Event Drop-In: That Xi-Biden meet in context – How fracturing is reshaping the global outlook 16th November 2023, 1:00PM GMT The splintering of the world economy into competing US and China-aligned blocs is dominating the macro and financial and commodities markets outlook. But how is this fracturing process evolving,…
Latin America Economics Update Will a “Dead Cow” become Argentina’s life saver? The Vaca Muerta shale formation will alleviate some of the pressure on Argentina’s fragile balance of payments position by substantially reducing the country’s gas import bill and raising oil export... 8th November 2023 · 6 mins read
China Rapid Response Merchandise Trade (Oct.) The year-on-year contraction in export values deepened last month. But this was mainly due to lower export prices. Export volumes were little changed after hitting a record high in September. We doubt... 7th November 2023 · 3 mins read
Africa Economics Weekly AGOA, EU-China influence, MTBPS Even as African officials push for an extension of a key US-Africa trade agreement, it was announced this week that Uganda will lose duty-free access to the US from next year in response to the... 3rd November 2023 · 5 mins read
China Economics Weekly The renminbi’s rise in China’s global transactions For the first time, over half of China’s global transactions are being settled in renminbi. Most of this renminbi isn’t travelling far – the bulk of settlement is being driven by financial flows with... 3rd November 2023 · 7 mins read
Australia & New Zealand Economics Weekly Recession still likely in Australia Timely data suggest that both goods and services consumption gained traction last quarter. Therefore, even with a huge drag on growth from net trade, it increasingly appears that the economy managed... 3rd November 2023 · 5 mins read
Australia & New Zealand Rapid Response Australia International Trade (Sep. 23) 2nd November 2023 · 2 mins read
Middle East & North Africa Economics Update Moroccan auto industry set to make further strides Morocco’s automobile sector has gone from strength to strength in the past decade, with production now rivalling some producers in Central and Eastern Europe. With investment from major global... 31st October 2023 · 3 mins read
China Chart Pack China Chart Pack (Oct. 2023) China’s economy is regaining some momentum after stalling during the summer. A step up in policy support looks set to deliver a modest cyclical recovery but trend growth remains under pressure. 30th October 2023 · 1 min read
China Economics Update Foreign investment in China still going strong Foreign direct investment into China, as measured by the balance of payments data, has collapsed. It is tempting to pin this on global fragmentation or a loss of confidence in China’s economic... 30th October 2023 · 5 mins read
Global Economics Update Uptick in global trade unlikely to be sustained for long Global goods trade rose slightly in August and timelier data point to further gains in September. But we expect global trade to fall again in due course as economic downturns in several advanced... 27th October 2023 · 4 mins read
Middle East & North Africa Economics Weekly Saudi Arabia real estate, Gulf deposits in Egypt Saudi Arabia’s mortgage market continues to struggle and, together with increased residential real estate supply in the Kingdom, is likely to keep property prices subdued for some time. Elsewhere... 26th October 2023 · 8 mins read
Europe Economics Update Weak external sector adds to euro-zone’s woes We expect euro-zone export growth to remain weak in the coming months against a backdrop of slow economic growth in key export markets and a stronger euro. 24th October 2023 · 2 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Oct. 2023) After a sharp slowdown this year, GDP growth across the Middle East and North Africa will improve in 2024 as OPEC+ starts to raise its output quotas and high oil prices allow the Gulf economies to... 24th October 2023 · 1 min read
