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Learn moreLatest Analysis
- Jan 14 2021
Eurozone: ECB Watch – extended lockdowns test ECB’s outlook
Lockdown extensions in several eurozone countries weigh on growth prospects for Q1. But at this stage the increased risks to the ECB’s outlook are not large enough to warrant a response given the loos...
- Jan 14 2021
United States: Tapering talk invites comparison with 2012/2013 cycle
Fed officials individually have started to provide some specific forward guidance regarding the tapering of QE asset purchases. Atlanta Fed President Bostic has suggested it could begin as early as la...
- Jan 13 2021
Canada: Recovery Tracker ends 2020 with another tumble
The Canada Recovery Tracker (CRT) slid 1.3ppts to 73.1 in the week ended Dec. 25. Five of seven subcomponents declined, led by mobility and health. Overall, the CRT contracted 5.3ppts in December, the...
- Jan 13 2021
United States: US Executive Briefing – January 2021
While near-term Covid risks are tilted to the downside, gradual vaccine diffusion, increased fiscal stimulus and warmer weather should ensure stronger economic activity and employment from early spr...
- Jan 13 2021
Asia Pacific: Convergence will continue to bolster APAC currencies
We expect most Asian currencies to gain against the US$ in 2021 and be supported by solid current account prospects in coming years. Longer-term, we expect continued catch-up-driven real exchange rate...
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