Asia Economics Update Indonesia continues to manage capital inflows Indonesia has introduced more macro prudential measures to regulate the foreign liabilities of the banking sector. This is a sound strategy which will limit the extent to which any sudden change in... 6th January 2011 · 1 min read
Asia Economics Update To avoid crisis, policy in Vietnam needs to change soon The authorities in Vietnam continue to give mixed signals on what they will do in 2011. This should not be a big surprise ahead of the important National Party Congress which will take place next week... 6th January 2011 · 1 min read
ECB Watch ECB to stand pat amidst conflicting forces Once again, the ECB faces the tough task of balancing a raft of bad news from the euro-zone’s periphery with the more positive developments elsewhere and the fact that CPI inflation has risen above... 6th January 2011 · 1 min read
BoE Watch MPC to hold its nerve as inflation rises If inflation expectations continue to increase, the Monetary Policy Committee (MPC) will no doubt seriously consider a ‘token’ interest rate rise. But for now, it still seems wedded to its view that... 6th January 2011 · 1 min read
Global Markets Update Can China save the euro? Despite some hopes to the contrary, China is unlikely to be able or willing to do much to solve the debt crisis in the euro-zone. China was presumably already buying a significant amount of peripheral... 6th January 2011 · 1 min read
Europe Data Response Euro-zone EC Survey (Dec.) December’s EC business and consumer survey suggests that, for now at least, the improving global economic outlook is offsetting the ongoing troubles in the periphery. 6th January 2011 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q4) Today’s Credit Conditions Survey showed that in both the housing and commercial property markets lenders have continued slowly to improve the volume of credit that is available, if not its terms... 6th January 2011 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Today’s Credit Conditions Survey showed that in both the housing and commercial property markets lenders have continued slowly to improve the volume of credit that is available, if not its terms... 6th January 2011 · 1 min read
UK Data Response UK CIPS Report on Services (Dec.) & Credit Conditions (Q4) December’s CIPS/Markit report on services suggested that the economy ended 2010 on a much weaker note than the recent upbeat industrial data had indicated. What’s more, the Bank of England’s latest... 6th January 2011 · 1 min read
Capital Daily What should we read into the strong ADP employment report? 6th January 2011 · 1 min read
Asia Economics Update Pakistan; just when you thought the situation could not worsen Political instability, which is never far away in Pakistan, has risen following this week’s assassination of the governor of Punjab province and the withdrawal of another party from the ruling... 5th January 2011 · 1 min read
DM Markets Chart Pack Treasuries come under fire The surge in US Treasury yields in December was prompted largely by the announcement of further fiscal stimulus, which nurtured expectations of economic growth; increased anxiety about the budget... 5th January 2011 · 1 min read
US Data Response ISM Non-Manufact'ng & ADP Employment (Dec.) The latest ISM non-manufacturing and ADP private payroll surveys both suggest that the economic recovery picked up some significant momentum towards the end of last year. Growth should remain fairly... 5th January 2011 · 1 min read
Global Economics Update Food or energy - which is the greatest inflation threat? The upward pressure on inflation this year from the recent surge in the cost of agricultural commodities will be much greater than that from the pick-up in oil prices. Fortunately from this... 5th January 2011 · 1 min read
UK Housing Market Chart Pack Fewer willing sellers won't prevent prices from falling There have been tentative signs that prospective vendors are being deterred from bringing their properties to the market by renewed price falls. But even if supply contracts further, a combination of... 5th January 2011 · 1 min read
US Housing Market Data Response Mortgage Applications (Dec.) The recent improvement in economic conditions has done little to support housing demand, with mortgage applications for home purchase in December remaining close to historically depressed levels. With... 5th January 2011 · 1 min read
