Emerging Europe Chart Pack Emerging Europe Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 26th July 2023 · 1 min read
Europe Economics Update Money and lending data point to recession Data released this week show that tighter monetary policy has led to a sharp slowdown in money and lending growth, consistent on past form with falling GDP. Together with the latest business surveys... 26th July 2023 · 3 mins read
Emerging Europe Economics Update Israel’s judicial reforms present key downside risks The Israeli government’s decision to press ahead with its controversial judicial reforms won’t necessarily cause foreign investment into Israel to dry up, but the direction of policymaking threatens... 25th July 2023 · 4 mins read
Europe Rapid Response German Ifo Business Climate Indicator (July) The bigger-than-expected fall in the German Ifo, together with the drop in the PMIs published yesterday, suggest that the German economy continued to shrink at the start of Q3. We expect the recession... 25th July 2023 · 2 mins read
India Economics Update Investment growth entering a softer patch Investment held up well in the first half of the year but the recent moderation in credit growth and the messages from the latest survey data suggest that it is going to enter a softer patch over the... 25th July 2023 · 2 mins read
Asia Economics Update Korea: GDP data worse than it looks GDP growth in Korea rebounded in the second quarter, but the data was far worse than it looks, with all of the major sub-components contracting. With weak global demand set to drag on exports and high... 25th July 2023 · 3 mins read
China Economics Update China and Japanification: How great is the risk? China is not suffering a balance sheet recession: most private firms are not highly indebted and would borrow if they had more confidence in the economic outlook. But there are other parallels with... 24th July 2023 · 4 mins read
Latin America Chart Pack Latin America Chart Pack (July 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 24th July 2023 · 1 min read
Europe Economics Update Italy may only spend a quarter of EU Recovery Fund Italy has already accumulated so many delays in spending NextGenerationEU money that it will only be able to use a fraction of the funds and any boost to growth is likely to be much smaller than hoped... 24th July 2023 · 6 mins read
Global Economics Update PMIs: Clear signs that services activity is now slowing July’s flash PMIs suggest that activity slowed further at the start of Q3. Industry remains the weak spot, but the outlook for the services sector has also deteriorated noticeably. And while this... 24th July 2023 · 3 mins read
Canada Chart Pack Canada Chart Pack (Jul. 2023) Strong immigration and the turnaround in the housing market raise the chance that the economy will avoid recession but, with the Bank of Canada back in hiking mode, we still judge that GDP will... 24th July 2023 · 1 min read
China Rapid Response Politburo Meeting (Jul. 23) The readout of the Politburo’s quarterly meeting on economic affairs has just been published by state media. It struck a dovish tone but fell short of delivering any major new announcements. 24th July 2023 · 3 mins read
Japan Economics Focus Japan is not on the cusp of a lasting turnaround Japan bulls have proposed a range of explanations to justify the outperformance of the TOPIX relative to other equity indices over recent months. While there are some signs that firms are enjoying... 24th July 2023 · 18 mins read
UK Economics Rapid Response UK S&P Global/CIPS Flash PMIs (Jul. 2023) July’s flash activity PMIs suggest that the resilience in activity has eased further and that domestic inflationary pressures are starting to slow faster. That supports our view that the Bank of... 24th July 2023 · 3 mins read
Europe Rapid Response Euro-zone Flash PMIs (July 2023) July’s euro-zone PMIs are consistent with our non-consensus view that the currency union’s economy will remain in recession. But they also suggest that the labour market will remain tight, keeping... 24th July 2023 · 2 mins read
