Europe Economics Update Swiss economy not as strong as first meets the eye The resilience of Swiss GDP over the past two years has been largely due to the merchanting sector, which buys and sells goods without them ever entering Switzerland. Excluding that sector, the... 16th April 2024 · 4 mins read
China Rapid Response China GDP (Q1) & Activity (Mar. 2024) Stronger-than-expected official GDP figures indicate that China’s economy gained momentum in Q1, thanks to policy support. But monthly activity data suggest that this policy-driven recovery is shaky... 16th April 2024 · 2 mins read
Middle East & North Africa Economics Update The Iran drone strike & the oil market implications There are clearly many ways in which tensions between Iran and Israel could escalate and push up oil prices following the Iranian drone strike at the weekend. But the risk that a conflict involving... 15th April 2024 · 4 mins read
Europe Rapid Response Euro-zone Industrial Production (February 2024) Euro-zone industrial production rose in January, but the level of output is still weak and the outlook is poor. 15th April 2024 · 2 mins read
Australia & New Zealand Economics Update Productivity malaise may last until end of this decade Weak capital spending is a key reason for Australia’s poor productivity performance. While investment growth has been strong recently, we think it will take until the second half of this decade before... 15th April 2024 · 4 mins read
Africa Economics Weekly Zuma to stand, SA activity, Nigeria fuel prices A court decision this week in South Africa has laid the ground for former president Zuma to stand in next month’s elections and opinion polls suggest that his MK Party will become the third largest in... 12th April 2024 · 7 mins read
Latin America Economics Weekly Services inflation concerns, Peru’s pension withdrawal The downside headline inflation surprises from some of the region's major economies this week mask the continued strength in underlying core services inflation. Stubborn underlying price pressures... 12th April 2024 · 5 mins read
Global Economics Chart Pack Global Economics Chart Pack (April 2024) Our Global Economics Chart Pack has been updated with the latest data and our analysis of recent developments. The latest data indicate some improvement in economic activity, particularly for industry... 12th April 2024 · 0 mins read
UK Economics Rapid Response UK GDP (Feb. 2024) The 0.1% m/m rise in GDP in February (consensus and CE +0.1%) and the upward revision to the gain in January from 0.2% m/m to 0.3% m/m all-but confirms the recession ended in Q4. But while we expect a... 12th April 2024 · 3 mins read
Asia Rapid Response Singapore Monetary Policy Announcement & Q1 2024 GDP (adv) The Monetary Authority of Singapore (MAS) kept policy settings unchanged today, as expected, but with the economy set to remain weak and core inflation on track to resume its downward trend soon we... 12th April 2024 · 3 mins read
Europe Economics Update ECB to cut by 100bp this year The ECB’s decision to update its guidance suggests that an interest rate cut at the next meeting in June is very likely. Christine Lagarde would understandably not commit to a path of rate cuts, but... 11th April 2024 · 3 mins read
Middle East & North Africa Economics Weekly Egypt’s policy shift, Saudi gigaprojects, Morocco GDP Just over a month ago Egypt’s authorities underwent their dramatic shift to economic orthodoxy and the signs so far are more positive than in previous instances. The pound is more flexible, inflation... 12th April 2024 · 7 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Apr. 2024) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. The minutes of their most recent meetings revealed that the RBA and the RBNZ... 11th April 2024 · 1 min read
UK Economics Chart Pack UK Economics Chart Pack (Apr. 2024) The bigger-than-expected fall in CPI inflation in February was the second in as many months, and together with the Bank of England’s clearer hints that it is getting close to cutting interest rates... 9th April 2024 · 1 min read
