Australia & New Zealand Economics Update Consumers will pull back as financial strains build There are growing indications that household finances are coming under pressure as mortgagors struggle with rising debt-servicing costs. Although households benefit from substantial liquidity buffers... 16th October 2023 · 4 mins read
Japan Economics Weekly Above-trend growth won’t be sustained The savings rate bounced back in Q2 as consumption fell and remains above its pre-pandemic average, leaving scope for a renewed rise in spending over the coming quarters. And with inflation set to... 13th October 2023 · 6 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Oct. 2023) 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 retain their... 10th October 2023 · 1 min read
China Economics Weekly PBOC has CNH on a leash, domestic tourism picks up PBOC intervention in Hong Kong kept the offshore renminbi largely stable against the dollar this week even as US yields jumped. This lowers the chance of a large adjustment to the daily fixing rate... 6th October 2023 · 7 mins read
Australia & New Zealand Economics Weekly Resurgence in price pressures won’t last The Melbourne Institute’s timely inflation gauge suggests that trimmed inflation is likely to overshoot the RBA’s expectations for Q3. Although the Board left rates on hold this week, we therefore... 6th October 2023 · 4 mins read
Australia & New Zealand Rapid Response Australia International Trade & ABS Monthly Household Spending Indicator (Aug. 23) 5th October 2023 · 2 mins read
Europe Rapid Response Euro-zone Retail Sales (Aug.) & Final PMIs (Sep.) The drop in retail sales in August and weakness in the final PMIs for September are consistent with our view that the euro-zone economy will fall into recession in the second half of 2023. 4th October 2023 · 2 mins read
Latin America Economics Focus Brazil: rate cuts won’t prevent a sharp slowdown Brazil’s monetary easing cycle will probably lead to higher spending in interest rate sensitive areas such as furniture and appliances, autos and construction materials. But that won’t be enough to... 3rd October 2023 · 14 mins read
Japan Rapid Response Japan Industrial Production, Retail Sales & Labour Market (Aug. 23) 29th September 2023 · 2 mins read
China Chart Pack China Chart Pack (Sep. 2023) Our China Chart Pack has been updated with the latest data and our analysis of recent developments. China’s economy is regaining some momentum after stalling during the summer. A step up in policy... 28th September 2023 · 1 min read
Australia & New Zealand Rapid Response Australia Retail Sales (Aug.) Retail sales lost some momentum in August. However, with sales volumes still running above their pre-pandemic trend, that shouldn’t stop the RBA for hiking its cash rate by another 25bp. 28th September 2023 · 2 mins read
China Economic Outlook Stimulus to deliver partial recovery China’s economy is regaining some momentum after stalling for a brief period during the summer. A step up in policy support looks set to deliver a modest cyclical recovery but trend growth remains... 27th September 2023 · 17 mins read
RBA Watch RBA to hike again, rate cuts only in Q2 2024 Stronger-than-expected GDP and inflation data should cement the case for the RBA to deliver a final 25bp rate hike at its meeting next week. Given the shifting balance of risks, we think the Bank will... 27th September 2023 · 8 mins read
