Japan Data Response Flash Manufacturing PMI (Oct.) Even though the manufacturing PMI weakened a touch this month, it still points to robust gains in industrial output. However, the survey suggests that price pressures will not strengthen any further... 24th October 2017 · 1 min read
Canada Economics Weekly Economic growth slowing Despite net external trade being a drag, the economy managed to grow by close to 2.0% q/q annualised in the third quarter, partly thanks to a big rebound in non-residential buildings investment... 20th October 2017 · 1 min read
China Economics Update Capital Flows Monitor (Sep.) Our estimates show that China saw a net inflow of capital last month, albeit a very small one, for the first time since 2014. Foreign investors acquired Chinese financial assets at the fastest pace in... 20th October 2017 · 1 min read
Japan Data Response External Trade (Sep.) Net exports probably supported quarterly GDP growth in Q3 despite September’s weakness in export volumes. But we expect overseas GDP growth to weaken so the slowdown in export growth should continue. 19th October 2017 · 1 min read
US Chart Pack Economy rebounding from hurricane disruption Although GDP growth looks to have slowed slightly in the third quarter, at least partly due to the disruption caused by Hurricanes Harvey and Irma, the surge in the ISM surveys suggests that... 18th October 2017 · 1 min read
Middle East & North Africa Economics Update Egypt: investment key to sustaining manufacturing boom Egypt’s manufacturing sector has been one of the main beneficiaries from a weaker pound but the recent rapid pace of growth will be difficult to sustain in the absence of a significant pick up in... 18th October 2017 · 1 min read
US Economics Update NAFTA withdrawal no longer out of the question The demise of the NAFTA agreement would have a modest negative impact on the US economy. But if a unilateral withdrawal by the Trump administration signalled the beginning of a broader lurch toward... 17th October 2017 · 1 min read
Europe Data Response Euro-zone Trade (Aug.) The widening of the euro-zone’s trade surplus in August adds to the evidence that the region’s economy performed well in Q3. And the outlook for exports is bright. 16th October 2017 · 1 min read
India Economics Update Trade position will remain comfortable India’s trade deficit narrowed to a seven-month low in September. Looking ahead, there are several reasons to think that it will stay in check over the coming months. This should keep India’s... 16th October 2017 · 1 min read
Canada Economics Weekly Life without NAFTA wouldn't be catastrophic The most important data releases next week are the Bank of Canada’s Business Outlook Survey and consumer prices. Following its decision to start raising interest rates this year, the Bank will be... 13th October 2017 · 1 min read
Emerging Markets Trade Monitor EM export growth set to slow in Q4 EM exports look to have grown strongly in Q3, helped by a rise in commodity prices. However, this is unlikely to herald a return to the rapid rates of export growth seen at the beginning of 2017... 13th October 2017 · 1 min read
Japan Economics Weekly Will exports continue to impress? Export values rose the most since 2013 in August but the recent acceleration largely reflects a pick-up in export prices that is unlikely to last. While business surveys suggest that export volumes... 13th October 2017 · 1 min read
China Data Response Trade (Sep.) Seasonal factors helped to boost year-on-year trade growth last month. But there are also hints of a real pick-up in domestic demand, perhaps due to efforts to shore up activity ahead of the Party... 13th October 2017 · 1 min read
Latin America Economics Update What would the collapse of Nafta mean for Mexico? The immediate effects of a collapse in Nafta on Mexico’s economy might be smaller than many expect – we would probably nudge down our GDP forecast for 2018 by something like 0.5-1.0%-pts. The effects... 12th October 2017 · 1 min read
Japan Chart Pack Positive verdict on Abenomics ahead of snap elections The economy is providing a favourable backdrop to Prime Minister Abe’s efforts to be re-elected on 22nd October. Firms are the most upbeat in a generation following a jump in their profits. Job growth... 12th October 2017 · 1 min read
Middle East & North Africa Economics Update Saudi: improved current account reflects weak growth The marked improvement in Saudi Arabia’s current account position over the past year has eased fears that the riyal will be devalued. However, a large chunk of the improvement has been due to weaker... 11th October 2017 · 1 min read
