Pantheon Macroeconomics

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Pantheon Publications

Below is a list of our Publications for the last 5 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.

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Global

Global Datanote: Industrial Production, India, August

  • In one line: A consumer-led dip, but durables growth is probably bottoming-out.

Global Datanote: 20-Day Exports, Korea, September 2025

In one line: Korea’s September WDA exports plunge, led by US and China.

Global Datanote: BoJ Decision, Japan, September 2025

In one line: BoJ stays put on rates in September, starts ETFs and J-REITs offloading plan

Global Datanote: LPR, China, September 2025

In one line: China’s commercial banks keep LPR steady in September; PBoC wary of a buoyant equity market

Global Datanote: Flash Manufacturing PMI, Japan, September

In one line: Manufacturing sector gloom amid tariff weight and political risks

24 September 2025 Global Monitor Lifting our EURUSD forecasts

  • US - FOMC likely to ease a further 50bp this year, but expect close votes
  • EUROZONE - We’re lifting our EURUSD forecast, but not enough for a rate cut
  • UK - Week in review: Sticky inflation and questionable slack
  • CHINA+ - Xi-Trump call: Trust rebuilding, finer TikTok details still being ironed out
  • EM ASIA - Three consecutive surprises from BI and we expect another in October
  • LATAM - Copom holds Selic but normalisation path emerging; Argentina in trouble

Global Datanote: Flash PMIs, Germany, September 2025

In one line: That’s more like it, but upturn in manufacturing is on borrowed time.

17 September 2025 Global Monitor Risks of recession in Brazil now tangible

  • US - FOMC too nervous about inflation to endorse the market curve
  • EUROZONE - Closer to an estimate for the Q1 2026 fall in German energy prices
  • UK - CPI preview: nudging up to 3.9% in August as food prices jump
  • CHINA+ - China’s ailing domestic demand likely to prompt targeted support
  • EM ASIA - EM Asia laggards won’t chip away at the Asian Tigers’ chip dominance
  • LATAM - Brazil economy weakens as tight policy and tariffs weigh heavily

Global Datanote: CPI, India, August

  • In one line: Expect this to be a temporary headline bounce.

Global Datanote: Exports, China, August, 2025

In one line: China exports slow on low-tech weakness; US, Africa and LatAM slump offsets ASEAN strength

Global Datanote: Flash Mfg PMI, Japan, August, 2025

In one line: Japan’s flash manufacturing PMI nears 50, boosted largely by domestic demand.

Global Datanote: Exports, Japan, July, 2025

In one line: Japan’s export show strain from tariffs, with cars and steel leading declines.

Global Datanote: 20-Day Exports, Korea, August, 2025

In one line: Korea’s 20-day exports rebound in August, monthly momentum firms despite fading US front-loading.

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Keywords for: Publications

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence