- In one line: A modest rebound, but the outlook has deteriorated.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A bold 50bp hike to bring inflation expectations in check.
Andrés Abadía (Chief LatAm Economist)Global
- US - The Fed would have to react to Trump’s trade tariffs this time
- EUROZONE - A Trump win would push EURUSD down, and yields up, on the day
- UK - Ms. Reeves torches Governor Bailey’s plans for rapid rate cuts
- CHINA+ - China’s PMIs point to stimulus gradually gaining purchase
- EM ASIA - The soft patch in ASEAN manufacturing continues
- LATAM - Mexico’s economy thriving in Q3, but outlook depends on US election
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Little to suggest the rut in industry is ending, despite increase.
Melanie Debono (Senior Eurozone Economist)Global
In one line: Downside surprise, SNB will have to ease more than we previously thought.
Melanie Debono (Senior Eurozone Economist)Global
In one line: A big blow to hopes of a 50bp cut in December.
Claus Vistesen (Chief Eurozone Economist)Global
- In one line: Resilient, but the near-term outlook remains difficult.
Andrés Abadía (Chief LatAm Economist)Global
- US - Slow growth in October jobs will be more than a Boeing and Milton story
- EUROZONE - Mr. Trump’s 10% tariff would barely make a dent in EZ GDP
- UK - The Budget is worth 25-to-50bp on Bank Rate
- CHINA+ - Japan’s election result makes BoJ rate path more uncertain
- EM ASIA - Manufacturing single-handedly drives Singapore’s scorching Q3
- LATAM - Bad start to Q3 for inflation in Brazil and Mexico, but it should improve
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Barely budging fuelling market expectations for faster ECB rate cuts.
Melanie Debono (Senior Eurozone Economist)Global
In one line: Down, in line with our call that French GDP will slow again in Q4 after an Olympics boost in Q3.
Melanie Debono (Senior Eurozone Economist)Global
- In one line: Under pressure, as agriculture and industrial production weaken.
Andrés Abadía (Chief LatAm Economist)Global
- US - Households’ liquid assets can’t alone sustain rapid spending growth
- EUROZONE - ECB doves won this month, but easing will be gradual from here
- UK - Budget will be stimulatory, despite large tax increases
- CHINA+ - China still likely to approve further targeted fiscal support
- EM ASIA - BoT’s long overdue cut is here; a December move is touch-and-go
- LATAM - Brazil faces slowdown amid inflation, drought and capex challenges
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Growth indicators are rising in importance for policymakers.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: The first big win for ECB doves in a long time.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: The trump card ECB doves need for a third rate cut today.
Claus Vistesen (Chief Eurozone Economist)Global
- In one line: Expect easing to resume in November.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: The overdue turn we’ve been waiting for; expect another follow-up cut in December.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: Many more cuts to come, and potentially larger ones from December.
Miguel Chanco (Chief EM Asia Economist)Global
