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March 20, 2026
Canada January retail sales - Positive start to Q1, but risks ahead
March 20, 2026 12:46 PM UTC
January Canadian retail sales with a 1.1% increase have fallen short of the provisional 1.5% estimate made with December’s report. Sales rose by 0.8% ex autos, 0.9% ex autos and gasoline and 1.0% overall in real terms. The preliminary estimate for February is for a 0.9% increase.
March 19, 2026
BoE Review: A Fragile MPC Truce?
March 19, 2026 12:59 PM UTC
Very clearly, the BoE kept rates on hold with no dissents as it understandably waits for more information about the length, breadth and repercussions of the Iran war. The individual MPC member statements (as expected) showed diverging views as to the extent and reaction of what are now unfolding r
March 18, 2026
Bank of Canada - Uncertainty Heightened Further but a Dovish Leaning
March 18, 2026 3:17 PM UTC
The Bank of Canada left rates at 2.25% as expected, but with uncertainty heightened still further removed from its statement a reference to the current policy being appropriate provided the economy evolves as expected. Uncertainty on policy has increased too. However, the BoC has taken a more dovish
March 17, 2026
UK CPI Preview (Mar 25): The Calm Before the Storm?
March 17, 2026 8:53 AM UTC
Although most aspects of the January CPI came in a notch above BoE thinking, there was still a clear fall even in the core rate. Indeed, the headline CPI rate fell from December’s 3.4% to 3.0% (a 10-mth low) and we see it staying there is February’s numbers - as do BoE projections. Services
March 16, 2026
China: Modest Bounce at Start of 2026, But
March 16, 2026 8:49 AM UTC
· Though the January-February data was better than expected, we expect high oil prices and an adverse effect from the Iran war to hurt China’s export growth. We still feel that the economy remains too dependent on high tech manufacturing and modest consumption will act as a drag on