Latin America Data Response Colombia GDP (Q3) The sharp slowdown in Colombian GDP growth, to just 1.2% y/y in Q3 from 2.0% y/y in Q2, was due in part to the effects of a truck drivers’ strike. With the dispute having now ended, Q3 may prove to be... 25th November 2016 · 1 min read
Commodities Weekly Oil market in wait-and-see mode The prices of industrial metals surged again this week, in large part due to investor buying. In contrast, the price of gold fell further as the dollar appreciated and the minutes of the November FOMC... 25th November 2016 · 1 min read
Energy Update Growing oil demand quietly rebalancing the market The focus of oil markets over the last few months has been squarely on the potential for OPEC to cut supply. However, growth in demand will have just as big an impact on oil prices over the next year... 24th November 2016 · 1 min read
India Chart Pack Anti-corruption drive has further to run The government’s shock demonetisation announcement earlier this month was its boldest measure yet to tackle corruption and formalise large parts of the shadow economy, but it is unlikely to be the... 24th November 2016 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A slump in net imports of crude oil and another jump in demand from refineries helped to drag down crude inventories last week. 23rd November 2016 · 1 min read
Middle East & North Africa Economics Update President Trump and the implications for the Middle East Two weeks on from Donald Trump’s victory in the US Presidential election and we’re starting to get a sense of the likely shape and priorities of his administration. The inherent contradictions in Mr... 23rd November 2016 · 1 min read
Middle East & North Africa Economics Focus Saudi Arabia unlikely to take strong action to boost oil prices The oil cartel, OPEC, is likely to reach some sort of face-saving deal to cut oil output at its meeting next week, but we think claims that Saudi Arabia has abandoned its strategy of protecting its... 22nd November 2016 · 1 min read
Africa Economics Update Nigeria: Non-oil economy recovers a bit as oil woes continue The improved performance of Nigeria’s non-oil sector is a very positive sign. But with oil output likely to fall yet again in Q4, it is too early to call the bottom of Nigeria’s economic downturn. 21st November 2016 · 1 min read
Commodities Weekly Commodities take stock After last week’s wild swings, the prices of most commodities stabilised this week. That said, positive comments from OPEC and Russian officials on the prospects for output cuts gave oil prices a... 18th November 2016 · 1 min read
Asia Economics Weekly Inflation to rise, but interest rates to remain low Inflation is set to continue rising across Emerging Asia as the effects of past falls in oil prices drop out of the annual comparison. However, we doubt the increase will be large enough to worry most... 18th November 2016 · 1 min read
Energy Watch OPEC likely to do just enough OPEC’s next official meeting on 30th November is being viewed by the markets as a make-or-break opportunity. A strong, credible deal to cap supply could put a floor under prices and help to rebalance... 17th November 2016 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A recovery in net imports of crude oil helped to fill stocks last week, whilst higher output from refineries boosted inventories of petroleum products. 16th November 2016 · 1 min read
Middle East & North Africa Economics Update Oil sector supports stabilisation of Saudi economy The latest figures from our Saudi GDP Tracker suggest that the Kingdom’s economy stabilised in Q3, supported by stronger growth in the oil sector. Some more timely indicators have raised fresh... 16th November 2016 · 1 min read
Commodities Update Investors turn positive on metals The prices of industrial metals have risen strongly in the last month on optimism about demand and a surge in investor buying. In contrast, sentiment has turned negative in the oil market as investors... 15th November 2016 · 1 min read
Commodities Weekly Commodities swing wildly on Trump victory Although the prices of industrial commodities initially plunged and gold rose on the news of Donald Trump’s victory in the US election, sentiment reversed very quickly as the President-elect Trump... 11th November 2016 · 1 min read
OPEC Watch Nigeria and Libya push OPEC’s output higher Another rise in OPEC’s oil output in October underlines how difficult it will be for the group to agree on meaningful cuts at the end of the month, especially as US oil production is also rising. In... 11th November 2016 · 1 min read
