Latest News

Today - 9 May 2008

Egypt:Surging food and fuel prices lift annual inflation to 16.4% in April, triggering social unrest; further monetary tightening expected
Mexico:Q1 growth probably around 3% but prospects for Q2 more uncertain as inflation climbs to 4.5% and oil reforms are delayed
Slovakia:Eurozone criteria all met so euro adoption set for January 2009 despite recent pick-up in inflation
Eurozone Weekly:Signs of a slowdown increasing but interest rates to remain on hold
UK Weekly Brief:Interest rates left at 5% as growth holds up in Q1

Over the last week....

8 May 2008

Brazil:Industrial production growth of 6.3% in Q1 and investment-grade status confirm healthy growth prospects, but monetary tightening under way
Turkey:Shift in central bank inflation expectations indicates that monetary policy will be tighter than previously forecast, dampening growth prospects

7 May 2008

Hungary:Political uncertainty, slow growth and rising inflation lead to widening sovereign spreads
Luxembourg:Growth stays above EU average as financial services avoid worst of global banking problems; but inflation up to 3.5%
Pakistan:Divisions within ruling coalition add to doubts about economic prospects, undermining investor confidence and PKR
Saudi ArabiaLatest Industrial Forecasts Saudi Arabia

6 May 2008

Iceland:Stagnation this year to be followed by weak 2009 as ISK slide adds to debt service problems as well as surging inflation
Netherlands:Economy expected to slow in 2008 but consumption growth strong helped by healthy labour market
Emerging Markets Weekly:Many emergers still tightening monetary policy (or about to) as inflation concerns pre-dominate

5 May 2008

US Weekly Brief:The Fed takes a new stance