Global Macroeconomics Team
Team
The Economic Monitoring Team is responsible for the Prospects Daily and the Prospects Weekly. The Prospects Daily is compiled each weekday morning to provide an update of the latest developments in world markets, focusing on growth, trade and prices, interest rate policy, as well as commodity markets, and ascertaining the implications for developing countries.
The Prospects Weekly aims to provide a review and brief analysis of developments in global markets over the previous weekly period, highlighting emerging trends in high-income and developing countries. Typically the Prospects Weekly will be posted each Friday.
Both publications include contributions from the following individuals:
- John Baffes
- Derek Chen
- Damir Cosic
- Raju Huidrom
- Gerard Kambou
- Tehmina Khan
- EJ Kim
- Mizuho Kida
- Franziska Ohnsorge
- Marc Stocker
- Ekaterine Vashakmadze
Blogging on: Prospects for Development
- Prospects Weekly: Industrial output in developing countries continued to strengthen, External funding requirements exceed foreign currency reserves, Remittance flows to developing countries were estimated at $404 billion in 2013
- Prospects Daily: U.S. government bonds fall this week, Japan tertiary industry index plunges in February, India’s bank loan growth eases in March
- Prospects Daily: Ukrainian currency extends rally, U.K. unemployment falls below 7% threshold and at 5-year low, China’s GDP growth slows in 2014Q1
- Prospects Daily: Developing-country stocks slid most in month on China concerns, Ukraine crisis continues to dampen German investor confidence, India’s wholesale price inflation accelerates in March
- Prospects Weekly: Bond spreads declined in recent weeks across emerging and frontier markets to their lowest levels since May-2013, highlighting a renewed appetite for higher yielding assets.
- Prospects Daily: Renewed tension in Ukraine weighs on developing-country equities, Eurozone industrial production shows uptick in growth, Bulgaria’s consumer price inflation falls for eighth consecutive month
- Prospects Daily: World stocks fall to a two-week low, U.S. consumer sentiment improves more than expected in April, China’s consumer price inflation rises in March but producer prices continue to fall
- Prospects Daily: Greece returns to international capital markets, U.S. jobless claims down to nearly 7-year low, China’s exports contract for second consecutive month in March
- Prospects Daily: Russia’s first-quarter capital outflows highest since end of 2008, U.K. visible trade deficit narrows on lower imports, Inflation accelerates in Brazil and Ghana but eases in Mexico
- Prospects Weekly: The robust recovery in gross capital flows that began in the second half of 2013 resumed in March, Global business sentiment improved in March despite concerns around Ukraine, Import demand is strengthening across developing regions
- Prospects Daily: Developing-country stocks climb to 4-month high, IMF sees U.S. driving global growth amid weakness in Brazil and Russia, Indonesia’s central bank leaves key interest rates unchanged
- Prospects Daily: Global stocks started the week on a weak note, Germany's industrial production increased 0.4% (m/m) in February, Mozambique’s annual headline inflation accelerated in March, rising to 3.0% up from 2.4% (y/y) in February
- Prospects Daily: U.S. Treasuries rise after lower-than-expected March jobs gain, U.S. jobless rate steady at 6.7% while Canada’s falls to 6.9%, Fitch maintains China’s sovereign rating at ‘A+’
- Prospects Daily: Turkish lira surges to near three-month high against U.S. dollar, Eurozone annual inflation slows to a 52-month low, Turkey’s annual GDP growth in 2013Q4 beats expectations
- Prospects Daily: Ukraine reaches a deal with the IMF, U.S. GDP grew 2.6% in Q4, Philippines’ central bank keeps policy rate unchanged, raises reserve requirement
- Prospects Daily: U.S. short-term yield rises to highest since 2011, Eurozone leading index rises marginally in February, Nigeria leaves interest rate unchanged at 12%
- Prospects Daily: Indian rupee at a seven-month high, U.K. inflation at a four-year low, China’s leading economic index rises in February
- Prospects Weekly: Internationally-traded food prices rallied on weather, Inflation has risen in a majority of developing countries, Foreign direct investment (FDI) has helped stabilize overall capital flows
- Prospects Daily: Developing-country equities rise with India’s stocks rising to record high, U.S. manufacturing and Euro Area economy continue to signal expansion, China’s manufacturing PMI falls to an eight-month low
- Prospects Daily: Developing-country shares rebound led by China,l Putin signs laws annexing Crimea, Malaysia’s inflation at 32-month high
- Prospects Daily: Developing-country shares extend gains on easing concerns over Ukraine, Fed tapers again and drops unemployment target, Colombia’s GDP grows 4.3% in 2013, beating market expectations
- Prospects Daily: Developing-country shares turn weaker, U.K. raises growth forecasts, South Africa’s inflation rises for third consecutive month
- Prospects Weekly: Industrial output growth in developing countries has weakened, Retail sales growth across developing countries remains mixed, Developing country borrowing costs have eased slightly
- Prospects Daily: Developing-country shares extend gains on easing concerns over Ukraine, German ZEW investor confidence lowest since August, Turkey leaves key policy rates unchanged
- Prospects Daily: China growth concern hits global stocks, South Korean unemployment rate at 3-Year high, Thailand’s central bank cuts policy rate to 2%
Blogging on: Prospects for Development