Latin America Economics Update Weaker real starting to bring benefits to Brazil The latest slump in Brazilian markets has added to gloom over the outlook for the economy, but there are early signs that a much weaker real is now starting to benefit the country’s trade position. 24th August 2015 · 1 min read
Africa Economics Update Nigeria: Oil not the only worry Nigeria’s economy has struggled this year, with the most obvious cause being the recent collapse of global oil prices. But this isn’t the only obstacle to faster growth in Sub-Saharan Africa’s largest... 24th August 2015 · 1 min read
Energy Watch Will China become a net-exporter of coal? The depreciation of the Chinese currency alongwith declining consumption and imports of coalhave raised the question of whether China,currently the world’s largest importer of coal, could soon switch... 21st August 2015 · 1 min read
Global Markets Update What next for the Norwegian krone? The Norwegian krone has been the worst-performing G-10 currency since the middle of last year – it has lost more than a quarter of its value against the US dollar. Still, given the prospects for the... 20th August 2015 · 1 min read
Canada Chart Pack Economy struggling to escape recession Since oil prices first began to fall last year, Canada’s economic performance has gone from mediocre to dismal, culminating in a mild recession in the first half of this year. With oil prices tumbling... 19th August 2015 · 1 min read
Japan Data Response External trade (Jul.) The trade deficit widened in July, and should continue to rise in coming months as the weaker yen pushes up import costs. 19th August 2015 · 1 min read
Latin America Data Response Chile GDP & Current Account (Q2) The small fall in Chile’s GDP in the second quarter was partly the result of floods in the north of the country, but not entirely. All components of domestic demand contracted, suggesting that the... 18th August 2015 · 1 min read
Europe Economics Focus How fast can Spain grow? The relief rally in Chinese equities prompted by additional policy stimulus has turned global sentiment around, but a sustained recovery in commodity prices will probably require hard evidence that... 18th August 2015 · 1 min read
Europe Data Response Euro-zone Trade (Jun.) June’s euro-zone goods trade data suggested that net trade boosted GDP growth in Q2. But as the effects of the weaker euro fade, export growth might soon slow again. 17th August 2015 · 1 min read
China Data Response Hong Kong GDP (Q2) Hong Kong’s GDP growth slowed last quarter, dragged down by a fall services exports and subdued consumer spending. Looking ahead, we expect growth to remain weak in the coming quarters as exports... 14th August 2015 · 1 min read
Global Economics Update Does the weakness in world trade signal a broader downturn? The recent run of weak trade data has raised fresh concerns about the health of the global economy. However, the fall in the value of trade over the past year mostly reflects lower commodity prices... 11th August 2015 · 1 min read
Emerging Europe Data Response Turkey Current Account (Jun.) & Hungary CPI (Jul.) Turkey’s current account deficit narrowed in dollar terms in June, but only because imports dropped by more than exports. Moreover, the financing of the deficit remains a source of vulnerability... 11th August 2015 · 1 min read
China Economics Update Imports hint at policy-driven pick-up in demand Yesterday's inflation data suggest domestic price pressures remained broadly stablelast month. Meanwhile, although exports were subdued, policy easing appears to have supported commodity import... 10th August 2015 · 1 min read
Emerging Markets Economics Update Winners and losers from the latest commodity collapse Of the major EMs, the biggest losers from the most recent fall in commodity prices have been Russia, Nigeria and Colombia, while the biggest winners have been Korea, India and Thailand. A similar... 7th August 2015 · 1 min read
UK Data Response Trade (Jun.) The widening of the trade deficit in June is likely to be the start of a further deterioration in coming months, thanks to the stronger pound and the weakness of demand in the euro-zone. 7th August 2015 · 1 min read
Global Economics Chart Pack Global growth set to recover further Global growth rebounded in the second quarter and the latest business surveys suggest that it has picked up further at the beginning of Q3. Growing fears of a hard landing in China have weighed on... 6th August 2015 · 1 min read
