SCB Economic Update
UK rate cuts could spark another housing boom
- Recent UK data has clouded the outlook for the economy and has led many analysts to call for an early interest rate cut. We disagree. Gavin Redknap, Standard Chartered's UK economist, sets out our reasons, not least that further cuts could spark off another housing boom.
- Sunday, July 03 - 2005 at 11:10 |
Perspective on South Korea
- We examine South Korea's position in the world economy to mark Standard Chartered's acquisition of Korea First Bank. This was the single largest ever foreign direct investment into the financial services industry in South Korea.
- Wednesday, June 29 - 2005 at 12:36 |
Reviewing the Indian rupee's performance
- After a strong performance in H2 2004 the INR's appreciation has slowed. Prospects of a CNY revaluation and capital inflows remain near term positives. But record trade deficits are likely to set the course for a gradual depreciation later in the year. We set out our USD/INR forecasts and rationale.
- Wednesday, June 15 - 2005 at 19:28 |
Morocco's dirham: pressure building for change
- The IMF recently recommended that Morocco move to a more flexible exchange regime. While reforms may not occur immediately, Standard Chartered's Africa economist, Abah Ofon, explains that the dirham is likely to be liberalised over the medium term.
- Wednesday, June 15 - 2005 at 19:02
Inflation puts the dollar pegs in focus
- SAMA's decision to hike interest rates by more than the US Fed in April highlights concerns about excess liquidity. After a decade of anchored prices, inflation is now a big macro challenge for the Gulf, something that could have implications for the currency pegs to the US dollar
- Sunday, April 17 - 2005 at 11:13 |
UAE: Wage Hike to Boost Consumption Further
- Government employees were awarded an above inflation increase in salaries last week. While the rise is clearly good news for living standards and private consumption, the impact on inflation is likely to be less positive. We examine the implications for the UAE economy.
- Sunday, April 10 - 2005 at 10:25 |
Opec changes strategy
- How high can oil go? WTI oil topped USD57 a barrel in March and many analysts have spoken about prices reaching USD100 per barrel or higher. We look at the fundamentals driving the current market and the implications of OPEC's recent change in strategy.
- Thursday, March 31 - 2005 at 08:28 |
The US dollar: risk and reward
- Standard Chartered's FX Strategy team discusses the current drivers of the dollar and FX markets and asks whether it will be a case of what goes up must come down in 2005?
- Monday, March 07 - 2005 at 10:48 |
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