Asia Economics Update Australia likely to cut its policy rate again The Reserve Bank of Australia cut its cash rate by 25bp to 2.75% at its policy meeting today. We expect it to cut again before the end of Q3 to compensate for a cooling mining boom. 7th May 2013 · 1 min read
Europe Commercial Property Update Czech office rental forecast risks move slightly to the upside Surveyors’ relatively upbeat views on Czech commercial property rental value growth prospects seem to be at odds with the weak tone of the latest agency and macroeconomic data. But together with signs... 7th May 2013 · 1 min read
UK Housing Market Chart Pack Housing market flat over first quarter of 2013 Various Government interventions, particularly the FLS, have given the housing market a gentle upwards nudge. But early hopes that 2013 would be a year of strong recovery will not be realised, and... 7th May 2013 · 1 min read
US Economics Update Banks still loosening lending standards The Fed's latest Senior Loan Officer Survey indicates that commercial banks have further loosened lending standards, particularly on loans to businesses. The net percentage of banks reporting in the... 6th May 2013 · 1 min read
Asia Economics Update Growth in Indonesia to remain resilient Indonesia recorded another quarter of solid growth in Q1. Weak exports and lower commodity prices will act as a drag on the economy in 2013-14. However, as a domestically-driven economy, Indonesia is... 6th May 2013 · 1 min read
US Economics Weekly Fed won’t provide numerical thresholds for QE3 The Fed won’t follow its recent hint that it could increase as well as reduce the pace of its monthly asset purchases by stating what combination of the unemployment and inflation rates would trigger... 6th May 2013 · 1 min read
Capital Daily Better-than-expected US Employment Report provides some cheer 6th May 2013 · 1 min read
Canada Economics Weekly New Bank Governor, same problems The announcement that Stephen Poloz will be the next Bank of Canada Governor came as something of a surprise, since the current number two at the Bank, Tiff Macklem, was widely tipped to take over... 6th May 2013 · 1 min read
Europe Economics Weekly Will falling inflation push the ECB into bolder action? The recent run of weak economic data prompted the ECB to cut its policy rate last week. But as inflation itself continues to fall, pressure on the ECB to loosen monetary policy further is likely to... 6th May 2013 · 1 min read
UK Economics Weekly Selling the banks would be no quick fix Rumours that the Government is gearing up to sell its stakes in the nationalised banks have hit the headlines. Some think that even a loss-making sale would support the Government’s chances of re... 6th May 2013 · 1 min read
Asia Economics Weekly Major challenges await Pakistan after elections Pakistan will hold parliamentary elections on 11th May. The elections mark a watershed moment in the Pakistan’s political history, as they are the first time that one elected government will have... 6th May 2013 · 1 min read
US Data Response Employment Report (Apr.) The better than expected 165,000 increase in non-farm payrolls in April, combined with the 114,000 upward revision to the gains in the preceding two months, will go a long way toward soothing fears of... 3rd May 2013 · 1 min read
Commodities Update Grain price rally set to be short lived The recent rally in the price of US grains has been driven by renewed fears over supply. However, we think that these concerns are overstated and expect prices to resume their downward trend over 2013... 3rd May 2013 · 1 min read
Asia Economics Update India set to take a more cautious approach to rate cuts Today's policy rate cut by the Reserve Bank of India (RBI) is likely to be the last for several months. We think the RBI will pause to assess the impact of the 75bp of rate cuts seen so far this year... 3rd May 2013 · 1 min read
Africa Economics Update What next for inflation across the region? Inflation is likely to slow across West Africa in the near term, meaning that interest rate cuts are still a possibility. By contrast, inflation is likely to accelerate in East and South Africa. In... 3rd May 2013 · 1 min read
