US Economics Weekly Fed edging towards more QE It is looking increasingly likely that the Fed will announce a new round of quantitative easing, probably before the end of the year. Our guess is that it will opt for a smaller scale open-ended... 4th October 2010 · 1 min read
Europe Data Response Euro-zone Unemployment (Aug.) Euro-zone unemployment figures for August showed further signs of improvement in labour market conditions in some core economies but unemployment continued to rise in the peripheral economies. 1st October 2010 · 1 min read
Japan Data Response Unemployment, Spending & CPI (Aug.) This week's wave of Japanese data has ended on a more positive note, with the unemployment rate falling in August for the second successive month, household spending firm, and the CPI no worse than... 1st October 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Unemployment (Sep.) September’s rise in euro-zone CPI inflation probably reflected energy and food effects, while underlying price pressures remain very weak. 30th September 2010 · 1 min read
UK Economics Weekly Labour market slack will help inflation to fall Last week’s consumer prices figures showing headline inflation holding steady at 3.1% fuelled doubts in some quarters over the MPC’s long held view that spare capacity in the economy will have a... 20th September 2010 · 1 min read
Europe Economics Weekly Wage pressures to remain subdued Last week’s data brought further evidence of persistent weakness in euro-zone labour markets, with employment stagnating in Q2 and annual wage growth slowing. Admittedly, while pay cuts continued in... 20th September 2010 · 1 min read
UK Economics Update Is employment really rising that much? Even if employment is not actually rising quite as quickly as the official figures suggest, the improvement in the jobs market has been pretty impressive. Unfortunately, this looks unlikely to last. 17th September 2010 · 1 min read
US Economics Focus Mismatching has raised the structural unemployment rate 16th September 2010 · 1 min read
UK Data Response UK Labour Data (Jul./Aug.) The latest UK labour market figures showed that while employment is still rising strongly, cracks are appearing in the recovery. We still expect unemployment to rise to 3m or so within the next two or... 15th September 2010 · 1 min read
UK Data Response UK Labour Data (Jul./Aug.) The latest UK labour market figures showed that while employment is still rising strongly, cracks are appearing in the recovery. We still expect unemployment to rise to 3m or so within the next two or... 15th September 2010 · 1 min read
Europe Data Response German ZEW (Sep.), EZ Ind. Prod'n (Jul.) & Labour Costs (Q2) The drop in German ZEW economic sentiment in September and July’s stagnation in euro-zone industrial production confirm that the euro-zone recovery is slowing again after Q2’s strong expansion. 14th September 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) August’s small fall in euro-zone CPI inflation confirmed that price pressures in the region are very subdued. And although unemployment has continued to edge down, this is unlikely to prompt any... 31st August 2010 · 1 min read
Japan Data Response Unemployment, Spending & CPI (Jul.) The welcome fall in the unemployment rate in July starts to bring it back in line with the improving trends in other indicators of the health of Japan's labour market. Household spending fell back... 27th August 2010 · 1 min read
US Employment Report Preview Public sector won't offset weakness in private jobs growth 26th August 2010 · 1 min read
