UK Housing Market Update Prime central London values under pressure The uncertainty generated by the slump in oil prices and the crisis in Russia have the potential to give a short-term boost to safe haven demand for prime central London homes. But beyond that... 19th December 2014 · 1 min read
UK Data Response CBI Distributive Trades Survey (Dec.) While the strength of December’s CBI Distributive Trades Survey is likely to be exaggerated by the inclusion of “Black Friday” sales, it still provides another encouraging sign on the underlying... 19th December 2014 · 1 min read
Latin America Data Response Brazil IPCA-15 Consumer Prices (Dec.) & Unemp. (Nov.) Data to the middle of this month suggest that inflation is on track to fall back within target range in December. However, we doubt that this will be enough to prevent policymakers from raising... 19th December 2014 · 1 min read
Asia Economics Weekly What to expect in Asia in 2015 In this Weekly we outline our key calls for the region in 2015. We expect Emerging Asia to be a bright spot in the global economy, with growth set to accelerate in most economies. Falling commodity... 19th December 2014 · 1 min read
UK Commercial Property Data Response Institutional Investment in Property (Q3) To date in 2014, net institutional investment in property has totalled £4bn. Although the rate of net investment now appears to be easing, that could well prove temporary. And with strong economic... 19th December 2014 · 1 min read
UK Data Response Public Finances (Nov.) While the latest public finance figures showed that the trend in borrowing has finally begun to improve, the pace at which the deficit is falling remains disappointingly slow given the strength of the... 19th December 2014 · 1 min read
Emerging Europe Economics Update Oil price falls won’t let high inflation EMs off the hook Although the recent drop in oil prices will continue to exert downward pressure on inflation in most parts of the emerging world, it won’t provide a lasting solution for the economies with high... 19th December 2014 · 1 min read
Emerging Europe Economics Update The Russia crisis: one chart to watch The Russian ruble has rallied over the past 24 hours, but there are growing signs that the crisis is spreading to the banking sector. In particular, interbank interest rates have jumped to over 27%... 19th December 2014 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Dec.) The slight fall in the GfK /NOP composite index of consumer confidence is likely to be a blip. With a sustained recovery in real wages underway and employment growth set to remain strong, consumers’... 19th December 2014 · 1 min read
Japan Economics Update Lower energy prices to require more easing While the Bank of Japan left policy settings unchanged at today’s meeting, the recent plunge in the cost of energy will result in a further slowdown in price pressure and jeopardise the Bank’s efforts... 19th December 2014 · 1 min read
China Chart Pack Rate surge puts PBOC in a bind Interbank interest rates this week recorded their biggest increase in several months. The rate increase is much smaller than at this time last year but a key difference is that the People’s Bank cut... 19th December 2014 · 1 min read
Japan Economics Weekly What should we expect in 2015? Wage growth is set to remain sluggish next year and, with households also likely to be trying to rebuild their savings, we expect consumer spending to be subdued. In turn, this suggests that GDP... 19th December 2014 · 1 min read
India Chart Pack Reasons for optimism as 2014 ends On the face of it, 2014 has been another disappointing year for the Indianeconomy. Growth over the first three quarters averaged just 5.2% y/y, only asmall improvement from the trough of 2012-2013 and... 18th December 2014 · 1 min read
Europe Commercial Property Update What’s the outlook for peripheral retail rental values? The outlook for consumption growth in the Southern peripheral euro-zone economies is fragile. Yet there seems potential for rents to rise, given that the current level offers decent value for... 18th December 2014 · 1 min read
Commodities Update Impact of Russian wheat restrictions should be limited As a major exporter of wheat, any measures imposed by Russia to keep more supplies at home arelikely to result in higher global prices, though current market conditions should limit the upside... 18th December 2014 · 1 min read
Capital Daily Oil, not Fed policy, the key for US high-yield corporate bonds 18th December 2014 · 1 min read
