The last mile - November EM/DM Leading Indicator Watch
- Australia: soft-landing playing out
- Japan: JPY breadth confirms depreciation in contrast to late 2022
- UK: disinflation becomes consensus, waiting for the next divergence
- Norway: inflation breadth still elevated
- Mexico: political risk unlikely to derail longer-term outlook
- Brazil: slight shift in BCB tone, but cuts still base case
- India: elections due Q2 2024
- South Korea: inflation risks amidst equity intervention
Leading Indicator WatchAustraliaJapanUKNorwayMexicoBrazilIndiaSouth Korea
