Australia & New Zealand Economics Weekly Australia’s sensitivity to Chinese demand rising again Easing trade tensions and the relative resilience of iron ore prices relative to prices of fossil fuels have once again lifted China’s importance as a destination for Australia’s exports over the last... 15th March 2024 · 6 mins read
Australia & New Zealand Rapid Response Australia GDP (Q4 2023) Although GDP growth last quarter was in line with what the RBA had expected, the Bank will take comfort from the fact that households continue to exercise spending restraint, while productivity... 6th March 2024 · 3 mins read
Australia & New Zealand Economics Weekly Strong capex growth to ease capacity pressures There are growing signs that restrictive policy settings are working to establish a more sustainable balance between demand and supply in the Australian economy. Indeed, inflation has continued to... 1st March 2024 · 5 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
Middle East & North Africa Economics Update Egypt: Ras el Hekma deal paves the way for policy shift The $35bn deal struck between Egypt’s government and the Abu Dhabi sovereign wealth fund, ADQ, will go some way towards alleviating acute balance of payments strains and pave the way for an enhanced... 27th February 2024 · 4 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Feb. 2024) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to remain in “wait... 22nd February 2024 · 1 min read
US Chart Pack US Chart Pack (Feb. 2024) The economy continues to appear impervious to higher interest rates and, although we expect growth to slow over the first half of this year, that slowdown is likely to be modest. But we don’t expect... 21st February 2024 · 1 min read
China Economics Focus Still unbalanced, still unsustainable Despite repeated talk about the need to rebalance China’s economy over the past decade and a half, there has so far been little meaningful reduction in its dependence on investment and on exports. In... 22nd January 2024 · 15 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Jan. 2024) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to remain in “wait... 18th January 2024 · 1 min read
UK Economics Update Resilience in business investment won't last We doubt the recent resilience of business investment in the face of higher interest rates will last. We think a drop back in business investment will contribute to the economy continuing to stagnate... 15th January 2024 · 5 mins read
India Economics Weekly Air pollution threat, FDI outlook, CPI data Air quality levels in India have been the worst on record in recent weeks and the country's reliance on coal suggests that this will remain an economic headwind for a long time to come. That doesn't... 12th January 2024 · 4 mins read
India Economics Update Why has FDI into India slumped? The sharp drop in net foreign direct investment (FDI) inflows into India over the past year was in part a consequence of the rise in global interest rates and the worsening global economic backdrop... 9th January 2024 · 5 mins read
US Rapid Response Personal Income & Spending, Durable Goods (Nov.) The confirmation that core PCE prices rose by just 0.06% m/m in November means that, over the past six months, core inflation has been running at an annualised pace of just 1.9%. Adding in the further... 22nd December 2023 · 2 mins read
China Rapid Response Activity & Spending (Nov.) The main bright spot was a healthy pick-up in industrial output thanks to the strength in exports. Retail sales and fixed investment remained resilient. Meanwhile, troubles in the property sector... 15th December 2023 · 4 mins read
