Canada Economics Update

Trump 2.0 poses new headwinds for Canada

The key risk for Canada’s economy from the US presidential election is that a Trump administration could pull out of the USMCA, leaving Canada subject to any US import tariffs. To avoid that, Canada...

11th March 2024 · 5 mins read

US Economics Weekly

Falling inflation still likely to prompt Fed cuts soon

Fed Chair Jerome Powell’s congressional testimony struck a notably less hawkish tone than we have heard recently from some of his colleagues. And with the economic data this week providing little...

8th March 2024 · 8 mins read

Latin America Economics Weekly

Sheinbaum’s 100 commitments, inflation worries

The recently-unveiled policy plans from Claudia Sheinbaum, the frontrunner to become Mexico’s next president, are aimed at building on President López Obrador’s legacy, but her proposals are likely to...

8th March 2024 · 7 mins read

Emerging Europe Economics Weekly

HUF struggles, Russia’s election coming into view

The dispute between the Hungarian central bank and the government heated up further this week, which has fuelled a narrative that threats to central bank independence are responsible for the recent...

8th March 2024 · 6 mins read

Emerging Europe Economics Focus

Russia: what to watch under Putin 5.0

The outcome of Russia’s presidential election taking place over 15-17 th March is not in doubt: Putin is all but certain to secure a fifth term until 2030. But the election still has significance...

7th March 2024 · 21 mins read

Middle East & North Africa Economics Update

Egypt’s orthodox policy shift back underway with IMF

The announcement of an agreement over a new IMF package for Egypt, coming on the back of the rate hike and devaluation earlier today, represents a shift towards more orthodox policymaking. While it is...

6th March 2024 · 4 mins read

Event

EM Drop-In: Will Egypt's reforms fix the economic crisis?

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The Egyptian central bank has announced steps to tackle its economic crisis, including a large devaluation and a bumper interest rate hike. But will it be enough?

Middle East & North Africa Rapid Response

Egypt Interest Rate Hike & Devaluation

The announcement minutes ago from the Central Bank of Egypt that it has devalued the pound and hiked interest rates by a bumper 600bp, to 27.25%, shows that policymakers are committed to the turn back...

6th March 2024 · 2 mins read

China Economics Focus

China’s economic roadmap for 2024

The policy agenda laid out at the National People’s Congress today is a reasonably pro-growth one. The new fiscal plans are supportive, monetary policy continues to have an easing bias, and the...

5th March 2024 · 15 mins read

US Economics Weekly

Powell and Biden to take centre stage

Fed Chair Jerome Powell looks set to echo his colleagues in suggesting that rate cuts are likely to begin “later this year” in his testimony to Congress next week. But with the downward trend in core...

1st March 2024 · 8 mins read

Latin America Economics Weekly

Mexico’s election campaign, Brazil’s G20 damp squib

Campaigning for Mexico’s election on 2nd June officially kicks off today. The presidential front-runner, Claudia Sheinbaum, will probably continue the social policies of her predecessor but is likely...

1st March 2024 · 7 mins read

China Economics Weekly

What to watch at the National People’s Congress

The annual meeting of China’s parliament will open on Tuesday with a panoply of speeches and reports. Here’s what to focus on.

1st March 2024 · 6 mins read

Asia Economics Weekly

Korea: President Yoon’s rise in popularity boosts reform hopes

President Yoon Suk-yeol has seen a rebound in his popularity in recent weeks, helped in part by the strong stance he has taken against the country’s striking junior doctors. The improvement in the...

1st March 2024 · 6 mins read

Middle East & North Africa Economics Weekly

Ras el Hekma deal, Qatar’s LNG expansion boost

The deal in which Abu Dhabi’s sovereign wealth fund, ADQ, will invest $35bn in the Ras el-Hekma project will provide much needed foreign currency inflows for Egypt’s economy. But, even with this...

29th February 2024 · 7 mins read

UK Economics Update

Spring Budget 2024 Checklist

This is an updated checklist which takes into account our latest expectations for the Spring Budget. The checklist helps clients keep track of the key policies and forecasts announced during the...

28th February 2024 · 3 mins read