China Economics Update New leadership edging forward with reform Economic reform appears to be getting off to a slow start under the new leadership but moves to reduce government oversight of investment and other business operations suggest that it is at least... 14th March 2013 · 1 min read
Europe Economics Update Italian deadlock set to continue The opening of Parliament on Friday will do little to lift the political uncertainty in Italy. Accordingly, a prolonged period of policy deadlock looks likely to fuel concerns over the outlook for... 14th March 2013 · 1 min read
US Housing Market Update Lenders' capacity constraints still a brake on recovery Capacity constraints in lenders’ mortgage departments are one of the few remaining bottlenecks in the housing recovery and one of the factors contributing to the marginal role being played by mortgage... 14th March 2013 · 1 min read
Asia Economics Update Uptick in Indian inflation unlikely to impede rate cut Higher-than-expected wholesale price inflation in India has raised some doubts about whether policy easing is imminent. However, a closer look at today’s data shows that core inflation has dropped to... 14th March 2013 · 1 min read
Middle East & North Africa Chart Pack Saudi economy not yet overheating A combination of rising government spending, rapid and accelerating credit growth, and a rise in headline inflation has led some commentators to warn that the Saudi economy is overheating. Looking... 14th March 2013 · 1 min read
Europe Economics Update Norges Bank will continue to push back rate hikes The Norges Bank’s decision to leave the policy rate unchanged reflects the dilemma facing the Bank as a strong currency prevents it from hiking rates to stem a housing boom. These countervailing... 14th March 2013 · 1 min read
Latin America Economic Outlook Outlook brightens, Mexico to stay ahead of Brazil Growth in Latin America has accelerated in recent months and we expect the upturn to continue in most countries over the coming quarters. Nonetheless, growth is unlikely to return to the rates seen in... 14th March 2013 · 1 min read
Japan Economics Update Monetary Indicators Monitor (Feb.) High hopes are resting on the ability of the Bank of Japan’s new leadership to revitalise the economy. A look at the latest monetary aggregates underlines the challenges they face. 14th March 2013 · 1 min read
UK Commercial Property Update Is stagflation the next threat to property values? If growing fears of a sustained rise in inflation proved well founded, this will present another obstacle to a meaningful recovery in commercial property values. But a repeat of the 1970s experience... 14th March 2013 · 1 min read
Europe Economics Update SNB ready to do more if deflation risks rise The Swiss National Bank pledged to maintain its extremely supportive policy stance today, keeping interest rates as close to zero as possible and defending its exchange rate ceiling. But even at the... 14th March 2013 · 1 min read
Nordic & Swiss Economics Update SNB ready to do more if deflation risks rise The Swiss National Bank pledged to maintain its extremely supportive policy stance today, keeping interest rates as close to zero as possible and defending its exchange rate ceiling. But even at the... 14th March 2013 · 1 min read
Nordic & Swiss Economics Update Norges Bank will continue to push back rate hikes The Norges Bank’s decision to leave the policy rate unchanged reflects the dilemma facing the Bank as a strong currency prevents it from hiking rates to stem a housing boom. These countervailing... 14th March 2013 · 1 min read
UK Markets Chart Pack Inflation concerns continue to build Investors have become increasingly worried about the inflation outlook. 10-year break-even rates (which reflect expectations for RPI inflation) have risen to 3.4% – their highest rate since September... 13th March 2013 · 1 min read
UK Economics Chart Pack Inflation concerns continue to build Investors have become increasingly worried about the inflation outlook. 10-year break-even rates (which reflect expectations for RPI inflation) have risen to 3.4% – their highest rate since September... 13th March 2013 · 1 min read
Global Markets Update Is the underperformance of EM equities set to continue? While the recent underperformance of emerging market (EM) equities has been surprising given the strength of developed market (DM) equities, we think it may continue for a while yet. 13th March 2013 · 1 min read
