter session The government’s reform agenda has recently gathered momentum, but progress in a number of the most important areas has so far been underwhelming. Breakthroughs in some of these areas should be... 27th November 2014 · 1 min read
UK Economics Focus Autumn Statement 2014 Preview George Osborne will present his fifth Autumn Statement on 3rd December under mounting pressure from his fiscal and opinion poll deficits. Despite this, he seems unlikely to panic and abandon his tough... 27th November 2014 · 1 min read
Europe Data Response German GDP (Q3) & French Business Confidence (Nov.) The second release of Q3 German GDP confirmed that the economy expanded by a meagre 0.1%. The breakdown offered some hope, with consumer spending and exports rising strongly, but surveys suggest that... 25th November 2014 · 1 min read
India Chart Pack Investors gain confidence in reform outlook The surge in the Sensex stock index to an all-time high in November has come amid signs that Prime Minister Modi is now more willing to push through wideranging reform following the BJP’s decisive... 24th November 2014 · 1 min read
UK Economics Focus The economy and the election With less than six months to go until the general election, opinion polls suggest that another hung parliament is likely. But the state of the economy next May still has the potential to change the... 21st November 2014 · 1 min read
Japan Economics Weekly Has Abenomics failed? To some, the continued fall in output last quarter is proof that Abenomics has failed. However, the economy has actually done fairly well over the past two years considering the strong demographic... 21st November 2014 · 1 min read
UK Data Response Retail Sales (Oct.) October’s retail sales figures provided an encouraging sign that a combination of further strong gains in employment and the end of the real wage squeeze is supporting the consumer recovery. 20th November 2014 · 1 min read
US Economics Weekly Expansion of health insurance not boosting wider economy Although 10 million more people now have health insurance following the introduction of the ACAprovisions last year, the data suggest that trends in healthcare consumption and inflation have... 14th November 2014 · 1 min read
China Data Response Hong Kong GDP (Q3) Today’s GDP figures show that Hong Kong’s economy rebounded strongly in the third quarter, on the back of big increases in consumption and exports. Although growth will probably weaken again in Q4... 14th November 2014 · 1 min read
