UK Commercial Property Update More evidence that London office rents have further to rise The results of the latest CBI/PwC Financial Services survey were positive for the commercial property market. Business activity is improving steadily and the survey suggests that Central London office... 6th October 2014 · 1 min read
Canada Economics Weekly Housing bubble unlikely to prompt a rate hike Housing bubble fears have prompted some commentators to suggest that the Bank of Canada should hike interest rates before it's too late. But since the Bank doesn't typically target asset price... 6th October 2014 · 1 min read
Canada Data Response International Merchandise Trade (Aug.) Canada's roller-coaster export performance continued in August, with exports tumbling after strong gains in the previous months. Even so, the export recovery still looks broadly intact. Indeed, a... 3rd October 2014 · 1 min read
UK Economics Weekly Is the recovery running out of steam? The sharp decline in the manufacturing PMI and smaller fall in the services PMI in September has led some to question the durability of the UK’s economic recovery. There is little reason to be worried... 3rd October 2014 · 1 min read
Europe Economics Weekly Is the ECB already doing QE? The ECB confirmed last week that it will start to buy assets outright later this month and that the purchases will not be sterilised. But technically, this probably still amounts to credit easing... 3rd October 2014 · 1 min read
US Economics Weekly US recovery relatively immune to global slowdown We don’t think that the US will catch the latest economic cold that is currently afflicting Europe and parts of Asia. It’s worth remembering that the US is a fairly closed economy, which means it’s... 3rd October 2014 · 1 min read
US Data Response Employment Report (Sep.) & Int. Trade (Aug.) September’s strong Employment Report and August’s decent international trade release have increased the chances that the Fed will raise interest rates next March, as we have been forecasting for some... 3rd October 2014 · 1 min read
Capital Daily Healthy US Employment Report gives the dollar another boost 3rd October 2014 · 1 min read
Emerging Markets Economics Update BRIC economies the main drag on EM manufacturing September’s manufacturing PMI data suggest that the sector has lost some steam across the emerging world. The recent weakness has been largely concentrated in the BRIC economies, although there were... 3rd October 2014 · 1 min read
UK Economics Chart Pack Recovery aggravates existing imbalances While the economic recovery seems to have broadly maintained its strong pace in the third quarter, the latest national accounts contained signs that the recovery has exacerbated some of the economy’s... 3rd October 2014 · 1 min read
Asia Economics Weekly What next for monetary policy in Singapore? The Monetary Authority of Singapore (MAS) is expected to keep its exchange rate policy on hold at its upcoming bi-annual policy meeting. In any case, the most important changes to monetary conditions... 3rd October 2014 · 1 min read
Japan Economics Weekly Is Japan back in recession? The latest Tankan survey suggests that the economy shrank again in the third quarter, as does the prolonged fall in industrial production. However, we think the recent decline in output reflects the... 3rd October 2014 · 1 min read
UK Housing Market Chart Pack UK Housing Market Monthly The cooling in housing demand seen over the past few months is now feeding through into weaker house price gains. But mortgage lending and activity should begin to recover towards the end of the year... 3rd October 2014 · 1 min read
Latin America Economics Update Venezuelan bonds in for a rough ride The Venezuelan government may have gathered enough foreign currency to meet its debt obligations this month, but with the economy crippled by a shortage of foreign currency and oil prices now falling... 3rd October 2014 · 1 min read
Europe Data Response Euro-zone Retail Sales (Aug.) & Final PMIs (Sep.) August’s increase in euro-zone retail sales provided a positive sign for consumer spending. But with September’s PMIs revised down in the final estimates, there is more evidence that the euro-zone... 3rd October 2014 · 1 min read
UK Data Response CIPS/Markit Report on Services (Sep.) September’s strong CIPS report on services provided reassurance that the fall in the manufacturing PMI was not symptomatic of a wider malaise and that the recovery will remain fairly strong over the... 3rd October 2014 · 1 min read
