Europe Commercial Property Outlook 2014: A year of stability for euro-zone property The latest economic and property market data from the single currency region sit comfortably with our forecasts that commercial property in the euro-zone faces a further year of stability in rental... 28th November 2013 · 1 min read
Emerging Markets Activity Monitor Asia leads the way, but growth remains weak across EM world Our GDP Tracker suggests that although EM growth has probably picked up a little recently, it is too soon to talk about a meaningful rebound. Signs of recovery are strongest in Emerging Asia... 28th November 2013 · 1 min read
Europe Data Response Euro-zone EC Survey, German Unemp. (Nov.) & Spa. GDP (Q3) November’s rise in the EC’s euro-zone Economic Sentiment Indicator (ESI) is a comforting sign given the recent falls in other indicators, like the composite PMI, but we still expect the recovery to... 28th November 2013 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Oct.) There remains little sign that a pick-up in euro-zone bank lending to help support the fragile economic recovery is taking place. 28th November 2013 · 1 min read
Latin America Economics Update Brazil: Selic to remain in double-digits for foreseeable future The slight alteration to the Brazilian monetary policy committee’s (COPOM) statement suggests that we are now nearing the end of the current tightening cycle. But while there are unlikely to be... 28th November 2013 · 1 min read
UK Economics Focus Autumn Statement 2013 Preview With the economic recovery yet to have much impact on the Government's popularity, Chancellor George Osborne may be tempted to use the proceeds of stronger growth to fund a small giveaway in the... 28th November 2013 · 1 min read
Europe Data Response Swiss GDP (Q3) Q3’s Swiss GDP figures confirm that the economy is continuing to withstand the effects of the strong currency. But growth remains steady rather than spectacular. 28th November 2013 · 1 min read
Emerging Europe Chart Pack Growth gradually picking up A raft of GDP data released over the past month confirmed that growth in Emerging Europe accelerated in Q3, albeit gradually. Overall, we calculate that regional GDP expanded by 1.8% y/y, up from 1.6%... 28th November 2013 · 1 min read
Asia Economics Update Philippines economy in good shape before Typhoon Haiyan Figures released today show that the Philippines economy was in good shape before Typhoon Haiyan hit the country at the start of the month. In the short-term, growth is likely to slow, but the economy... 28th November 2013 · 1 min read
Japan Data Response Retail Sales (Oct.) Despite a fall in October, the broad upward trend in retail sales remains intact. Sales are likely to surge in the coming months ahead of the consumption tax hike, but should plunge thereafter. 28th November 2013 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q3 13) Q3’s Swiss GDP figures confirm that the economy is continuing to withstand the effects of the strong currency. But growth remains steady rather than spectacular. 28th November 2013 · 1 min read
Bank of Canada Watch Bank likely to pause before signalling policy easing Following the downgrading of its economic outlook and dropped tightening bias, the recent economic data have been just about strong enough to allow the Bank of Canada to stand pat at next week's... 27th November 2013 · 1 min read
Canada Economics Update Low quality job creation to restrain income growth It is encouraging that, even allowing for the modest drop back in September, the payroll survey suggests employment growth picked up in the third quarter. Unfortunately, over the past year, payroll... 27th November 2013 · 1 min read
EM Valuations Monitor Optimism surrounding Argentina may be overdone Bond markets have reacted positively to election results in Argentina which effectively mean that the incumbent, Cristina Fernandez de Kirchner, will be unable to serve beyond her current term ending... 27th November 2013 · 1 min read
Middle East & North Africa Economics Update Dubai’s Expo to boost growth, but optimism may be overdone Having won the right to host the 2020 World Expo, Dubai's economy looks set to benefit from higher investment and tourist arrivals. But we're concerned about the probable rise in corporate debt and... 27th November 2013 · 1 min read
Latin America Economics Update Dollar drought beginning to bite in Venezuela The ongoing dollar drought is starting to have severe repercussions for the Venezuelan economy. We continue to expect GDP to contract next year, while the risk of a debt default is increasing by the... 27th November 2013 · 1 min read
