Nordic & Swiss Economics Update Switzerland waves Auf Wiederloge to a new EU Treaty While the breakdown in Treaty talks between Switzerland and the EU makes the outlook for Swiss exporters more uncertain, we doubt that the lasting economic impact will be very big. 27th May 2021 · 3 mins read
Emerging Markets Trade Monitor A closer look at the EM export boom EM exports are set to hit a new high in Q2, which will help to support economic growth, particularly in East Asia where virus cases are hitting domestic economies. While EM exports are likely to come... 27th May 2021 · 2 mins read
Australia & New Zealand Economics Update Dependence on Australian iron ore set to decline In the short-run, China has no choice but to grit its teeth and keep buying Australian iron ore, even as bilateral ties continue to fray. But this dependence will diminish over time thanks to... 26th May 2021 · 6 mins read
Global Trade Monitor Higher costs and delays are not damaging demand The further rise in real trade in March suggests that external demand continued to recover, even as capacity constraints related to shipping were intensifying. And while shipping costs have risen and... 26th May 2021 · 4 mins read
Emerging Markets Economics Update EMs: a helping hand from migrants Remittances into EMs were surprisingly resilient last year and should continue to hold up over the coming quarters. The outlook is strongest in Mexico and parts of South East Asia, due to the recovery... 25th May 2021 · 3 mins read
Asia Economics Weekly Exports continuing to boom as Asia shuts down Asian exports reached another record high last month. Strong demand for electronics, especially semiconductors, has been the key factor driving demand higher. But exports of other items, including... 21st May 2021 · 7 mins read
Asia Economics Update Taiwan: capacity constraints and global chip supply Taiwan’s economy is being buffeted by several apparently unconnected shocks – a drought, power outages and an outbreak of COVID-19. But they are all linked to severe capacity shortages resulting from... 21st May 2021 · 3 mins read
Asia Data Response Korea Trade (1st – 20th May) Korean export values are likely to surge to an all-time high this month. A buoyant external sector looks set to prop up GDP again this quarter. 21st May 2021 · 3 mins read
India Chart Pack Over the worst? New virus cases in India remain extremely high, but some solace can be taken from the fact that they have dropped rapidly over the past couple of weeks back to their level in mid-April. The share of... 20th May 2021 · 9 mins read
Japan Data Response Japan Trade (Apr. 2021) & Machinery Orders (Mar.) While export volumes edged higher in April, the rebound in exports is slowing and external demand is unlikely to provide much of a tailwind to growth over the coming months. Meanwhile, the muted rise... 20th May 2021 · 2 mins read
Global Economics Chart Pack Near-term inflation pressures mount Near-term inflationary pressures appear to be building. Some of this reflects factors that are likely to be only temporary, such as the “reopening inflation” associated with the easing of virus... 17th May 2021 · 15 mins read
India Economics Update Trade shows resilience amid virus restrictions Goods trade data for April add to evidence from elsewhere that that the new round of virus restrictions has not been as economically disruptive as the national lockdown last year. 17th May 2021 · 2 mins read
Commodities Update China’s commodity imports are on the way down China’s commodity imports fell back in April compared with a month earlier. This chimes with our view that imports of industrial commodities into China will come off the boil as economic growth there... 7th May 2021 · 2 mins read
China Data Response China Trade (Apr.) Headline trade growth picked up last month thanks to favourable base effects. But in seasonally-adjusted terms, exports continued to level off and the rebound in imports stalled. This partly reflects... 7th May 2021 · 3 mins read
China Economics Weekly Tourism recovering, Phase One deal remains a dud Domestic tourists made a record number of trips over the recent Labour Day holiday. But in a sign that consumers are still holding back, daily tourism spending was still a fifth below pre-pandemic... 7th May 2021 · 6 mins read
Asia Data Response Korea Trade (Apr.) Korean export values were well above pre-pandemic levels in April, and with semiconductor demand set to remain elevated, at least in the short term, exports are likely to stay strong. 3rd May 2021 · 2 mins read
