Eurozone consumer spending was poised to drive growth in 2022, but increasingly consumers' underpinnings have become shaky. While we still expect a...
Eurozone | Markets are at the mercy of war
Posted by Angel Talavera on Mar 18, 2022
The war between Russia and Ukraine continues to dominate headlines and financial markets. The daily news flow coming out of the region is causing...
Europe | Russia's invasion of Ukraine is sending tremors through CEE
Posted by Mateusz Urban on Mar 15, 2022
Russia's invasion of Ukraine is being felt throughout the global economy, but few places are as exposed to its impact as the Central and Eastern...
Eurozone | EU faces tough trade-offs to phase out Russian gas
Posted by Daniel Kral on Mar 11, 2022
Following Russia's attack on Ukraine, the EU Commission has accelerated plans to phaseout Russian gas, with a two-thirds cut this year. To offset the...
Eurozone | There are several dovish caveats to ECB's faster QE tapering
Posted by Oliver Rakau on Mar 11, 2022
Despite the economic headwinds and much increased uncertainty stemming from the Russian invasion of Ukraine the ECB decided to accelerate its QE exit...
Eurozone | Durable goods will turn deflationary only in 2023
Posted by Oliver Rakau on Mar 7, 2022
Up until recently there had been growing signs that the forces that lifted durable goods prices last year had begun weakening or even reversing. But...
Global | A darker economic scenario from Russia’s war
Posted by Innes McFee on Mar 2, 2022
We have modelled a plausible downside scenario in which the fighting in Ukraine lasts well into 2023, the west imposes further sanctions and Russia...
Global | Russia’s invasion will trim real estate returns
Posted by Mark Unsworth on Mar 2, 2022
Our latest baseline forecast incorporates the economic impact of the Russia-Ukraine conflict, which has led us to downgrade our real estate...
Eurozone | A change of fortune across EU industries looms
Posted by Daniel Kral on Mar 1, 2022
Industrial performance across Europe has varied widely in the wake of the pandemic. The main laggards, Germany and France, have shaped the overall...
Russia | CBR’s huge rate hike unlikely to restore financial stability
Posted by Tatiana Orlova on Mar 1, 2022
Following Russia’s invasion of Ukraine, the US and EU announced harsh new sanctions, including banning some Russian banks from SWIFT and freezing the...