- US - Q2’s rapid growth is unsustainable; expect a slowdown ahead
- EUROZONE - Solid Q2 GDP headline in the EZ, but the details are on the soft side
- UK - MPC preview: Almost ready to cut interest rates, cautiously
- CHINA+ - BoJ likely to move cautiously, mindful of fragile growth
- EM ASIA - Should we start to worry even more about inflation in India?
- LATAM - Trade balances improve in LatAm amid weaker currencies
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
In one line: Hanging on for dear life, but also likely underestimating the pace of growth.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: PMI lower by weakness in manufacturing; services and consumer sentiment are looking much better.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: Poor, but GDP growth is stronger than implied by the headlines.
Claus Vistesen (Chief Eurozone Economist)Global
- US - It’s much too early to make election-driven changes to macro forecasts
- EUROZONE - The ECB is less sure about a September rate cut than markets
- UK - Services inflation too strong for the MPC to cut rates in August
- CHINA+ - PBoC swings into action with early rate cuts to support growth
- EM ASIA - Malaysian 2024 GDP growth likely to beat government’s forecast
- LATAM - Mexico, Colombia: mixed inflation signals amid rate cut prospects
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
In one line: "September is wide open”, apparently.
Claus Vistesen (Chief Eurozone Economist)Global
In one line: No signal of a cut in September; we look for such a signal at the press conference.
Claus Vistesen (Chief Eurozone Economist)Global
- In one line: Another month, another hold; we still see cuts in Q4.
Miguel Chanco (Chief EM Asia Economist)Global
- US - The June core PCE deflator likely rose by just 0.15%, below the Fed’s forecast
- EUROZONE - Will the ECB signal a September rate cut this week? We think so
- UK - Huge Labour majority will usher in modestly better growth
CHINA+ - China hits a soft patch in Q2, as domestic demand dwindles
- EM ASIA - Manufacturing recovery likely still on the cards in Singapore
- LATAM - Mexico, Colombia: mixed inflation signals amid rate cut prospects
Ian Shepherdson (Chief Economist, Chairman and Founder)Global
