Latin America Rapid Response Chile GDP (Q3 2023) The 0.3% q/q expansion in Chile’s GDP in Q3 suggests that the recovery is beginning to take hold. We continue to expect above-consensus GDP growth in 2024-25. 20th November 2023 · 2 mins read
Latin America Economics Update Argentina: Milei’s win brings shock therapy onto the table Javier Milei’s victory in the final round of Argentina’s presidential election yesterday will bring about a major shift in economic policymaking. We suspect that some of his more radical proposals –... 20th November 2023 · 4 mins read
Asia Economics Update Thailand: steady growth ahead Economic growth in Thailand picked up in the third quarter of the year and we expect the economy to record steady, if unspectacular growth over the coming quarters, helped by looser fiscal policy and... 20th November 2023 · 2 mins read
China Activity Monitor CAP: Growth softened at the start of Q4 Our China Activity Proxy (CAP) shows that the economy was still making headway last month, though it appears to have lost some steam. Downside risks continue to linger, particularly in the property... 20th November 2023 · 3 mins read
Latin America Economics Weekly Argentina’s final presidential vote, Pemex woes The final round of Argentina’s presidential election between Javier Milei and Sergio Massa on Sunday offers starkly different paths for the economy – shock therapy or more of the current government’s... 17th November 2023 · 6 mins read
Emerging Europe Economics Weekly Israel rate cut bets increase, key stories from Q3 GDP Data for October out of Israel this week suggest that the initial impact of the conflict with Hamas on the export sector was fairly limited, that inflation pressures continued to ease and that the... 17th November 2023 · 7 mins read
Japan Economics Weekly Autos continuing to drive export strength Japan’s auto exports have surged this year, with volumes back at pre-pandemic levels. Its tourism sector has been doing well too as visitor numbers have returned to where they were in 2019. That... 17th November 2023 · 4 mins read
Global Economics Chart Pack Global Economics Chart Pack (Nov. 2023) While the US economy considerably outperformed its DM peers in Q3, we think that all advanced economies will suffer a weak Q4. High interest rates are weighing on credit growth, and a further rise in... 17th November 2023 · 1 min read
Asia Economics Malaysia: strong growth unlikely to last GDP figures for Malaysia published today confirmed that the economy rebounded strongly in the third quarter of the year. However, with interest rates set to remain elevated and exports likely to... 17th November 2023 · 2 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Nov. 2023) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. We believe that central banks in both Australia and New Zealand are done... 17th November 2023 · 1 min read
Australia & New Zealand Economics Weekly Labour market to loosen, infrastructure outlays to ease Data released this week showed that Australia's labour market remained tight in October, while wage growth accelerated to a 14-year high in Q3. However, with leading indicators suggesting that the... 17th November 2023 · 3 mins read
Europe Economics Update Riksbank to buck the trend and hike again While the world’s major central banks now appear to have ended their tightening cycles, we think the Riksbank will raise its policy rate by 25bp again next week, to 4.25%, because of the strength of... 16th November 2023 · 5 mins read
Global Economics Focus The shape of the fractured world economy in 2024 Our expanded Global Fracturing database allows clients to analyse how geopolitical pressures are reshaping global economic and financial activity. Here, we highlight some of the key findings. 16th November 2023 · 10 mins read
Emerging Europe Rapid Response Israel GDP (Q3) The slight slowdown in Israeli GDP growth to 2.8% q/q annualised in Q3 was more or less in line with expectations but comes before a likely sharp drop in Q4 amid the impact of the war with Hamas. We... 16th November 2023 · 2 mins read
