Japan Economics Update What to expect from the autumn Diet session The autumn Diet session is the first in which Prime Minister Abe’s coalition has a majority in both houses of the legislature and it will provide an important test of his ability to push through... 15th October 2013 · 1 min read
Europe Commercial Property Update Portugal's commercial property market is still a risky bet There have been encouraging signs lately that international institutional investors might be returning to the Portuguese commercial property market. This would be consistent with the improvement in... 15th October 2013 · 1 min read
Latin America Economics Update Stagflation here to stay in Venezuela Inflation in Venezuela may now be close to peaking, but it will remain between 30-50% for the foreseeable future - comfortably the highest rate in Latin America. This in turn will remain a major... 15th October 2013 · 1 min read
Europe Economics Focus Does Europe still face default? Despite the euro-zone economy’s recent recovery, likely constraints on future rates of economic growth and limits to further austerity mean that more of the region’s economies could yet choose, or be... 15th October 2013 · 1 min read
Global Economic Outlook Recovery looking stronger Global growth is likely to accelerate gradually next year as activity in the US gathers pace and the euro-zone's fragile recovery continues. Among the emerging economies, growth in China may slow... 15th October 2013 · 1 min read
Europe Data Response German ZEW Survey (Oct.) The continued rise in ZEW investor sentiment in October suggests that the German economy is so far weathering the storm of political turmoil elsewhere. 15th October 2013 · 1 min read
Emerging Europe Economics Update Light at the end of the austerity tunnel While the economic challenges facing Russia and Turkey are growing, we're becoming increasingly optimistic about the outlook for the rest of Emerging Europe. The pick-up in growth in recent months has... 15th October 2013 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Sep.) While a touch disappointing, September's inflation figures were not a material blow to hopes that it will fall back to its target. And we still doubt that the inflation knockouts that underpin the MPC... 15th October 2013 · 1 min read
Middle East & North Africa Economics Update Gulf well insulated from a potential US default News from Washington overnight suggests that the US authorities are edging towards an agreement that would prevent a US default. But even if talks break down, the Gulf economies are probably the best... 15th October 2013 · 1 min read
UK Economics Update Will 'Help to Buy' be a block to rebalancing? The Government's Help to Buy (HTB) Scheme has been criticised for stoking a potential house price bubble and exposing the taxpayer to unwarranted risks. A more overlooked danger arises from the... 15th October 2013 · 1 min read
Capital Daily US Treasury yields unlikely to soar in the event of a default 15th October 2013 · 1 min read
EM Markets Chart Pack The Brazilian real bounces back Emerging market currencies in all the major regions have generally risen against the dollar since this time last month. Those of countries in Emerging Europe have fared the best on average, although... 14th October 2013 · 1 min read
China Economics Update People’s Bank accelerates its foreign exchange purchases The People’s Bank (PBC) has been purchasing foreign exchange at a frantic rate in recent weeks,underlining again how reluctant policymakers are to leave the renminbi in the hands of market forces... 14th October 2013 · 1 min read
Commodities Update Strength in China's commodity imports likely to be temporary China’s imports of most major commodities rose in September. But we expect growth in demand for commodities to slow over the next year as China rebalances its economy. 14th October 2013 · 1 min read
Global Markets Update What impact would a US default have on Treasuries? In the event of the US government failing to service its debts, there are some good reasons to argue that Treasury yields would jump and others to suggest that they would actually fall. Our view is... 14th October 2013 · 1 min read
Emerging Europe Economics Update Russia’s central bank allows the dust to settle Having introduced an entirely new benchmark interest rate at its last meeting and unveiled new lending facilities at each of its two meetings prior to that, the Central Bank of Russia opted to do... 14th October 2013 · 1 min read
