UK Housing Market Data Response RICS Lettings Survey (Jul.) Rental demand remained healthy in the three months to July. But there was tentative evidence that high rents may be beginning to take their toll. In any event, surveyors have become slightly less... 1st September 2011 · 1 min read
Japan Economics Update Industrial recovery peters out The slowdown in industrial production growth in July suggests that the recovery in output may have largely run its course and that output may not fully recover to its pre-disaster level. 1st September 2011 · 1 min read
Europe Data Response Euro-zone Flash CPI & Unemployment (Jul./Aug.) The news that euro-zone core inflation remained very low in August while unemployment rose further in July should reduce any remaining inflation fears at the ECB, adding to expectations of possible... 1st September 2011 · 1 min read
Europe Commercial Property Update Relative pricing levels of Nordic retail markets set to shift If we are right that prime retail yields in Stockholm will fall further than those in Oslo, Helsinki or Copenhagen, relative pricing levels across Nordic retail markets will move out of kilter with... 1st September 2011 · 1 min read
Capital Daily US Treasuries should be supported by the prospects for inflation 1st September 2011 · 1 min read
Latin America Economics Update Will the next move in Mexican rates be down? Above-target inflation means that it would require a major shock to the global economy for the Mexican central bank to cut interest rates this year. But with growth set to slow by more than most... 31st August 2011 · 1 min read
Middle East & North Africa Economics Update Egypt’s unemployment set to stay in double digits until 2013 Egypt’s second quarter unemployment data, in keeping with other industrial indicators, reflect the poor overall state of the economy. Although the jobless rate appears to have levelled off (at just... 31st August 2011 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Q2) With the economy weakening again, confidence falling and the labour market recovery faltering the rise in Case-Shiller house prices in the second quarter probably does not mark the end of the housing... 31st August 2011 · 1 min read
Japan Economics Update Old economic problems for a new leader The election of a new prime minister is as unlikely to mark a change in the politics of Japan as it is to change the economic outlook. Whilst we sincerely hope new Prime Minister Noda can provide the... 31st August 2011 · 1 min read
Emerging Europe Economics Update Poland GDP growth remains robust, but for how long? Polish growth in Q2 remained relatively robust but we expect it to slow significantly in 2012 and 2013 to a below-consensus 3% y/y as external headwinds build. Having front-loaded monetary tightening... 31st August 2011 · 1 min read
Global Inflation Watch Global inflation set to fall The slowdown in global growth and recent falls in commodity prices will feed through to lower headline and core inflation in the coming months. Indeed, headline inflation is already at or near its... 31st August 2011 · 1 min read
Latin America Economics Update Peru slows but solid fundamentals remain intact Peru’s economy witnessed a moderation of growth in Q2 as investors reacted to the emergence of new President Ollanta Humala. While growth will cool further in the near-term on a weaker external... 31st August 2011 · 1 min read
Asia Economics Update India’s resilient growth to bring more policy tightening India’s second quarter GDP figures, which showed only a marginal deceleration from the first quarter, should dispel any concerns in the Reserve Bank of India (RBI) that the economy is struggling to... 31st August 2011 · 1 min read
UK Economics Update Monetary Indicators Monitor (Aug.) Monetary indicators continue to suggest that underlying inflationary pressures are pretty weak. Meanwhile, firms have continued to pay down their debts, suggesting that business investment is unlikely... 31st August 2011 · 1 min read
Europe Data Response Euro-zone EC Survey (Aug.) August’s weak EC business and consumer survey added to the evidence that the euro-zone recovery has gone into reverse, perhaps boosting expectations that the ECB’s recent interest rate hikes could... 31st August 2011 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) The latest rise in mortgage lending may be a response to the increasingly competitive mortgage interest rates available to some borrowers in recent months. However, demand still remains depressed... 31st August 2011 · 1 min read
