Europe Economics Update Consumption to drive Sweden’s recovery Sweden’s economy is likely to see a strong rebound next year as consumption will benefit from fiscal stimulus and lower household interest expenditure. We think that the recovery will encourage the... 9th October 2024 · 4 mins read
UK Economics Chart Pack UK Economics Chart Pack (Oct. 2024) We think the Chancellor will raise taxes in line with the planned £16bn (0.6% of GDP) a year increase in public spending at the Budget on 30th October. The main influence of this will just be a... 9th October 2024 · 1 min read
Japan Chart Pack Japan Chart Pack (Oct. 2024) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. Wage growth is starting to outpace inflation and with real incomes rising, the rebound in consumer... 8th October 2024 · 1 min read
Europe Rapid Response Euro-zone Retail Sales (August 2024) Euro-zone retail sales edged up in August but were still below their level in May. The big picture is that overall consumption growth is likely to remain subdued. 7th October 2024 · 2 mins read
Europe Economics Update Euro-zone household saving rate likely to stay high Data published today show that the euro-zone’s household saving rate rose even further in Q2 this year. The increase since late 2022 can be attributed to low consumer confidence and high interest... 4th October 2024 · 3 mins read
China Economics Update China stimulus: your questions answered China’s recent stimulus announcements are still at the top of many investors’ minds, at least judging by the high level of client interest in the online briefing we ran on the topic yesterday. We’ve... 3rd October 2024 · 8 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Aug. 24) 30th September 2024 · 2 mins read
Commodities Update New China stimulus won’t lift commodity demand While the announcement of new stimulus measures by Chinese officials coincided with increases in many commodity prices, the package does not materially alter the outlook for China’s commodity demand... 25th September 2024 · 2 mins read
Canada Economic Outlook Weak growth to prompt more aggressive loosening With the inflation battle all but won, weak GDP growth will force the Bank of Canada into more aggressive action, with a couple of 50bp interest rate cuts to end this year. We expect the Bank to adopt... 25th September 2024 · 14 mins read
Australia & New Zealand Economic Outlook RBA has less room to cut rates than the RBNZ A tight labour market and elevated public demand will keep the RBA from loosening policy before early-2025. Moreover, we expect the forthcoming easing cycle to be short-lived by past standards. By... 25th September 2024 · 20 mins read
Canada Rapid Response Retail Sales (Jul. 2024) The rebound in retail sales volumes in July will be welcome news to the Bank of Canada, which has been concerned about the downside risks to the economy. With the outlook for sales positive, there is... 20th September 2024 · 1 min read
China Economics Weekly Fed pivot offers limited relief, holiday spending falls flat Fed rate cuts will be welcomed by Chinese policymakers as they make it easier for property developers to service their dollar debt and reduce the need for PBOC intervention to defend the renminbi. But... 20th September 2024 · 5 mins read
