Europe Economics Update Euro-zone Monetary Indicators Monitor (Jul.) Although July’s euro-zone monetary data showed some further signs of improvement, the bigger picture is that lending is still contracting and the data suggest there is still a significant risk of... 28th August 2014 · 1 min read
US Housing Market Update What next for house prices? The house price slowdown that we have long-expected picked up a gear in recent months, suggesting that our forecast for house price inflation to slow to 4% next year is on track . 28th August 2014 · 1 min read
China Economics Update On the cusp of another slowdown? China’s economy continues to face headwinds, particularly from the property sector. But the key lesson from recent months is that policymakers have plenty of tools at their disposal to shore up growth... 28th August 2014 · 1 min read
Latin America Chart Pack Mexico turning the corner The past month has brought signs that Mexico’s economy is finally turning the corner. latestdata suggest that the Mexican economy has turned the corner. GDP expanded by a seasonally-adjusted 1.0% q/q... 28th August 2014 · 1 min read
Emerging Europe Economics Update Renewed escalation in Ukraine hits region’s financial markets Claims by Ukraine’s government that Russia has deployed troops in the east of the country have led to sharp falls in financial markets across Emerging Europe today. Some of the sharpest falls have... 28th August 2014 · 1 min read
BoE Watch Weak inflation affords MPC more time We doubt that new dissenters Martin Weale or Ian McCafferty will manage to persuade any of the other seven MPC members to vote to raise interest rates at September’s meeting. The recent weakness of... 28th August 2014 · 1 min read
US Employment Report Preview Improving trend reasserts itself Our econometric model implies that the easing injob growth and the rise in the unemployment ratein July were just blips in otherwise improvingtrends. We estimate that payroll employment roseby around... 28th August 2014 · 1 min read
ECB Watch ECB to hint strongly at QE and ultimately deliver The ECB finally seems to be facing facts, withPresident Mario Draghi conceding at Jackson Holethat the economy is too weak and that inflationexpectations have dropped. We do not expect anyaction this... 28th August 2014 · 1 min read
Middle East & North Africa Chart Pack Dubai's GREs slowly tackling their debt problems Over the past month Dubai’s government-related entities (GREs), which were at the heart of the Emirate’s crisis in 2009, have made further efforts to tackle their huge mountains of debt. The recovery... 28th August 2014 · 1 min read
Europe Data Response Euro-zone EC Survey (Aug.) August’s larger than expected fall in the EC Economic Sentiment Indicator (ESI)added to worrying evidence that the euro-zone recovery is struggling to gaintraction. 28th August 2014 · 1 min read
UK Data Response CBI Distributive Trades Survey (Aug. & Q3) August and Q3’s CBI Distributive Trades Survey provided an encouraging sign that the recovery in consumer spending retained plenty of momentum in the third quarter. What’s more, the prospects for... 28th August 2014 · 1 min read
Commodities Update Gold price unlikely to rally on seasonal factors alone This is the time of year when the gold price is traditionally assumed to be boosted by a seasonal pick-upin demand. Some months have tended to see larger changes in the price of gold than others, but... 28th August 2014 · 1 min read
Europe Commercial Property Update Has the best passed for Portuguese property returns? The recent sharp drop in Portuguese property yields has not been excessive. But with yields no longer at a level that is obviously too high and the economic outlook still fragile, yield impact... 28th August 2014 · 1 min read
Asia Economics Update Asian financial markets higher, but political risks weigh on Pakistan Most of Asia’s stock markets and currencies strengthened in August. The key exception is Pakistan, where political uncertainty has returned to the fore. 28th August 2014 · 1 min read
Asia Economics Update Growth in the Philippines to accelerate further GDP growth in the Philippines accelerated in the second quarter of the year, due to a strong contribution from net exports. Looking ahead, prospects for both exports and domestic demand look healthy... 28th August 2014 · 1 min read
