UK Markets Chart Pack Prospect of more stimulus fails to lift markets Signals from the Monetary Policy Committee that it is likely to recommence quantitative easing in the very near future have provided only a muted boost to UK asset prices. While gilt yields have... 24th September 2011 · 1 min read
US Chart Pack Policymakers running out of options Even if another recession is avoided, the economic recovery is going to remain unusually lacklustre. It seems unlikely that a divided Congress will pass much of President Obama's $450bn stimulus plan... 23rd September 2011 · 1 min read
Latin America Economics Update Pillars to Colombian growth set to weaken While the Colombian economy performed well in the first half of this year, the current global market mayhem underlines our belief that the economy will slow next year. But growth is unlikely to... 23rd September 2011 · 1 min read
China Chart Pack Global weakness to drag on growth While pessimism has been growing about the world economy, the last month’s data from China have actually not been that bad. But China’s economy is weaker today than on the eve of the global crisis... 23rd September 2011 · 1 min read
Japan Chart Pack Activity leveling off in second half of Q3 The Japanese economy appears to have largely overcome almost all the initial disruption caused by the earthquake and tsunami in March. As spending and output approach pre-disaster levels, momentum has... 23rd September 2011 · 1 min read
Commodities Update Industrial metal prices tumble and are set to fall further A triple whammy of weak PMIs in China and the euro-zone plus a downbeat assessment from the Federal Reserve about the long-term economic outlook has sparked sharp falls in commodity prices in the last... 23rd September 2011 · 1 min read
Latin America Economics Update How vulnerable is Chile to a global slowdown? Chile’s open economy is more susceptible than most in the region to a deterioration of external demand. Policy stimulus will provide some relief, however we anticipate a below-consensus 3% growth in... 23rd September 2011 · 1 min read
Asia Economics Update Asia growth forecasts cut amid weak global outlook Owing to our recent downward revisions to growth in the US and euro-zone in 2011-12 we have cut our forecasts for growth across emerging Asia. However, in a reflection of the region’s healthy... 23rd September 2011 · 1 min read
Latin America Economics Update What should we make of the real’s fall from grace? Fears that the slump in the Brazilian real will lead to a further rise in inflation look greatly exaggerated. There is almost no relationship between fluctuations in the currency and inflation, while... 23rd September 2011 · 1 min read
Canada Data Response Retail Sales (Jul.) Following overly-depressed growth in the second quarter, July's drop in retail sales was weaker than we had expected. Nonetheless, consumer spending growth should still improve this quarter. Judging... 23rd September 2011 · 1 min read
Europe Data Response Ireland GDP (Q2) Irish Q2 GDP figures revealed that the economy expanded strongly in the first half of 2011 and add to evidence that Ireland is in a much better position than Greece and Portugal. But given the weak... 23rd September 2011 · 1 min read
China Data Response HSBC/Markit Flash Manufacturing PMI (Sep.) Today’s flash PMI from China has done nothing to lift the spirits of global markets. On the bright side, conditions in manufacturing have at least stopped deteriorating over recent months. But chances... 23rd September 2011 · 1 min read
UK Commercial Property Chart Pack No respite on the horizon for retail occupier markets Apart from Central London, where shop vacancy is now almost nonexistent, there remains little cause for optimism about retail occupier markets. Admittedly, there will be very few new shopping centre... 23rd September 2011 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Sep.) The fall in the euro-zone composite PMI below the theoretical 50 “no-change” barrier provides the strongest sign yet that the region is on the cusp of recession. 23rd September 2011 · 1 min read
Capital Daily The future looks brighter for US corporate bonds than equities 23rd September 2011 · 1 min read
