Middle East & North Africa Rapid Response

PMIs (Aug. 2024)

August’s batch of PMIs showed a slightly more positive outturn for the Gulf’s private non-oil sectors, but there was better news from Egypt where its PMI rose back above the 50-mark for the first time...

3rd September 2024 · 2 mins read

China Economics Weekly

Tariff barriers keep climbing, USD still dominates trade

Canada's new tariffs on Chinese exports won't have much of an impact on China's economy, but they are symptomatic of a broader wave of protectionist measures that have been ramping up in recent years...

30th August 2024 · 5 mins read

Climate Economics Monthly

Canada EV tariffs; Is Trump warming to EVs?

While Canada's tariffs on Chinese-made electric vehicles are unlikely to have a major impact on China's green exports, it is another example of broader global fracturing between China and the West...

30th August 2024 · 4 mins read

China Chart Pack

China Chart Pack (Aug. 24)

Falling house prices and a soft labour market will continue to hold back consumer spending over the coming months. And with the PBOC concerned about a bond bubble, large-scale monetary easing appears...

30th August 2024 · 1 min read

Australia & New Zealand Economics Weekly

Cap on foreign students could stymie growth in 2025

The Australian government is working to pass legislation that would cap international student commencements at 270,000 in 2025, a significant step down from its current level of around 400,000. While...

30th August 2024 · 5 mins read

Emerging Markets Economics Chart Pack

Emerging Markets Chart Pack (August 2024)

EM recoveries are beginning to slow and should continue to do so over the coming quarters. Within this there will be regional variation, with Asia the outperformer and Latin America the laggard...

29th August 2024 · 1 min read

Middle East & North Africa Chart Pack

Middle East and North Africa Chart Pack (Aug. '24)

Our latest Middle East and North Africa Chart Pack has been updated to reflect the latest data and developments in the region. Growth in the Gulf economies is likely to pick up in the coming quarters...

28th August 2024 · 1 min read

India Chart Pack

India Chart Pack (August 2024)

The economy is on course to grow by 6.5-7% per year between 2024 and 2026, which would put India on course to become the world’s third-largest economy in the next couple of years. Headline CPI...

27th August 2024 · 1 min read

Europe Economics Weekly

No need to cry over subsidised milk

This week’s EU-China spat over EV and dairy duties was interpreted by the EU’s Chief diplomat as a sign that a trade war may be “unavoidable”, but we think it is actually evidence that both sides will...

23rd August 2024 · 8 mins read

Latin America Economics Weekly

Banxico, Chile’s current account, Brazil’s rate hike debate

The data out of Mexico this week, alongside the minutes to the central bank’s August meeting, support our view that Banxico will continue its easing cycle in September. Elsewhere, the further...

23rd August 2024 · 6 mins read

Africa Chart Pack

Africa Chart Pack (Aug '24)

GDP growth looks set for a modest pick up over the coming quarters as inflation falls back in most SSA economies and monetary easing cycles broaden out. The external environment will remain...

23rd August 2024 · 0 mins read

Middle East & North Africa Economics Weekly

Ceasefire latest, CBE governor stays on, PIF annual report

The US government has pushed for a ceasefire agreement between Israel and Hamas this week, but an agreement seems some way off still. A deal would benefit Egypt, Jordan and Lebanon, whose economies...

22nd August 2024 · 6 mins read

Emerging Markets Economics Update

Emerging Markets Capital Flows Monitor (Aug. 2024)

Capital flows into EMs reversed course during the bout of market turmoil earlier this month. But the decline was no larger than that seen in other risk-off periods this year and inflows have since...

21st August 2024 · 2 mins read

Climate Economics Update

A new high for China green exports despite EV tariffs

China’s electric vehicle exports rose strongly in July despite EU tariffs coming into force. This, alongside the continued surge in battery exports, lifted our measure of China’s green export volumes...

20th August 2024 · 2 mins read

Emerging Markets Economics Update

What impact will the recent wave of EM protests have?

The protests that have swept several EMs in recent weeks are likely to have a longer-lasting economic impact in countries with weak balance sheets and/or where they lead to a major shift in policy. To...

20th August 2024 · 4 mins read