Europe Economics Weekly Peripheral labour markets are healing, but very slowly Evidence mounted last week that euro-zone unemployment has peaked. Particularly encouragingly, many of the peripheral economies have now enjoyed several months of falling unemployment. What’s more... 7th October 2013 · 1 min read
Japan Economics Weekly Deficit target unlikely to be reached The decision to go ahead with the first consumption tax hike next year is an important step towards improving Japan’s public finances. But the government will have to go further to have a chance of... 7th October 2013 · 1 min read
UK Economics Weekly Fiscal rules could be tightened further In an attempt to reinforce the Conservatives’ image of fiscal responsibility, Mr Osborne said last week that his party would return the overall public finances to surplus by 2020. This would require... 7th October 2013 · 1 min read
Canada Economics Weekly Pent-up demand for new motor vehicles nearly exhausted The record new motor vehicle sales streak this year mainly reflects the ongoing unwinding of pent-up demand. With some pent-up demand still remaining, vehicle purchases are likely to improve somewhat... 4th October 2013 · 1 min read
Global Economics Chart Pack Global recovery on track despite US fiscal impasse There was further evidence over the past month that the world is experiencing a steady recovery, led by stronger growth in many advanced economies. Admittedly, the global business surveys for... 4th October 2013 · 1 min read
Commodities Update Industrial metals prices to remain weak The prices of industrial metals continued falling during the last month, despite more positive economic news from many advanced economies. We think the prices of most industrial metals are likely to... 4th October 2013 · 1 min read
Japan Economics Update Bank of Japan still likely to ease more The BoJ’s decision today to keep its policy settings unchanged was no surprise, particularly in the wake of the government’s announcement that it would introduce a large fiscal stimulus to offset the... 4th October 2013 · 1 min read
Latin America Economics Update Uruguayan authorities losing their grip on inflation It’s still early days, but on the basis of the latest data we remain sceptical that Uruguay’s recently revamped monetary policy will be any more successful at bringing inflation under control than the... 4th October 2013 · 1 min read
Capital Daily Investors likely to maintain their demand for US Treasuries 4th October 2013 · 1 min read
Africa Economics Update Oil production alone won’t solve Ghana’s deficit problems On the face of it, comments yesterday from Ghana’s Finance Minister that oil revenues have been larger than expected this year should ease some concerns over the sustainability of the country’s twin... 3rd October 2013 · 1 min read
Europe Commercial Property Update Are opportunities emerging in European non-prime property? The spreads between non-prime and prime yields in some of Europe’s core property investment markets have widened over the past few years. But without stronger evidence of a sustainable economic... 3rd October 2013 · 1 min read
UK Economics Chart Pack Confidence in the recovery strengthens The economic recovery is becoming more entrenched, with GDP confirmed as having grown by 0.7% in Q2 and expansion evident across all three main sectors of the economy. Meanwhile, sentiment has risen... 3rd October 2013 · 1 min read
UK Housing Market Chart Pack Tight housing market conditions push up prices Fears that another house price boom is on the way risk becoming self-fulfilling, as buyers rush into the market and sellers stay away in anticipation of future price gains. But demand still faces... 3rd October 2013 · 1 min read
Middle East & North Africa Economics Update Gulf economies motoring ahead September’s PMI data point to a marked pick-up in activity in the Gulf’s non-oil sectors, supported by an improving external environment. By contrast, the Egyptian economy is showing little sign of... 3rd October 2013 · 1 min read
UK Data Response CIPS/Markit Report on Services (Sep.) The CIPS business surveys continue to point to a sharp pick-up in GDP growth in the third quarter. Admittedly, they are the most upbeat of all the economic indicators at the moment. Nonetheless, GDP... 3rd October 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (Sep. 13) House prices rose further in September according to the Halifax, driven up by a release of some pent-up housing demand. The mortgage guarantee aspect of Help to Buy may push prices up further, but we... 3rd October 2013 · 1 min read
