NBK KSA provides you with timely economic research and analysis on local, regional and international markets, keeping you better informed and up-to-date on the latest trends and developments.
ECONOMIC REPORTS




Sovereign bond yields fluctuate in 4Q22 on shifting inflation and interest rate outlook






Gulf economies to fare relatively well in 2023 as global growth slows






Sovereign bond yields rise sharply amid persistent inflation and outsized rate hikes



Robust non-oil growth in 2023 despite the headwinds


Global equities rout accelerates in 3Q22 as rate hike and stagflation fears intensify








Sovereign bond yields waver amid shifting inflation and monetary policy outlook











High oil prices help Gulf region ride out global economic headwinds






Solid growth momentum to be sustained









Inflation and imminent monetary policy normalization push sovereign yields higher





Global stocks end year on a high note as strong earnings outweigh Omicron and inflation fears





Saudi Arabia: Reaping the benefits of reforms and effective policymaking





Stronger oil market, diminishing pandemic pressures provide tailwind for GCC economic recovery





Global stocks regain traction in October as solid earnings offset inflation and Fed tapering concerns



Global sovereign yields rise on higher inflation and expectations of tighter Fed policy ahead


A quick recovery and a favorable outlook driven by reform momentum











Global equities advance in Q2 amid stronger data, recovery optimism and bullish sentiment



Global sovereign yields trend downwards as Fed signals policy shift, transitory inflation











Global equities continue to advance on stimulus, central bank dovishness and recovery optimism



US treasury yields touch 15-month high as stimulus and vaccines lend support to outlook




Recovery underway, but region faces extensive post-pandemic reform agenda




Resilient in 2020; gradual recovery in 2021











Global equities end year on a strong note, aided by stimulus and vaccine optimism










US treasury yields rise in 3Q20 amid improved economic data and stimulus expectations



Pandemic and low oil prices leave the region with tough policy choices




Global equities rally extends into 3Q20 on stimulus, vaccine and recovery hopes







Global yields show signs of stability on improving economic data, recovery optimism





Global equities rallied in 2Q20 on massive central bank stimulus











Saudi Arabia: Promising outlook guided by Vision 2030



Global equities rallied in 4Q19 on Fed support and easing trade tensions









Saudi Arabia: Saudization and the private sector employment challenge


Global bond yields fell in 3Q amid growth concerns; GCC issuance remained solid





Global equity markets moderate amid softer data and ongoing trade tensions





Saudi non-oil growth accelerates in the second quarter of the year








GCC debt issuance at record high in 2Q19, benchmark yields continue to fall




Markets continue to be bullish on hopes of rate cuts, but trade and geopolitics weigh



Uncertain global outlook may weigh on the region



Non-oil activity improving amid record public spending






GCC debt issuance strong in 1Q19, while global benchmark yields slide










Business activity increasing, but credit growth remains subdued; fiscal deficit halves in 2018







Economic growth supported by expansive government investment spending




Economic growth improving amid record government spending








Equity markets rally after US mid-terms; Brent crude falls to $70 weighed by oversupply concerns


Global stocks end dismal October on a high note; crude prices drop as US softens Iran sanctions position


US growth remained buoyant in Q3; ECB to wind down QE program by end-year


US rate outlook, European politics weigh on markets; Gulf economies improve competitiveness rankings


Strong US data triggers bond market sell-off; Brent crude hits near four-year high of $86


Fed hikes rates for eighth time in three years; Brent crude surges past $80 mark


Business activity at 2018-high in August; fiscal deficit narrows on higher oil and non-oil revenues


Stocks rally on relief over trade war measures; Brent crude climbs above $80 as Trump calls for OPEC action


US to proceed with China tariffs; Turkey raises rates to 24%; oil prices firm up on Iran supply concerns


US threatens further China tariffs; pressures on emerging market currencies are slightly lower


Trade frictions continue to dominate the agenda; EM currencies see further turbulence


Powell reaffirms Fed’s gradual approach to rate hikes; crude prices surge on US inventory draw


Plunge in Turkish lira triggers flows into US dollar; oil prices edge down on trade war concerns


Fed leaves rates on hold but seen hiking next month; crude prices ease as OPEC production rises


US and EU strike a deal to reduce trade tensions, while US growth accelerates to a vigorous 4.1% in Q2



Regional outlook improving amid higher oil prices and government stimulus


Trade war looms closer; Global growth prospects are lower; oil price fluctuates on uncertain production


US may expand tariffs on Chinese goods; GCC economic activity still soft; oil down on bearish supply


US imposes tariffs on Chinese goods; GCC non-oil activity recovering; Brent settles lower at $77


EU fires latest shot in trade war with US; oil prices rise despite deal by OPEC+ to boost output


G7 discord ratchets up fears over global trade outlook; Fed rate hike almost certain this week


Higher oil prices positive for Saudi economy but non-oil activity yet to fully rebound


Strong US labor market and easing tensions in Italy lift markets, but trade war concerns intensify


GCC debt issuance weak in 1Q18; central banks hike rates


Oil prices lifted by US withdrawal from Iran nuclear deal; Egypt could see interest rate cut this week


Fed leaves rates on hold while Eurozone growth disappoints; oil prices stay close to $75


Weekly Economic and Markets Review


GCC: Gulf outperforms in 1Q18 while developed markets dip amid fresh volatility


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Saudi Arabia: Non-oil activity improving amid record public spending, but credit growth still weak


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Weekly Economic and Markets Review


Saudi Arabia unveils largest ever budget to stimulate non-oil economy in 2018


Weekly Economic and Markets Review


Weekly Economic and Markets Review


GCC: Geopolitics weighed on GCC equities in 2017; Kuwait outperformed

