Europe Data Response Euro-zone Industrial Production (Dec.) December’s rise in euro-zone industrial production does not alter the fact that GDP probably contracted pretty sharply in Q4. 13th February 2013 · 1 min read
Europe Economics Update More rate cuts to come from the Swedish Riksbank The Swedish Riksbank’s decision to leave interest rates on hold reflects concerns that further rate cuts may prompt household debt to rise further with potentially damaging longer-term consequences... 13th February 2013 · 1 min read
Middle East & North Africa Economics Update Sluggish Egyptian economy reduces prospect of IMF deal All eyes have focused on the fall of the Egyptian pound since the end of last year. But at the same time, the economy has taken a sharp turn for the worse. This suggests that job creation probably... 13th February 2013 · 1 min read
Emerging Europe Economics Update Russia: investment slump points to weaker trend growth The sharp slowdown in Russian growth towards the end of last year has drawn attention away from a much more important point: namely that it was driven by a slump in investment. In this month’s Watch... 13th February 2013 · 1 min read
Europe Data Response Norwegian GDP (Q4 12) The Norwegian economy rebounded in Q4 after contracting the previous quarter on account of the energy sector, but mainland growth slowed significantly. 13th February 2013 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q4 12) The Norwegian economy rebounded in Q4 after contracting the previous quarter on account of the energy sector, but mainland growth slowed significantly. 13th February 2013 · 1 min read
Nordic & Swiss Economics Update More rate cuts to come from the Swedish Riksbank The Swedish Riksbank’s decision to leave interest rates on hold reflects concerns that further rate cuts may prompt household debt to rise further with potentially damaging longer-term consequences... 13th February 2013 · 1 min read
UK Markets Chart Pack Sterling slides as safe-haven demand fades Sterling’s recent slide has largely reflected the further fading of safe-haven demand and signs that Mark Carney’s forthcoming governorship of the Bank of England might result in looser monetary... 12th February 2013 · 1 min read
UK Commercial Property Outlook 2013: the first step on the road to recovery? All-property yields moved up modestly in 2012, in line with our forecasts, but we think that this small adjustment is now all but over. Equally, however, renewed falls in yields and rises in capital... 12th February 2013 · 1 min read
US Economics Focus State and local governments will partly offset Federal drag State and local governments have sorted out their finances to such an extent that they will soon be in a position to raise spending and, consequently, boost both GDP and job growth. This will offset... 12th February 2013 · 1 min read
Global Markets Update Bank of Japan to continue to lag well behind the Fed The recent slide in the yen against the dollar has mainly been driven by speculation that the Bank of Japan will soon start to loosen monetary policy much more aggressively. However, there is little... 12th February 2013 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Jan.) Inflation held at 2.7% for the fourth month in a row in January and is likely to rise further before falling later this year. Tomorrow’s Inflation Report will paint a nasty picture of weak growth and... 12th February 2013 · 1 min read
Japan Economics Update Japanese consumers confident in “Abenomics” The jump in consumer confidence in January underlines just how big a task the Abe government has to meet the high expectations now spreading well beyond the financial markets. However, the improvement... 12th February 2013 · 1 min read
Africa Economics Focus Buoyant domestic demand to support regional growth Buoyant domestic demand should ensure that sub-Saharan Africa remains one of the world’s best performing regions over the next two years, even if the global economy remains weak. We are particularly... 12th February 2013 · 1 min read
Emerging Europe Economics Update Russia's Central Bank resists government pressure to ease policy The Central Bank of Russia (CBR) kept its benchmark interest rates on hold today and signalled that, despite growing pressure from the government to ease policy, any move in rates in either direction... 12th February 2013 · 1 min read
