Asia Economics Update Thailand’s financial markets recover, while Indonesia’s falter Reduced political tensions in Thailand have boosted its stock market and the baht. But in Indonesia, growing uncertainty over the result of July’s presidential election has weighed on financial... 30th June 2014 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (May) May’s small improvement in the euro-zone monetary data will not be enough to shake off concerns that the financial sector is a brake on the recovery and does little to diminish the risk that the... 30th June 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jun.) June’s weak euro-zone inflation figures will add to pressure on the ECB to provide more policy support, particularly given recent signs that the recovery may already be slowing. 30th June 2014 · 1 min read
UK Commercial Property Data Response Lending to commercial property (May) Net commercial property lending flows were negative again in May, but the trend is improving. In other words, it would not be a surprise to see a pick-up in gross lending flows feed through to... 30th June 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (May 14) The drop in mortgage market activity seen since the turn of the year was extended into May. However, we think that approvals are unlikely to drop much further. Instead, we expect them to rise steadily... 30th June 2014 · 1 min read
Japan Data Response Small Business Confidence (Jun.) & Housing Starts (May) According to June's small business confidence, the economy has recovered quickly from the shock to demand caused by the consumption tax hike. 30th June 2014 · 1 min read
Japan Data Response Industrial Production (May) The rise in industrial production in May suggests that the sector is recovering from the weakness caused by the consumption tax hike. 30th June 2014 · 1 min read
Canada Economics Weekly Fears of skilled worker shortages overdone While labour force retirements and shifting educational preferences among younger people may have contributed to a recent shortage of skilled trade workers in certain industries or regions, our... 30th June 2014 · 1 min read
US Economics Weekly Healthcare spending weakness spills over into Q2 Following the reported decline in first-quarter hospital revenues in the Quarterly Services Survey, we had anticipated that last week's GDP revision would show the economy contracted much more... 30th June 2014 · 1 min read
UK Economics Weekly Has the FPC done enough? None of the measures announced by the Financial Policy Committee (FPC) last week seem likely to sap the recovery in house prices of its current momentum or prevent the overall level of household debt... 30th June 2014 · 1 min read
Europe Economics Weekly Is the euro-zone recovery over already? Last week's euro-zone economic data added to the growing weight of evidence that the fledgling recovery in the currency union - which only really got going a year ago - is already running out of steam... 30th June 2014 · 1 min read
Asia Economics Weekly Korea will struggle to overcome its demographic drag Korea has some of the worst demographic dynamics in Emerging Asia. Not only is the population set to age dramatically, but the size of the overall workforce is also set to fall sharply. Although the... 30th June 2014 · 1 min read
Japan Economics Weekly Limited growth boost from revised “third arrow” The revised “Growth Strategy” published this week contained some positive surprises. In particular, it proposes a revision of the tax and social security system that could result in a sizeable boost... 30th June 2014 · 1 min read
UK Economics Update Disposable income still falling, but outlook remains bright The latest data on the state of households’ finances revealed another disappointing fall in disposable income. But households’ balance sheets remain fairly healthy overall, and we continue to expect... 27th June 2014 · 1 min read
China Economics Update Upward pressure on renminbi is building The renminbi has been allowed to strengthen by 0.5% against the dollar so far this month. A rebounding trade surplus will, in our view, force the People’s Bank to tolerate further gains in the months... 27th June 2014 · 1 min read
