Top Economic Reports
May 16, 2013
By Global Economic Team|
Sunday Start: What Next in the Global Economy (MAY 05, 2013): Wow - yet another amazing week in the markets with the S&P, the Dow, and the Dax making new all-time highs on Friday following the better-than-expected US labour market report, a Fed statement indicating the possibility of more QE, and more dovish talk from Mario Draghi suggesting that the ECB probably isn't done easing yet even after Thursday's refi rate cut. Joachim W Fels
Economics and Strategy: Slovenia: Not Joining the Club: While the cost of supporting the banks may be higher than the government has envisaged, we do not expect Slovenia to join the club of the bailout countries in the near term. The announced bond issuance provides a window to implement the reform agenda. Still, with implementation risks looming, risk/reward is unattractive, in our view. Pasquale M Diana
China Economics: Reading the policy tea leaves (4-13): A Curtain-raiser for Reform Measures This Year: The State Council announced plans for deepening economic reforms in multiple areas on May 6. The government vowed to promote reforms to foster the "upgraded version of the Chinese economy" on an executive meeting held by Premier Li Keqiang. Helen Qiao
Mexico & Colombia: Manufacturing Moment or Clouds? - Week Ahead in Latin America: The coming US manufacturing renaissance is far from settled, our Alphawise team concludes. But we would argue one thing is clear: if any economy benefits from a US manufacturing renaissance, it is likely to be Mexico. And few reforms would help Mexico more than anmbitious energy reform to help reduce input costs further. Luis Arcentales and Nikolaj Lippmann.