Japan Economics Update EU trade deal could boost productivity somewhat The impact of the proposed tariff cuts in the EU/Japan free trade agreement should not be overstated. But the deal will also reduce non-tariff barriers and barriers to foreign direct investment which... 6th July 2017 · 1 min read
India Economics Update Rise in coal production belies long-term challenges A rise in domestic coal production this year has led some to suggest that the government could yet achieve its goal of ending its reliance on imports within the next three years. But the sector... 6th July 2017 · 1 min read
UK Data Response National Accounts & Balance of Payments (Q1) While Q1’s National Accounts confirmed that quarterly GDP growth slowed sharply at the start of 2017, there are signs that growth has re-accelerated. 30th June 2017 · 1 min read
Asia Economics Weekly Asian financial crisis twenty years on There are more differences than similarities between the situation now and the position many Asian countries found themselves in on the eve of the Asian financial crisis 20 years ago. But there is no... 30th June 2017 · 1 min read
Australia & New Zealand Chart Pack Growth to remain subdued in Australia While GDP growth in both Australia and New Zealand in the first quarter was weaker than most had anticipated, this was partly the result of temporary factors that will fade. Nonetheless, while the... 29th June 2017 · 1 min read
Africa Chart Pack Africa: Key economies pick up in Q2 After a very poor start to the year, most of Africa’s larger economies bounced back at the start of Q2. South African activity data suggest that the region’s most industrialised economy returned to... 23rd June 2017 · 1 min read
Global Trade Monitor World trade still doing well in Q2 Although the latest CPB data suggest that global trade growth slipped at the start of the second quarter, we doubt that this marks the start of a sustained downturn. Indeed, more timely evidence... 23rd June 2017 · 1 min read
Europe Economics Weekly Europe enters Brexit talks on a strong footing As official negotiations about Britain’s exit from the European Union began this week, the remaining member states appeared to be in a robust position. The euro-zone economy, in particular, is still... 23rd June 2017 · 1 min read
Australia & New Zealand Economics Weekly All Blacks to beat British Lions in economic tests If the relative performance of the economies of New Zealand and the UK/Ireland over the next few years is anything to go by, the All Blacks will beat the British & Irish Lions 2-1 in the rugby test... 23rd June 2017 · 1 min read
India Chart Pack RBI wields new powers The Reserve Bank of India (RBI) has started to put to use its new powers to clean up the banking sector. Earlier this month it instructed several commercial banks to begin insolvency proceedings... 22nd June 2017 · 1 min read
Emerging Markets Economics Update Revisiting EM links with China The EMs with the deepest trade ties to China have, unsurprisingly, benefitted most from the economy’s rebound since the start of 2016. These countries lie mostly in Asia. It follows that these are the... 21st June 2017 · 1 min read
Africa Data Response South Africa Current Account (Q1) South Africa’s current account deficit widened a touch in Q1, but remained small by recent standards. This will help to shield the rand from the effect of political shocks. 20th June 2017 · 1 min read
India Economics Update Oil imports to remain in check India’s monthly trade deficit widened to its highest level in two and a half years in May, but we don’t think this is much of a concern. With imports of key commodities such as oil likely to stay in... 19th June 2017 · 1 min read
Japan Data Response External trade (May) Export values didn’t rebound in May while import values edged higher which suggests that net exports turned into a drag on GDP growth in Q2. However, business surveys suggest that external demand... 19th June 2017 · 1 min read
India Economics Update External vulnerabilities remain low There was a slight widening in India’s current account deficit in Q1, but the bigger picture is that the external shortfall remains small. In addition, FDI inflows remain strong. Given this, the... 16th June 2017 · 1 min read
US Economic Outlook Growth to accelerate, but downside risks mounting In our baseline scenario, which still includes a fiscal stimulus early next year, we expect GDP growth to accelerate from 2.2% this year to 2.5% in 2018. The downside risks to that scenario have... 15th June 2017 · 1 min read
