Economics Weekly
A quarterly snapshot of the global economy
This publication has two objectives. First, to bring our clients up to speed on some of the most important developments of the last quarter. And second, to provide an update of the toolkit we use for monitoring and anticipating changes in the global economy.
Five things to know about the global economy in Q1
This quarter, we highlight the pushing back of interest rate cuts; the signs of a rebound in global manufacturing; the reversal of growth and inflation surprises in the US; the continued deterioration in Chinese housing; and significant pay hikes in Japan.
Highlights from our economic toolkit
Our global nowcast has edged up, and our set of leading indicators suggests scope for that to continue. Recession probabilities still look elevated in the US and eurozone, but lower than a few months ago.
