Economic views

25APR 2019


Central banks of Japan and Canada join the dovish camp

Both the Bank of Japan and Bank of Canada left interest rates on hold, as expected, while tweaks to guidance imply a more accommodative stance.

17APR 2019


China defies the gloom

Chinese industrial production has been stronger than expected, though we see a risk that this could reverse next month.

17APR 2019


Infographic: A view of the world economy in April 2019

In this month's infographic we explore investors' main concerns for 2019 including political risk and a sustained low growth environment.

16APR 2019


Why policy reform is the key to China's demographic challenge

Craig Botham explains why China’s demographic decline may be less of an issue than the medicine required to offset its impact and support strong economic growth

15APR 2019


Cooling Canadian housing market poses little threat to financial stability

After a two-decade boom, Canada’s housing market is now slowing as interest rates rise. We examine the impact on the broader economy.

11APR 2019


Indian elections: does Modi matter?

Craig Botham previews India’s general election, which starts today, and assesses the past five years under Prime Minister Modi.

11APR 2019


Is the UK stuck in Brexit limbo?

Extension to the Brexit deadline reduces the incentives for the UK parliament to compromise.

10APR 2019


The coming squeeze on US profits

We see US profits falling 4% in 2020 as slower growth and higher wage costs hit companies’ profit margins. But we have modelled a range of alternatives - and charted the potential impact.

08APR 2019

Global Market Perspective

Global Market Perspective - Q2 2019

Our latest economic and asset allocation views include a note on the prospects for US corporate earnings.

05APR 2019


Strong non-farm payrolls gets US job market back on track in March

US non-farm payroll gains came roaring back in March, confirming February’s weakness as a blip.