International
Services PMIs imply that Omicron is hitting trade
The services PMI dipped in December in the euro-area and India on weaker trade but cost rises are stabilising
InternationalIndustry will be fairly resilient to Omicron upheaval
The PMIs show that export-oriented manufacturing is softening slightly and, more positively, that costs are plateauing
InternationalInternational satellite safety disputes will increase
China has complained that two SpaceX satellites nearly collided with its space station
InternationalEnergy transition demand will elevate aluminium prices
The green energy transition is increasing demand for aluminium and also creating a power crunch that is limiting supply
InternationalChina's economy will struggle to halt secular slowdown
The experiences of Japan and South Korea suggest that China’s GDP growth will slow for another decade
InternationalGraphite market imbalance will grow in the 2020s
Imbalance in the graphite market will intensify as the battery sector dominates market growth
InternationalLess severe Omicron could still push health systems
A South African study suggests that the new COVID-19 variant, Omicron, causes fewer hospitalisations and deaths
InternationalA revival of money velocity would pressure the US Fed
The velocity of money ratio, nominal GDP to M1 or M2, has fallen sharply over recent years but could start rising again
United States
