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In a surprise move, the Monetary Authority of Singapore today tightened monetary policy by slightly raising the slope of the Singapore Dollar...
Private bank credit contracted 2.7% in 2020 in Indonesia and continued to decline on a year-on-year basis through most of H1 this year. The credit...
Recent political shifts have increased the odds of Germany loosening its tight national fiscal rules after the September elections, which could be...
We remain bullish on the outlook for the Canadian economy over the next two years despite a surprising contraction in Q2. However, increased Delta...
Profitability has staged an impressive recovery, but the rise in Q1 operating margins to a 12-year high materially overstates corporate health....
The race to succeed long-term Chancellor Merkel and lead Europe’s largest economy is wide open. But we think Germany will continue its reactive,...
Due to ongoing pandemic-related spending needs, we now expect Indonesia’s fiscal deficit will narrow to 3% of GDP only by 2024, a year later than...
The public sector wage bill is one of South Africa’s largest line items on the expenditure side, accounting for roughly one-third of total...
Our baseline forecast sees a strong rebound in eurozone economic activity as vaccinations bring the pandemic under control, but this shouldn’t...
The Canada Recovery Tracker (CRT) rose 1.4ppts to 87.4 in the week ended May 7 and is once again heading in the right direction. The health index...
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