China Rapid Response China Trade (Jul.) Chinese exports contracted in July by the most since the start of the pandemic. But the recent declines mostly reflect lower prices rather than volumes, which are still well above their pre-pandemic... 8th August 2023 · 3 mins read
Middle East & North Africa Economics Weekly Record SAIBOR, Egypt FX crunch, Saudi extends oil cut The Saudi Arabian interbank rate hit its highest level in over two decades and, with credit growth in the Kingdom slowing, pressure is likely to mount on the Saudi Central Bank to intervene and inject... 3rd August 2023 · 7 mins read
Latin America Economics Update Argentina: comparisons with 2001/02 There are some unnerving similarities between Argentina’s current situation and that which preceded the 2001/02 crisis, including twin deficits, an overvalued exchange rate, and large external FX... 3rd August 2023 · 4 mins read
Middle East & North Africa Rapid Response PMIs (Jul. 23) July’s batch of PMIs for the region were a mixed bag, with the surveys from the Gulf falling back as they did in many other emerging markets but still pointing to robust non-oil activity. Elsewhere... 3rd August 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia International Trade (Jun. 2023) 3rd August 2023 · 2 mins read
Commodities Update India’s rice export ban: a food security warning shot? We think the price of rice is set to climb after India’s additional rice export restrictions have exacerbated global shortage concerns. For now, though, we don’t expect other major producers to follow... 1st August 2023 · 2 mins read
UK Economics Chart Pack UK Economics Chart Pack (Aug. 2023) Despite the easing in CPI inflation from 8.7% in May to 7.9% in June and core inflation from 7.1% to 6.9%, we think strong wage growth and the continued resilience of real GDP will mean interest rates... 1st August 2023 · 1 min read
Global Economics Update World trade probably hasn’t reached its trough yet Global goods trade rose slightly in May, but timelier data point to a renewed fall in June. And as spending patterns continue to normalise away from goods towards services at the same time as higher... 28th July 2023 · 4 mins read
Event EM Drop-In: Rate cuts, friendshoring, the carry trade and more 1691067600 In the latest of our monthly EM Drop-Ins, Shilan Shah le a team of economists from across our EM and Markets services to answer client questions on what’s happening in EM mac
Middle East & North Africa Economics Weekly Saudi sporting focus, Egypt dollar draw, Tunisia loan Saudi Arabia’s Pro League went from the back pages to the front pages this week after Al-Hilal record bid for PSG’s Kylian Mbappé. While the news has put renewed attention on the Kingdom’s sporting... 27th July 2023 · 8 mins read
Africa Chart Pack Africa Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 26th July 2023 · 1 min read
Latin America Economics Update How can Argentina get out of its crisis? Recently-announced measures by Argentina’s government are merely stopgap solutions and appear to be aimed at staving off a disorderly devaluation ahead of upcoming elections rather than stabilising... 26th July 2023 · 3 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 26th July 2023 · 1 min read
Latin America Chart Pack Latin America Chart Pack (July 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 24th July 2023 · 1 min read
