Asia Economics Weekly ASEAN to outperform over the next decade A combination of favourable demographics, rising investment rates and an improving business environment mean growth in ASEAN should accelerate over the next decade. In contrast, growth in the rest of... 26th November 2012 · 1 min read
US Economics Weekly Rebound in house prices will reduce negative equity The housing recovery continues to go from strength-to-strength. House prices have risen by 5% over the past 12 months and there is an upside risk of a further acceleration. The faster prices rebound... 26th November 2012 · 1 min read
Canada Data Response Consumer Price Index (Oct. 12) Although core inflation, which remained at 1.3% in October, was slightly firmer than the consensus forecast of 1.2%, it remains well below the 2% policy target. Given the third-quarter economic... 23rd November 2012 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Oct. 12) October delivered another healthy rise in mortgage approvals, which have now increased for four months in a row. But with significant headwinds on the horizon, we doubt this is the beginning of a... 23rd November 2012 · 1 min read
Emerging Europe Economics Update Inflation slows, strong pick-up unlikely ahead Emerging Market (EM) inflation slowed in October. Even if inflation does pick up again in the coming months as a result of past increases in commodity prices, the big picture is that any rise is... 23rd November 2012 · 1 min read
UK Economics Focus Prospects for different types of spending and consumers A recovery in discretionary spending is in prospect. While tight credit conditions will impede any upturn in outlays on big-ticket items, we think electrical goods, food and clothing should do... 23rd November 2012 · 1 min read
UK Markets Outlook Markets underestimating chances of more stimulus UK asset prices have been undermined by fading expectations of more monetary stimulus and the partial reversal of safe-haven demand as euro-zone concerns have eased. Although a cut in official... 22nd November 2012 · 1 min read
Emerging Europe Economic Outlook Slowdown has further to run A strong labour market combined with low and stable mortgage rates have not been able to prevent a small rise in mortgage arrears. Possessions are currently being kept low by continued lender... 22nd November 2012 · 1 min read
Global Markets Update Are the best days for US corporate bonds behind us? There are signs that the prolonged contraction in US corporate bond spreads may be drawing to a close. If so, the stock market could struggle to make headway. 22nd November 2012 · 1 min read
Latin America Economics Update US court ruling calls Argentina's bluff on holdout debt Yesterday’s ruling by a US judge implies that if Argentina continues to play hardball on its holdout debt it will find itself in technical default within a matter of weeks. This may not be the... 22nd November 2012 · 1 min read
UK Commercial Property Update South East offices: is an occupier market recovery underway? Over the past few months, the fledgling South East office occupier market recovery has continued. And given that this region has an above-average exposure to the technology sector of the economy... 22nd November 2012 · 1 min read
Europe Commercial Property Update Is retail property in Brussels overpriced? We think that weak retail fundamentals in Belgium don’t warrant the currently low level of retail property yields in Brussels. Indeed, our forecast that consumer spending and retail rents are likely... 22nd November 2012 · 1 min read
Canada Data Response Retail Sales (Sep. 12) September's disappointing flat retail sales volumes, paired with a decline in wholesale trade and a modest increase in manufacturing sales, indicates that monthly GDP grew by just 0.1% m/m in... 22nd November 2012 · 1 min read
Africa Economics Update South Africa holds rates, easing to come next year The South African Reserve Bank kept its benchmark repo rate on hold at 5.00% today, but the prospect of subdued growth and easing inflation suggests that a rate cut is likely in 2013. 22nd November 2012 · 1 min read
