UK Commercial Property Data Response RICS Commercial Property Market Survey (Q3) Today’s RICS survey contained a raft of positive occupier market indicators, which send a clear message that rental value growth will continue to accelerate. 6th November 2014 · 1 min read
Global Economics Chart Pack Growth is slowing (but not collapsing) Global growth appears to have softened at the beginning of the fourth quarter. The stagnation in the euro-zone has continued and Japan has still not recovered from the effects of April’s consumption... 6th November 2014 · 1 min read
Asia Economics Update Malaysia’s policy rate to stay on hold until mid-2015 Against a backdrop of softer domestic growth and weakening exports, the Malaysian central bank (BNM) unsurprisingly kept its policy rate on hold at 3.25% today. As the accompanying statement took on a... 6th November 2014 · 1 min read
Emerging Europe Economics Focus 25 years on from the “Fall of the Wall” The fall of the Berlin Wall marked the start of the transition from central planning to market-based economies in Central and Eastern Europe, which in turn paved the way for a sharp rise in prosperity... 6th November 2014 · 1 min read
Europe Commercial Property Chart Pack Investment appetite strong despite economic slowdown Economic indicators point to a slowing of the euro-zone economic recovery, particularly in the core economies. Nevertheless, the search for property investment opportunities has carried on unabated... 6th November 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Oct.) The latest Halifax house price index brought further evidence that the sharp drop in active housing demand since the turn of the year has taken much of the steam out of house prices. 6th November 2014 · 1 min read
Japan Chart Pack Stock market cheers policy moves The Nikkei has soared following the Bank of Japan’s decision to step up the pace of monetary easing. The yen has also weakened, which is good news for exporters. Less widely noticed is that, after a... 6th November 2014 · 1 min read
Asia Data Response Australia Employment (Oct.) A gain in employment in October, after two months of net job losses, will allay some of the worst fears about Australia's labour market, but it still looks far from healthy. 6th November 2014 · 1 min read
UK Economics Chart Pack Significant slowdown still looks unlikely Fears that the UK’s economic recovery is rapidly losing steam appear largely overblown. Admittedly, the Markit/CIPS Composite PMI, which weights together the headline indices for the manufacturing... 5th November 2014 · 1 min read
Emerging Europe Economics Update Polish central bank governor shifts emphasis to growth Following the surprise decision to leave interest rates on hold today, when most had expected a 25bp cut, Governor Belka didn’t close the door on further easing. But he did shift the emphasis onto... 5th November 2014 · 1 min read
Capital Daily Global equity markets should learn to love lower oil prices 5th November 2014 · 1 min read
Europe Chart Pack Bank lending still a major drag on growth The latest data have shown tentative signs of improvement in the euro-zone banking sector, with the pace of contraction in lending slowing slightly in September (see Chart) and the Bank Lending Survey... 5th November 2014 · 1 min read
Latin America Economics Update Returning presidents dent hopes for reform Dilma Rousseff’s triumph in last month’s Brazilian presidential election made it a hat-trick of victories for incumbents in Latin America this year. Meanwhile, in Uruguay the Frente Amplio party is on... 5th November 2014 · 1 min read
Emerging Europe Data Response Russia Consumer Price Inflation (October) Russian inflation accelerated to a three-year high of 8.3% y/y in October and, with the lagged effects of a weaker ruble still to come through, a further rise towards 9% y/y is likely over the coming... 5th November 2014 · 1 min read
Commodities Update Demand for US corn to remain weak despite falling prices Although the price of US corn has fallen to levels last seen in early 2010, lower livestock numbers, limits on ethanol demand and lower international corn trade will prevent a large pick-up in demand. 5th November 2014 · 1 min read
US Housing Market Data Response Mortgage Applications (Oct.) The decline in mortgage interest rates to a 17-month low in October provided a temporary boost to refinancing activity. Mortgage applications for home purchase were still languishing in the doldrums... 5th November 2014 · 1 min read
