Growth alert

Financial markets have remained in much calmer waters in recent weeks following the bout of volatility that earmarked the first week of August. That’s partly thanks to the release of some reassuring inflation data together with some dovish signals from several central banks. However, concerns about the global growth outlook persist. In our charts this week we focus on:

·         Copper prices and global growth surprises

·         Oil prices and US yields

·         China’s property market

·         Japan’s carry trade

·         UK rental price inflation

·         Demographic change