Haver Analytics
Haver Analytics

Introducing

Andrew Cates

Andy Cates joined Haver Analytics as a Senior Economist in 2020. Andy has more than 25 years of experience forecasting the global economic outlook and in assessing the implications for policy settings and financial markets. He has held various senior positions in London in a number of Investment Banks including as Head of Developed Markets Economics at Nomura and as Chief Eurozone Economist at RBS. These followed a spell of 21 years as Senior International Economist at UBS, 5 of which were spent in Singapore. Prior to his time in financial services Andy was a UK economist at HM Treasury in London holding positions in the domestic forecasting and macroeconomic modelling units.   He has a BA in Economics from the University of York and an MSc in Economics and Econometrics from the University of Southampton.

Publications by Andrew Cates

  • Inflation fears have surfaced in financial markets in recent weeks. That at least is the message from rising bond yields and the climb in breakeven inflation rates that has accompanied that increase. Greater confidence in a global [...]

  • Global| Feb 19 2021

    Vaccination and Adaptation

    The performance of the world economy in coming months remains hostage to a number of factors but the evolution of the COVID-19 virus is the most important. As we discuss below, however, recent evidence on the virus front has been very [...]

  • Global| Feb 12 2021

    Heading the Right Way

    Some positive trends Amidst the daily barrage of bad news stories that pervade the international media, a number of positive trends have unfolded in recent weeks. For example: • At the global level there has been a sharp retreat in [...]

  • Global| Feb 12 2021

    Heading the Right Way

    Some positive trends Amidst the daily barrage of bad news stories that pervade the international media, a number of positive trends have unfolded in recent weeks. For example: • At the global level there has been a sharp retreat in [...]

  • January was riddled with some troublesome headlines. Political instability engulfed a number of countries including the US, Italy, the Netherlands – and via vaccine concerns – the European Commission. Worries about COVID mutations in [...]

  • Global| Jan 26 2021

    Positive Scarring

    Many commentators have been focusing on some of the negative longer-term effects of the coronavirus crisis on the world economy. These include higher levels of debt, higher long-term unemployment, weaker world trade growth and [...]

  • Global| Jan 26 2021

    Positive Scarring

    Many commentators have been focusing on some of the negative longer-term effects of the coronavirus crisis on the world economy. These include higher levels of debt, higher long-term unemployment, weaker world trade growth and [...]

  • Global| Jan 12 2021

    Some Reasons To Be Cheerful

    Tinges of optimism that had crept into discussions about the global economic outlook toward the end of last year have given way to more balance and even perhaps heightened pessimism in recent weeks. Rapidly rising case numbers in the [...]

  • Global| Dec 18 2020

    Good Riddance 2020!

    It's that time of the year when economic forecasters typically publish reams of documentation containing their expectations for the year ahead. And it is fairly safe to assume that all of these forecasters are anticipating a much more [...]

  • "Light at the end of the tunnel" is a phrase that will likely be deployed very frequently in the coming weeks. That's because of the news concerning several vaccines for COVID-19 which have clearly generated heightened hope that the [...]

  • The announcement this week concerning a potential vaccine for COVID-19 should be a game changer for the world economy. Financial markets have certainly greeted this news by pricing in a rosier global economic scenario (see figure 1 [...]

  • Global| Nov 02 2020

    The Second Wave Slowdown

    The global news-flow on COVID-19 has darkened in recent weeks and that will surely sour the economic outlook. A second wave is well and truly underway in many major economies (see figure 1) and policymakers have responded in some [...]