Europe Economics Update Weak Dutch economy adds to troubles in the core Recent data from the Netherlands have added to evidence from France that the euro-zone’s economic problems go well beyond the region’s periphery. We expect the Dutch Government’s opposition to... 5th March 2013 · 1 min read
China Economics Update Five issues to watch at the National People’s Congress The annual meeting of China’s parliament, the National People’s Congress, starts on Tuesday. Expectations, as usual, are low. This year though, with a new leadership keen to project an energetic image... 4th March 2013 · 1 min read
Emerging Markets Economics Update EM manufacturing recovery stutters The latest PMI surveys suggest that the recovery in emerging world manufacturing has lost a little steam recently. Part of the weakness can be explained by the effects of the Chinese New Year, which... 4th March 2013 · 1 min read
DM Markets Chart Pack US Treasuries regain their poise The 10-year US Treasury yield fell back in February, reversing about half of its rise in January. The drop was partly prompted by safe-haven demand following the inconclusive result of the Italian... 4th March 2013 · 1 min read
Latin America Economics Update Mexico edges towards energy reform Confirmation that Mexico’s governing PRI party will support reforms to open up the state-owned oil company Pemex has cleared a major obstacle to private sector investment in the energy industry... 4th March 2013 · 1 min read
Europe Commercial Property Update Falls in Swedish property values still more likely than not Last week’s GDP data from Sweden were not as bad for commercial property as they might at first seem. Indeed, the detail suggests that occupier demand for each of the three main sectors may have risen... 4th March 2013 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Feb. 13) The stabilisation in commercial property construction in January proved to be only temporary, with the CIPS/Markit PMI falling back to 45.5 in February, a three-year low. Given occupier demand is... 4th March 2013 · 1 min read
Emerging Europe Economics Focus Russia, Gazprom and the shale revolution The development of shale gas in Europe is unlikely to have a significant impact on Russia’s energy exports over the next couple of years. But in time, it could prove to be the final nail in the coffin... 4th March 2013 · 1 min read
Middle East & North Africa Economics Update Qatar's economy to be driven by buoyant public spending The French economy is set to fall further behind others in the euro-zone as labour market rigidity holds back competitiveness and household spending is hit by fiscal austerity. This might cause France... 4th March 2013 · 1 min read
Europe Economics Focus French slump to deepen fiscal fears The French economy is set to fall further behind others in the euro-zone as labour market rigidity holds back competitiveness and household spending is hit by fiscal austerity. This might cause France... 4th March 2013 · 1 min read
BoE Watch MPC close to doing more There is a reasonable chance that quantitative easing (QE) is resumed at this month’s Monetary Policy Committee (MPC) meeting. The Committee is taking a more flexible approach to the inflation target... 4th March 2013 · 1 min read
Commodities Chart Pack New Year rally comes to an abrupt end Commodity prices fell back in February due to worries about the global economy, renewed tensions in the euro-zone and fears of an early halt to QE in the US. These factors were reflected in a stronger... 4th March 2013 · 1 min read
UK Economics Update Funding for Lending Scheme not boosting lending yet The second set of data on the Funding for Lending Scheme (FLS) suggested that take-up of the scheme is increasing, but that lending is not yet rising as a result. 4th March 2013 · 1 min read
Japan Economics Weekly Two-year inflation target would be a step too far One of the policy changes that the new Bank of Japan Governor is likely to consider is a further clarification of the 2% inflation target. Mr Kuroda himself has reportedly suggested an explicit... 4th March 2013 · 1 min read
Canada Economics Weekly Better business optimism to prop up GDP The recent improvement in small and medium-sized business optimism concurs with our forecast that economic growth rebounded at the start of 2013. However, the underlying details of the survey suggest... 4th March 2013 · 1 min read
