Commodity Outlook – Is it Safe to Get Back in the Water?
Chart 1: Slowdown in China Unsurprising Given Historic Examples and Stage of Development
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Russia: Russia’s Economy to Return to Growth in 2017 Provided No Further Shocks
Figure 1: Economy Shows First Signs of Stabilization Industrial Production, Retail Sales, Real GDP, % y-o-y
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Global Outlook – Cautious Optimism Warranted
Figure 1: PMI and Eurozone Economic Sentiment
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Asia – Changing of the Guard From China to India
Macroeconomic performance across the Asian region continues to evolve, upending some long-held preconceptions in the process. The most dramatic shift has been the introduction of India’s revised national accounts, which…
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Tumbling Commodity Prices – No Indication of a Recession
Chart 1: Oil Supply Rises Strongly Outpaces Demand (Global production and demand for crude oil, seasonally adjusted, in million barrels a day)
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Hong Kong Currency Peg Will Remain Intact Despite Growth Concern
Chart 1: Retail Sales Tracks Hong Kong Growth
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Margaret Thatcher’s Economic Legacy
Following the death of Margaret Thatcher on April 8 2013, Britain’s first female prime minister and the longest serving in over 150 years, we take a look at her legacy…
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Portugal (2013): Caught Between Court and Troika
Chart 1: Portugal's Reform Policy is Taking Effect
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Challenges Confronting the Bank of Japan’s Attempted Reflation (2013)
Chart 1: Japanese Break-even Rates: Markets Not Yet Pricing In 2% CPI
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India (2013): Pragmatic Budget, Tough to Meet
The federal budget FY13/14 tabled on February 28, 2013 was pragmatic and balanced, though meeting the targets will depend on recovery in growth, conducive external markets and a political will…
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