Climate Economics Update EMs are a growing market for Chinese green exports The continued divergence between export values and export volumes of the “New Three” underlines the downward pressure on prices from the rapid expansion in manufacturing capacity in China. Meanwhile... 20th June 2024 · 2 mins read
Japan Rapid Response Japan External Trade (May 2024) Trade volumes were little changed in May which suggests that net trade provided a small drag on GDP growth this quarter. 19th June 2024 · 1 min read
Emerging Europe Economics Weekly EV tariffs, European election results, May inflation The EU’s new tariffs on EV imports from China announced this week could provide a boost to economies in Central and Eastern Europe by pushing Chinese carmakers to set up more factories in the region... 14th June 2024 · 7 mins read
Europe Economics Weekly France risk and ”reverse contagion” It is difficult to know how radical (or reckless) France’s next government will be on fiscal policy, but the risks to France’s public finances have certainly risen since the snap election was called... 14th June 2024 · 5 mins read
China Economics Weekly Europe leaves the road open for China’s EV-makers China protested the European Commission’s imposition of additional tariffs on Chinese-made electric vehicles this week but, if the EU goes no further, China’s government is likely to see this as a... 14th June 2024 · 6 mins read
Japan Economics Weekly Higher bond yields won’t prompt massive repatriation While 10-year JGB yields have fallen well below 1% as the BoJ today delayed the announcement of tapering plans to its July meeting, they are still around a decade-high. The ability of Japanese... 14th June 2024 · 5 mins read
Middle East & North Africa Economics Weekly Morocco’s EVs to fuel auto boom, Aramco issuance The EU’s tariffs on EV imports from China may encourage Chinese firms to raise investments into Morocco, whose auto sector is growing rapidly on the back of expansion plans from both Chinese and... 13th June 2024 · 7 mins read
Emerging Markets Economics Focus FX scarcity: will the pain point ease? The authorities in several major emerging markets, including Egypt, Argentina and Nigeria, have taken important policy steps recently that may allow them to ease restrictions on access to foreign... 13th June 2024 · 20 mins read
Global Economics Chart Pack Global Economics Chart Pack (June 2024) Our Global Economics Chart Pack has been updated with the latest data and our analysis of recent developments. The latest data suggest that economic activity has continued to improve in the past... 12th June 2024 · 0 mins read
Europe Economics Update Euro-zone export prospects have improved Sluggish economic growth in the euro-zone’s trading partners and a deterioration in competitiveness caused an extremely rare absolute decline in euro-zone export volumes last year. Poor... 11th June 2024 · 4 mins read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor (Jun. 2024) Net capital inflows into EMs have climbed back into positive territory in recent weeks, driven by a sharp rise in foreign investors’ purchases of Turkish government debt. This strength could continue... 11th June 2024 · 2 mins read
Asia Economics Update Pakistan cuts rate, but further easing to be gradual The State Bank of Pakistan (SBP) kicked off its easing cycle today with a 150bps rate cut, and while further cuts are likely, ongoing negotiations with the IMF for a new long-term loan deal mean that... 10th June 2024 · 2 mins read
CE Spotlight Spotlight: The future of global macro and markets leadership - Will the US be overtaken? We expect the US to remain the world’s pre-eminent global economy for the foreseeable future. Not only will its own economic performance remain comparatively strong – not least as the advent of AI... 10th June 2024 · 1 min read
CE Spotlight Spotlight: Chapter 2 - Will the US retain its economic lead and who might challenge it? The US’s economic leadership is partly related to its sheer size, but its population also works more than other countries and it fares better on productivity. While the US economy faces various... 10th June 2024 · 39 mins read
Japan Economics Update Why are US import prices from Japan rising? Rising car prices explain why US import prices from Japan haven’t fallen despite the sharp weakening of the yen. While growth in car prices has slowed as supply shortages have unwound, this hasn’t... 10th June 2024 · 2 mins read
