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  • 20 Jun 12 – FOMC is likely to keep its powder dry - Updated Tue June 19, 2012

    Top 3 data/events • Taiwan – CBC is likely to keep rates on hold • Euro area – PMIs to signal recession persisting into Q3-2012 • UK – Diamond Jubilee and weather could have boosted May retail sales • Market focus • The Fed may choose to buy ...

  • 07-May-12 – Greek vote throws doubt on bailout - Updated Sun May 6, 2012

    Top 3 key data/events • Australia – March trade deficit expected to have widened • Brazil – Government announces savings-account system reform • US rates – Weak non-farm payrolls and disappointing employment data • Market focus • France – Socia...

  • United States – Participation and unemployment - Updated Wed May 2, 2012

    • The trend in the participation rate is critical for the unemployment rate • We now expect less downward pressure on the unemployment rate from participation-rate declines • Payroll growth of 150,000 monthly, as we expect, will allow unemploymen...



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In Media

Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.