- In one line: Cooling inflation meets new headwinds.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Core pressures lingering, but disinflation resumes.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Inflation falls again; BCCh likely to cut rates.
Andrés Abadía (Chief LatAm Economist)Global
- US - Markets drew the wrong conclusions from June’s labor market data
- EUROZONE - No changes to our forecasts yet, despite delay to US tariff-rate hikes
- UK - Between a rock and a hard place sits fudging the fiscal rules
- CHINA+ - Japan’s wages hit by plunging bonuses, as trade war bites
- EM ASIA - Vietnamese growth to come off the boil in H2 if GDP data turn realistic
- LATAM - Brazil’s manufacturing slumps, but mining shows resilience
ian shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Back above zero, but unlikely to stay there for long.
Melanie Debono (Senior Eurozone Economist)Global
In one line: Supply-side disruptions giving way to weak demand
Oliver Allen (Senior US Economist)Global
- In one line: Growth holding up, but momentum set to slow in H2.
Andrés Abadía (Chief LatAm Economist)Global
In one line: June’s increase will more than reverse in July.
Melanie Debono (Senior Eurozone Economist)Global
In one line: Pointing to downside risks for GDP in Q2.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: Expect a further rise in food inflation in the July report.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Export growth probably will buckle again in Q3.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Post-export-front-loading clouds continue to darken.
Miguel Chanco (Chief EM Asia Economist)Global
In one line: Caixin PMI concurs with official index in showing manufacturing activity rebound
Duncan WrigleyGlobal
- US - Expect soft June payrolls, and yet another set of downward revisions
- EUROZONE - June’s EZ inflation rise will more than reverse in July and August
- UK - Payroll data have gone haywire; job growth is likely improving
- CHINA+ - BoJ to sit tight as stagflation risk rears its ugly head
- EM ASIA - Hoping we’re not jinxing it…we rescind our call for SBV cuts in 2025
- LATAM - Banxico signals slower data-driven easing, as inflation risks persist
ian shepherdson (Chief Economist, Chairman and Founder)Global
- In one line: Consumer-facing industries are buckling.
Miguel Chanco (Chief EM Asia Economist)Global
In one line: Manufacturing activity index rises thanks to eased tariff tensions and domestic policy support
Duncan WrigleyGlobal
- In one line: Banxico cuts again, but rising inflation and a split Board signal a slower, more cautious easing cycle ahead.
Andrés Abadía (Chief LatAm Economist)Global
In one line: Tokyo inflation cools, thanks to restart of energy subsidies
Duncan WrigleyGlobal
