Capital Economics Weekly Briefing Capital Economics

In the latest episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing addresses the White House announcement of higher tariffs on Chinese goods and what that signals about the direction of the global economic system. He also reviews the latest US inflation data and explains what to expect from the coming week’s UK CPI release.
Chief Markets Economist John Higgins is also on the show, talking to David Wilder about this month’s recovery in US equities, our no longer out-of-consensus 2024 and 2025 forecasts and what to look for before the market bubble finally bursts. 
And there’s more on those China tariffs, with an exclusive clip from our client briefing about how Europe could respond to Chinese EV imports and whether higher US tariffs will lead to a further reordering of global trade flows.

Group Chief Economist Neil Shearing explains what the latest signals from the Bank of England and that Q1 UK GDP report mean in the latest episode of The Weekly Briefing from Capital Economics. He also previews the coming week’s US inflation data, tells David Wilder why EM monetary easing will need to slow and puts the US current account deficit in context. 
Also on the show, Chief Asia Economist Mark Williams talks to Leah Fahy from our China team about what his analysis of Chinese auto production and exports says about what’s been missing from the growing global row about Chinese industrial overcapacity.
And, in an exclusive clip from our recent client briefing about global inflation, the team talk services inflation and signs of labour market softening on both sides of the Atlantic. 

In the latest episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing unpacks a tumultuous week that ended on a high. April's soft payrolls report may have given the market much-needed evidence that US disinflationary forces are gathering, but will that sway the Fed? And what can investors expect from the Bank of England this coming week?
 
Neil also frames Xi Jinping’s trip to Europe against a backdrop of rising global trade tensions and previews our upcoming ‘Spotlight’ project, which will answer the question of whether US economic and financial market dominance will continue. 
Plus, Abhijit Surya from our ANZ team lays out our case for the Reserve Bank of Australia to raise interest rates at its meeting on Tuesday and, in an exclusive clip from our recent client briefing, our Commodities team discuss Saudi and Russian oil production in the run-up to the US election and why the copper price rally looks overdone.

In the latest episode of The Weekly Briefing, Group Chief Economist Neil Shearing previews the coming week’s Fed meeting, tackles market talk that the next move on the US policy rate could be up, addresses an intriguing report about Fed independence and decries the absence of a grown-up conversation around fiscal commitments. 
Julian Evans-Pritchard, our China Economics head, is also on the show to talk about what he picked up about the true state of the Chinese economy during a visit to Beijing and Shanghai. 
Plus, with all eyes on the dollar, an exclusive clip from our online Drop-In briefing on the risks to emerging market economies from a stronger-for-longer greenback.  

In this latest episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing assesses just how much the global inflation picture has really changed in the wake of that US March CPI print. He talks to David Wilder about which central banks are likely to cut when, previews a busy week of economic data and explains why a strong dollar isn't as much of a problem for the global economy as many think. And, in the wake of retaliatory Israeli strikes on Iran, he explains how investors should tackle macro and market risks amid ongoing conflict in the Middle East. 
Also on the podcast, Deputy Chief Global Economist Simon MacAdam discusses his new report about why excess savings should no longer be considered an issue for DM policymakers and an exclusive clip from our online client briefing about the outlook for financial markets.

Janet Yellen lent official voice to resurgent global worries about the threat of Chinese overcapacity when she pointedly criticised Beijing’s overinvestment and underpowered consumption during her trip there earlier this month. 
 
But are the US Treasury Secretary’s criticisms justified? Will China’s leaders push through the necessary reforms to bring down the savings rate? And how will western governments respond if they don’t? 
 
In the latest episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing talks to Mark Williams, our Chief Asia Economist, all about the politics and economics around the perception that China’s factories are once again flooding global goods markets.