Asia Economics Update Coalition politics still likely to hinder Indian reform Markets have rallied in India on the back of the opposition Bharatiya Janata Party’s strong showing in state elections, which puts it in a strong position ahead of the general election in a few months... 9th December 2013 · 1 min read
Europe Data Response German Industrial Production & Trade (Oct.) October’s German industrial production data suggested that the country’s main growth engine has not only stalled, but gone into reverse. 9th December 2013 · 1 min read
Europe Data Response Greek GDP (Q3) & CPI Inflation (Nov.) Q3’s final Greek GDP release revealed that the recession continued to ease. But with deflationary pressures building, Greece’s debt problems are still growing. 9th December 2013 · 1 min read
China Economics Update People’s Bank edges forward with rate liberalisation There has been a rush of interesting data over the past couple of days suggesting that inflation pressures are low and domestic demand is faltering, though exports were less impressive than might... 9th December 2013 · 1 min read
Europe Economics Update Finland's economy to stagnate in 2014 The latest economic data show that Finland’s economy is struggling to recover from the recent yearlong recession. With many more years of painful reform ahead, it is likely that GDP growth will... 9th December 2013 · 1 min read
Europe Commercial Property Focus Is there any value left in French and German property? Commercial property in the euro-zone's two largest economies may appear expensive. But given the market's size, liquidity and perceived safe-haven status, as well as our view that capital values will... 9th December 2013 · 1 min read
Asia Economics Update Thailand’s political crisis adds to economic concerns Thailand's Prime Minister Yingluck Shinawatra dissolved parliament today and called for elections "as soon as possible". This step is unlikely to resolve political tensions, given that the opposition... 9th December 2013 · 1 min read
Japan Data Response GDP (Q3 Revised), Current Account (Oct) & Economy Watchers Survey (Nov) The downward revision in the second estimate of Q3 GDP largely reflects weaker inventories and is therefore no big deal. While demand excluding inventories was almost stagnant, the Economy Watchers... 9th December 2013 · 1 min read
US Economics Weekly Economic growth gathering momentum Last week's upward revision to third-quarter GDP growth to 3.6% annualised, from the initial 2.8% estimate, prompted a number of forecasters to lower their forecasts for fourth-quarter GDP growth, in... 9th December 2013 · 1 min read
Canada Economics Weekly Weaker Canadian dollar no panacea for economic blues The Bank of Canada's increasingly dovish stance explains only a small part of the recent depreciation of the Canadian dollar. We think it has more to do with the pullback in commodity prices... 9th December 2013 · 1 min read
Europe Economics Weekly Is the ECB being complacent about deflation? For now at least, the ECB appears happy to leave its “powerful artillery” in the arsenal due to its fairly sanguine outlook for inflation. But rather than start to rise gently in line with the ECB’s... 9th December 2013 · 1 min read
UK Economics Weekly Is the OBR too gloomy? While the Office for Budget Responsibility unveiled much stronger forecasts for the economy in last week’s Autumn Statement, with correspondingly more favourable projections for the public finances... 9th December 2013 · 1 min read
Japan Economics Weekly Near-term policy catalysts few and far between The details of the fiscal stimulus package unveiled on Thursday were disappointing. The corporate tax surcharge will be phased out a year earlier than scheduled, but there was no mention of a cut in... 9th December 2013 · 1 min read
Asia Economics Weekly Inflation rising, but scope for policy to remain loose Inflation in Emerging Asia has picked up in the past few months, albeit to a rate that is still low by historic standards. While the inflation outlook is not quite as benign as it has been for the... 9th December 2013 · 1 min read
Nordic & Swiss Economics Update Finland’s economy to stagnate in 2014 The latest economic data show that Finland’s economy is struggling to recover from the recent yearlong recession. With many more years of painful reform ahead, it is likely that GDP growth will... 9th December 2013 · 1 min read
Canada Economics Weekly Weaker Canadian dollar no panacea for economic blues The Bank of Canada's increasingly dovish stance explains only a small part of the recent depreciation of the Canadian dollar. We think it has more to do with the pullback in commodity prices... 6th December 2013 · 1 min read
