Middle East & North Africa Economics Weekly

OPEC+ decision, Saudi Arabia’s Article IV, Egypt inflation

The recent slide in oil prices has raised the prospect that OPEC+ delays planned increases to output at its meeting next week, but this risks stoking tensions among key members if it means that the...

5th September 2024 · 6 mins read

Africa Economics Update

FOCAC: Africa-China relations in a fracturing world

Attention at the Forum on China-Africa Cooperation that started today in Beijing will be on the extent to which China can stave off competition from the US to strengthen ties with the region...

4th September 2024 · 7 mins read

US Rapid Response

International Trade (Jul. 2024)

The July trade data suggest that net trade will weigh on third-quarter GDP growth, but that is hardly cause for concern when it reflects the continued strength of imports, painting a better picture of...

4th September 2024 · 1 min read

Canada Rapid Response

Canada International Trade (Jul. 2024)

The improvement in the goods trade balance in July was for the wrong reasons, with a fall in imports outpacing a decline in exports. The weakness was due to sharp declines in motor vehicle trade...

4th September 2024 · 2 mins read

Global Economics Update

Green tech and chips will remain key battlegrounds

Several advanced economies have raised tariffs on imports of green technologies and semiconductors from China to address their growing trade deficits in these goods and tackle a perceived strategic...

3rd September 2024 · 5 mins read

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