Asia Economics Update What next for Pakistan after the election? Imran Khan looks set to be confirmed as Pakistan’s next prime minister just as the economy teeters on the brink of a full-blown economic crisis. His plans to boost social spending will have to be... 26th July 2018 · 1 min read
Metals Data Response China and India Gold Imports (Jun.) The latest trade data for India and China show divergent trends in imports of gold by the two largest consumers. China’s gold imports continued to soar on the back of strong wholesale consumption... 26th July 2018 · 1 min read
UK Commercial Property Data Response RICS Construction Market Survey (Q2) According to the RICS, the growth of the supply pipeline in the commercial property sector moderated a touch during the second quarter. As has been the case for some time, supply side constraints... 26th July 2018 · 1 min read
Bank of Japan Watch BoJ to tread carefully in policy review Leaks from the Bank of Japan ahead of next week’s Policy Board meeting have prompted speculation that the Board will adjust its policy framework. Any changes would be intended to address the strains... 26th July 2018 · 1 min read
Nordic & Swiss Data Response Sweden Econ. Tend. Survey (Jul.) & Unemploy’t (Jun.) The Swedish economy continues to perform well. And with inflationary pressures gradually rising, we expect the Riksbank to raise interest rates this year. 26th July 2018 · 1 min read
China Activity Monitor Boost from looser pollution controls starts to fade Our China Activity Proxy (CAP) suggests that economic growth softened slightly last month after picking up in April and May. We think momentum will weaken further over the second half of this year. 26th July 2018 · 1 min read
Global Economics Update How much damage would a Brexit “no deal” cause? Although the more extreme warnings about the short-term impact of a “no-deal” Brexit on the economy are overdone, there is little doubt that it could deal a reasonable blow to GDP growth next year. 25th July 2018 · 1 min read
Asia Economics Update Will Cambodia’s investment-led growth last? Hun Sen is likely to record his fifth election victory on Sunday against the backdrop of an economy riding high on the back of a Chinese investment boom. Chinese money should help to support strong... 25th July 2018 · 1 min read
Global Markets Update Next round of trade war likely to hit US assets harder Despite the resilience of the S&P 500 recently, US assets have not been altogether immune to trade tensions. And we think that they will come under a lot more pressure if, as seems increasingly likely... 25th July 2018 · 1 min read
Global Trade Monitor World trade losing momentum, but not collapsing World trade volumes rose in May but their underlying rate of growth dropped again. We continue to think that the evidence does not yet point to anything worse than a modest slowdown. 25th July 2018 · 1 min read
Canada Economics Update Will core inflation continue to rise? The upward trend in core inflation over the past year is as much a reflection of past weakness as current strength. Core inflation looks set to remain near 2% in the coming months before dropping back... 25th July 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil plunged last week due to a slump in net imports. Overall production was steady, but output in the shale regions continued to rise despite logistical constraints, which is... 25th July 2018 · 1 min read
US Housing Market Data Response New Home Sales (Jun.) Given the recent decline in home buyer sentiment, as well as the dip in existing home sales already reported, June’s fall in new home sales should not come as a surprise. That said the dip did more... 25th July 2018 · 1 min read
Frontier Markets Wrap Weak balance sheets come into focus Market concerns over fragile balance sheets have forced policymakers in a number of frontier economies to take action over the past month. Strains in the balance of payments prompted the authorities... 25th July 2018 · 1 min read
Capital Daily Lat Am equities shrug off China worries, but still vulnerable 25th July 2018 · 1 min read
UK Economics Update How much damage would a Brexit “no deal” cause? Although the more extreme warnings about the short-term impact of a “no-deal” Brexit on the economy are overdone, there is little doubt that it could deal a reasonable blow to GDP growth next year. 25th July 2018 · 1 min read
