UK Economics Update The bumpy road to Brexit: a primer There are now only six months left to negotiate the deal under which the UK will leave the EU and move into a transition period. This Update lays out five key questions and answers on what still needs... 27th September 2018 · 1 min read
Middle East & North Africa Economics Weekly Gulf to enter EMBI, another Egyptian dollar debt sale? JP Morgan’s announcement that it will include five GCC economies in its EMBI dollar bond indices should provide a further fillip to foreign investment in the region’s financial markets. Even so, we... 27th September 2018 · 1 min read
Asia Economics Update Taiwan’s central bank in no rush to raise rates Taiwan’s central bank (CBC) decided to keep its policy rate on hold today at 1.375% against a backdrop of strong economic growth and low inflationary pressures. The fairly dovish tone of the CBC’s... 27th September 2018 · 1 min read
Asia Economics Update More rate hikes likely in the Philippines Today’s 50bp rate hike in the Philippines comes in response to a further rise in inflation and is unlikely to be the last in the current cycle. We are expecting rates to rise by at least a further... 27th September 2018 · 1 min read
UK Housing Market Data Response Housebuilding (Q2) Housing starts have declined in response to weakening demand. Looking ahead, there are few reasons to expect demand to bounce back. As a result, we expect builders to slow construction further over... 27th September 2018 · 1 min read
Africa Chart Pack Africa: Growth stumbles, policymakers turn hawkish Figures released over the past month showed that the South African and Angolan economies both contracted in the first half of the year, with South Africa entering a technical recession in Q2... 27th September 2018 · 1 min read
Metals Data Response China and India Gold Imports (Aug.) The latest trade data for India and China show gold imports by the two largest consumers rising on lower prices, but this is unlikely to last as local prices have rallied, which has already started to... 27th September 2018 · 1 min read
Europe Data Response EC Business & Consumer Survey (Sep.) September’s fall in the EC’s measure of euro-zone economic sentiment adds to the evidence that economic growth is slowing. This slowdown isn’t sharp enough to deter the ECB from ending its asset... 27th September 2018 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Sep.) Our weighted average of the Economic Sentiment Indicators for Central and Eastern Europe (CEE) fell to a ten-month low in September, suggesting that GDP growth in the region has continued to slow in... 27th September 2018 · 1 min read
Asia Economics Update Further rate hikes likely in Indonesia Today’s 25 basis point rate hike by Bank Indonesia is unlikely to be the last in the current cycle. With the rupiah set to remain under downward pressure over the coming months, we expect at least two... 27th September 2018 · 1 min read
Nordic & Swiss Data Response Sweden Economic Tendency Survey (Sep.) September’s further rise in the Economic Tendency Indicator suggests that neither uncertainty about the domestic political environment nor worries about rising trade protectionism have damaged the... 27th September 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil rose as demand from refineries weakened and US production ticked up. Gasoline stocks also rose, despite lower refinery runs, underpinning our assessment that growth in US... 26th September 2018 · 1 min read
Frontier Markets Wrap Frontier market sovereign debt fears on the rise Sovereign balance sheets in most of the large emerging economies are in reasonable shape, but those in a few of the smaller Frontier Market economies are very fragile. And investors’ concerns have... 26th September 2018 · 1 min read
US Housing Market Data Response New Home Sales (Aug.) New home sales rose by 3.5% m/m in August. But given the volatile nature of the series, and a downward revision to July’s reading, the overall picture is one of flat sales since the end of last year... 26th September 2018 · 1 min read
US Economics Update Monetary Indicators Monitor (Aug.) A combination of the Fed’s balance sheet rundown and rising interest rates have pushed narrow money growth down to an eight-year low, but growth in the broader money and credit aggregates have held up... 26th September 2018 · 1 min read
Capital Daily What future Fed policy is likely to mean for the markets 26th September 2018 · 1 min read
