Global data show reduced downside surprises despite Chinese weakness

At minus 8, Econoday’s Relative Economic Performance Index (RPI) continues to show recent global economic activity lagging market expectations, but not by much. China in particular remains a significant drag, but Eurozone readings have improved [...]

By Jeremy Hawkins|2024-10-04T06:36:23-07:00October 4, 2024|

Global RPI: Downside bias to data surprises favours more interest rate cuts

Closing the week at minus 22, Econoday’s Relative Economic Performance Index (RPI) shows global economic activity continuing to fall somewhat short of market expectations. This is particularly true of China, where policy was eased significantly [...]

By Jeremy Hawkins|2024-09-27T10:58:42-07:00September 27, 2024|