24 August 2019
Euro area real GDP growth has fallen to just 1.1% y/y in Q2 2019, the slowest pace of expansion since 2014 when the Euro area began to recover from the sovereign debt crisis. We raised concerns about...
03 November 2018
In its latest World Economic Outlook, the International Monetary Fund (IMF) downgraded near-term global growth prospects to 3.7% from 3.9% for both 2018 and 2019. While the new projections still...
28 April 2018
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) forecast an acceleration in global growth for 2018 to 3.9% from 3.8% in 2017. The IMF has historically held a bias...
10 September 2014
The Saudi Arabian and the UAE Purchasing Managers Index (PMI) surveys reached historic highs in August at 60.7 and 58.4 respectively. Saudi Arabia’s non-oil private sector gained momentum for the...
09 July 2014
Strong economic leading indicators bode well for GCC We are surprised by the exceptionally strong showing in GCC leading economic indicators (PMIs) and by good US employment data. Positive economic...
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