UK Commercial Property Chart Pack Capital values up sharply in June Economic output rose for the sixth consecutive quarter in Q2 and finally regained its pre-credit crunch level. Employment also continues to grow strongly, but spare capacity in the labour market means... 25th July 2014 · 1 min read
Africa Economics Update African dollar bond rush continues Following hot on the heels of Kenya’s debut auction, both the Ivory Coast and Senegal returned to the market in July with issues of 10-year dollar-denominated debt. With yields across the region... 25th July 2014 · 1 min read
Japan Economics Weekly Are tensions with China hurting exports? Japan’s share of Chinese imports has fallen below that of the EU and South Korea recently. One reason is that large numbers of Japanese firms have shifted production facilities to China. This shouldn... 25th July 2014 · 1 min read
Europe Data Response German Ifo Survey (Jul.) & Consumer Confidence (Aug.) July’s drop in the German Ifo Business Climate Indicator (BCI) is another worryingsign that the recovery may have passed its peak. 25th July 2014 · 1 min read
Latin America Chart Pack Argentina teeters on the brink of another default With talks between Buenos Aires and holdout bondholders seemingly having stalled, it appears increasingly likely that Argentina will be prevented from making an interest payment that is due on... 25th July 2014 · 1 min read
UK Housing Market Update Will buy-to-let landlords selling up cause a fall in house prices? A recent survey of letting agents reported that the share of landlords planning to sell properties has risen to a seven-year high. That could be a sign that prices have peaked. But with overall... 25th July 2014 · 1 min read
Japan Data Response Consumer Prices (national: Jun.; Tokyo: Jul.) The dip in nationwide inflation in June and the second consecutive fall in the capital region in July suggest that the impact of the sales tax hike has started to fade. We expect core inflation excl... 25th July 2014 · 1 min read
Europe Economics Update How competitive is Greece now? The sharp fall in wages and recent flurry of structural reforms in Greece has not yet fed intocompetitiveness gains. Greece is still not able to run the sustained external surpluses that it needs. 24th July 2014 · 1 min read
Global Trade Monitor Advanced economies a drag on global trade The latest data underline that global trade volumes remain very weak, even as worldGDP growth has accelerated. Indeed, the volume of world trade fell slightly in May,according to data released today... 24th July 2014 · 1 min read
Global Markets Update Franco-German divergence spells trouble ahead Although purchasing managers surveys for July, released earlier today, suggest that the economicrecovery in the euro-zone as a whole is regaining momentum, they also still show a large gap betweenthe... 24th July 2014 · 1 min read
Global Economics Update Global manufacturing makes mixed start to Q3 Flash manufacturing PMIs published today indicate that the second-quarter rebounds in the US andChina have continued in July. But the euro-zone’s recovery still looks fragile and Japan is struggling... 24th July 2014 · 1 min read
US Housing Market Data Response New Home Sales (Jun.) June’s new home sales data point to a market that is struggling to capitalise on the recovery that is underway in the rest of the US economy. Yet there are good reasons to expect new home sales to... 24th July 2014 · 1 min read
Emerging Europe Economics Update How big a threat are financial sanctions for Russia? The possibility that the EU might follow in the steps of the US and restrict access to capital markets for some Russian firms, coupled with Moscow’s decision this week to cancel another government... 24th July 2014 · 1 min read
UK Economics Chart Pack Strong Q2 growth likely to be sustained The recovery in consumer spending has shown few signs of flagging. Retail sales volumes were 1.6% higher in Q2 than in Q1, while growth in spending off the high street seems to have remained strong... 24th July 2014 · 1 min read
US Employment Report Preview Surge in part-time employment is not a big concern Our econometric model suggests that non-farmpayroll employment increased by around 225,000in July. That would be smaller than June’s increaseof 288,000, but it would still be consistent withjob growth... 24th July 2014 · 1 min read
