Europe Data Response Euro-zone Flash CPI (Sep.) & Unemployment (Aug.) September’s fall in euro-zone inflation to a whisker above zero and August’s weak labour market data will add to the pressure on the ECB to signal further policy support at its meeting this Thursday. 30th September 2014 · 1 min read
UK Data Response National Accounts & Balance of Payments (Q2) The significant revisions to the UK’s national accounts have not changed the fundamental picture that the economy’s performance since the recession began in 2008 has been very weak by historical and... 30th September 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) The Nationwide reported that house prices fell for the first time in 17 months in September, providing further evidence of a cooling housing market. With other forward looking indicators also weak... 30th September 2014 · 1 min read
Japan Data Response Small Business Confidence (Sep.) The stagnation in small business confidence in September provides yet another indication that Japan's economic recovery remains sluggish. 30th September 2014 · 1 min read
China Economics Update Protests overshadow equity opening in Hong Kong October’s launch of the Shanghai-Hong Kong Stock Connect scheme has been eagerly awaited since it was announced earlier in the year. Now it risks being overshadowed by political unrest that raises... 30th September 2014 · 1 min read
Japan Data Response Labour Cash Earnings (Aug) Wage growth slowed in August, and will likely remain around 1% y/y in coming months as the summer bonus season has come to an end. 30th September 2014 · 1 min read
Japan Data Response Retail Sales, Industrial Production & Unemployment (Aug.) Today's data are unlikely to dispel concerns about the pace of recovery from last quarter's slump. 30th September 2014 · 1 min read
EM Valuations Monitor Emerging Markets Market Valuation Monitor Since the end of August, emerging market currencies have generally depreciated against the US dollar. The Brazilian real has been the worst performer among those that we track. Although the real... 29th September 2014 · 1 min read
Commodities Update Russia & Ukraine’s gas deal a step in the right direction The potential restart of Russian gas sales to Ukraine is a positive step in relations between the two countries and should help to put downward pressure on the prices of European gas and coal. However... 29th September 2014 · 1 min read
China Economics Update What next for Hong Kong? With thousands of pro-democracy protestors blockading the streets of Hong Kong’s main business district, the territory’s political crisis is showing no sign of dying down. The economy, which is... 29th September 2014 · 1 min read
Capital Daily Will there be a wider fall-out from events in Hong Kong? 29th September 2014 · 1 min read
Africa Chart Pack South Africa comes back into the firing line The South African rand has come under pressure this month as renewed attention on monetary tightening in the US has put the country’s large current account deficit back into the spotlight. The latest... 29th September 2014 · 1 min read
UK Economics Update Household Borrowing Monitor (Sep.) August’s household borrowing figures provided further evidence that the recovery isnot being driven by an unsustainable credit binge. And while mortgage lending shouldpick up as the economic backdrop... 29th September 2014 · 1 min read
US Housing Market Outlook House price inflation will slow further Loosening mortgage credit conditions, decent jobs gains and accelerating wage growth will help home sales rise over the next 12 months. But the improvement in selling conditions is also tempting... 29th September 2014 · 1 min read
Global Economics Update Cheaper oil a net positive for global growth Rather than being a sign that global growth is faltering, the recent decline in international oil prices mainly reflects improving supply conditions. As such, it should provide a modest boost to... 29th September 2014 · 1 min read
UK Economics Update Monetary Indicators Monitor (Sep.) The continued weakness of growth in broad money and bank lending provides more evidence that the low level of interest rates is not causing the economy to overheat. 29th September 2014 · 1 min read
