Asia Economics Update Sri Lanka set to tighten monetary policy in 2011 The Central Bank of Sri Lanka (CBSL) kept its policy rates on hold at today’s meeting, as expected. Inflation has accelerated but is unlikely to reach a problem-pace any time soon. However, GDP growth... 16th November 2010 · 1 min read
Europe Data Response German ZEW (Nov.) & EZ Final CPI (Oct.) November’s rise in German ZEW investor sentiment suggests that the euro-zone’s core has remained encouragingly resilient to the periphery’s troubles for now. But we still see German growth slowing... 16th November 2010 · 1 min read
UK Data Response UK Consumer Prices (Oct.) October’s CPI figures could mark the start of a difficult period for the MPC. But we expect most members to hold their nerve and focus on the medium-term outlook. 16th November 2010 · 1 min read
UK Data Response UK Consumer Prices (Oct.) October’s CPI figures could mark the start of a difficult period for the MPC. But we expect most members to hold their nerve and focus on the medium-term outlook. 16th November 2010 · 1 min read
UK Housing Market Data Response CLG House Prices (Sep) The second fall in the government’s measure of house prices in almost a year and a half suggests that the recent weakness picked up by the more timely indices is finally showing through in house... 16th November 2010 · 1 min read
Global Markets Update Is the Fed's QE2 already high and dry? The fact that Treasury yields have risen rather than fallen since the Fed announced the launch of QE2 is not necessarily evidence that the policy is failing, especially when the US central bank has... 15th November 2010 · 1 min read
Canada Economics Update US QE2 no boon for Canada The Fed's new programme of asset purchases (QE2) does not change our view that Canada faces an extended period of weak economic performance. We continue to expect GDP growth to stagger along at around... 15th November 2010 · 1 min read
US Data Response Retail Sales (Oct.) & Empire State Index (Nov.) October's retail sales are a fairly encouraging sign that consumption growth may be starting to gain some traction. But households' real spending power will soon be hit by higher gasoline and food... 15th November 2010 · 1 min read
Asia Economics Update Philippines' upgrade as good as it gets for a long time S&P on Friday lifted the Philippines’ sovereign foreign currency debt rating from BB- to BB. The move reflects the strong balance of payments, the implementation of new reforms which will lift trend... 15th November 2010 · 1 min read
Latin America Economics Update Equity markets: boom, bubble, bust? The rally in Latin American equities over the past couple of months has left valuations in most countries looking stretched. Stock markets in the region remain vulnerable to a drop in commodity prices... 15th November 2010 · 1 min read
Asia Economics Update India's upswing set to stay strong Industrial output growth slowed sharply in September while the annual gain in wholesale prices eased a little in October. The Reserve Bank (RBI) has already made it clear that policy rates will almost... 15th November 2010 · 1 min read
Japan Data Response GDP (Q3 Prelim) Japan's GDP growth in Q3 was comfortably above consensus, but the markets are right to be worried about its sustainability. We continue to expect the economy to contract again in Q4 as consumer... 15th November 2010 · 1 min read
Japan Economics Weekly Q3 strong, but Q4 much weaker Monday's GDP figures for the third quarter should look good, with above-consensus growth of 1% (or more) quarter-on-quarter driven by domestic demand. However, the profile of the recent monthly data... 15th November 2010 · 1 min read
US Economics Weekly Fed criticism over the top but not all unfounded The Fed's quantitative easing may be unconventional, but it is designed to work through the same channels as conventional changes in short-term interest rates; by lowering long-term interest rates... 15th November 2010 · 1 min read
