The US Recovery Tracker rose an impressive 1.5ppts to 99.3 in the week ended October 15, its highest level since February 2020. All six dimensions...
Eurozone weekly economic briefing | GDP surprised on the upside
Posted by Nicola Nobile on Oct 29, 2021
GDP for the eurozone surprised on the upside in Q3 with growth of 2.2% q/q, slightly up from Q2. The surprise came mainly from France and Italy,...
Global | Evergrande matters, but it’s not a ‘Lehman moment’
Posted by Adam Slater on Oct 1, 2021
While the potential collapse of Chinese property firm Evergrande matters, it doesn’t signal a ‘Lehman moment’ that might spark global financial...
EM currencies gain as growth returns, but boom unlikely
Posted by Adam Slater on Apr 6, 2021
Emerging market currencies tend to move with the economic cycle. Consequently, after losing ground in 2020, they have recently shown signs of...
Australia | Capital city lockdowns are not derailing the recovery
Posted by Sean Langcake on Mar 18, 2021
Beginning with the Northern Beaches COVID cluster, most state governments have imposed snap lockdowns in their capital cities since late December. In...
Eurozone | Cancelling the ECB debt does not make economic sense
Posted by Angel Talavera on Mar 16, 2021
Should the ECB cancel the public debt it holds as a direct way to lower debt ratios and free up fiscal resources? Some prominent economists have...
Eurozone | ECB will act to preserve favorable financing conditions
Posted by Oliver Rakau on Mar 11, 2021
The ECB will ramp up its monthly asset purchases under the PEPP over the coming quarter using the QE program’s existing flexibility. The decision...
EM financial conditions should stay favourable in 2021
Posted by Tamara Basic Vasiljev on Mar 10, 2021
Emerging market financial conditions remain very favourable in early 2021 even as inflation fears have grown and government bonds yields have crept...
Eurozone | ECB policy is all about favorable financing conditions
Posted by Oliver Rakau on Jan 21, 2021
The ECB stayed put at its first meeting of 2021. The council saw developments as in line with its baseline expectations, judged the balance of risks...