01MAR 2017


Focus turns to the Fed after few policy clues from Trump

Trump’s address to Congress was light on detail but his job creation plans pose inflationary risk, and Fed officials are already taking a more hawkish tone.


28FEB 2017


India shrugs off demonetisation concerns with GDP surprise

Although it is good news that latest GDP data has surpassed expectations, it might imply that the demonetisation policy has been a failure.

28FEB 2017


How exposed is the Japanese economy to possible US trade protectionism?

Japan may appear less exposed than some other countries to US trade risks but it would still be affected by anti-globalisation measures.

27FEB 2017

Economic & Strategy Viewpoint

March 2017

This month our economists focus on the inflationary headwind to the global recovery, become cautiously more optimistic on Europe, and explain their more positive view on emerging markets.

23FEB 2017


What next for inflation?

We explain why inflation is on the rise and look at the situation in the US, UK, Europe and China

17FEB 2017


The story of the global economy in February 2017

In this month's economic infographic we illustrate the threat to global growth posed by rising inflation and Trump's "America first" policies, as well as political risk in Europe.

08FEB 2017


India hits pause on easing cycle

The Indian central bank’s decision to hold rates at 6.25% confounded market expectations of a cut, but was in line with our view following what seems like only a limited impact of demonetisation on growth.

03FEB 2017


US payrolls top forecasts but wage growth disappoints

We expect the Federal Reserve to refrain from raising rates until June as wage growth remains subdued.


31JAN 2017


Eurozone data show continued improvement

Growth, inflation and unemployment all heading in the right direction.