RaboResearch - Economisch Onderzoek

Economisch commentaar

Tapering, a game-changer? (Engelstalig)

The start of tapering in January 2014 is not expected to significantly change our global economic outlook. Nevertheless, it might have negative consequences for the bond markets of vulnerable countries, both in the emerging world and the eurozone.

Conjunctuurbeeld

Russia: Economic slowdown continues (Engelstalig)

Russia’s economic activity has continued to slow in 13Q3 and we expect growth in 2013 as a whole to be around 1.5%. The economic slowdown is starting to adversely impact public finances. The central bank has left rates on hold for now, despite falling inflation.

Conjunctuurbeeld

Brazil: Economy contracts in third quarter 2013 (Engelstalig)

The third quarter was disappointing for Brazil, as GDP contracted for the first time since 2009 on a quarterly basis. Growth in the coming quarters is likely to be somewhat stronger, but leading indicators suggest that momentum remains rather weak.