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Learn moreLatest Analysis
- Apr 16 2021
Oman becomes fourth GCC country to launch VAT
Today, Oman becomes the fourth country in the Gulf Cooperation Council (GCC) to introduce Value-Added Tax (VAT). Our calculations show the 5% tax will yield around 1.5% of non-oil GDP in budget revenu...
- Apr 15 2021
Russia: The long-feared OFZ sanctions still more bark than bite
The US sanctions banning US investors from buying Russian ruble-denominated debt came with an important silver lining for markets – they only ban primary market purchases. So sanctions will have a lar...
- Apr 15 2021
United States: Data reaction suggests Fed jawboning having an impact
There has been a surprising rally in Treasuries today despite the strength in this morning’s economic data releases. We see a few reasons for the counter-intuitive price action, including the effect o...
- Apr 15 2021
United States: Recovery Tracker benefits from a spring break lift
The US Recovery Tracker rose 0.8ppts to 89.1 in the week ended April 2, the sixth straight rise. Another week of broad-based gains across the tracker’s components signals the recovery is pushing throu...
- Apr 15 2021
Latin America: Recovery Tracker showed modest post-Easter rebound
Our Latin America Recovery Tracker (LART) rebounded 2.2pts during the week ending April 9 after five consecutive weeks of declines. Activity recovered after restrictions that had been set ahead of the...
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