US Economics Update Fed's Survey shows no evidence of loan rebound The Fed's latest survey of Senior Loan Officers reveals a disturbing drop off in the demand for new loans and the renewed tightening of credit conditions for residential mortgages and other consumer... 8th November 2010 · 1 min read
Emerging Europe Economics Focus Emerging markets will not rescue the rest of the world Emerging market economies will continue to grow rapidly over the next few years. But with current account surpluses in most of Asia and among oil producers likely to remain high, this will not be of... 8th November 2010 · 1 min read
Latin America Economics Focus Emerging markets will not rescue the rest of the world Emerging market economies will continue to grow rapidly over the next few years. But with current account surpluses in most of Asia and among oil producers likely to remain high, this will not be of... 8th November 2010 · 1 min read
Asia Economics Focus Emerging markets will not rescue the rest of the world Emerging market economies will continue to grow rapidly over the next few years. But with current account surpluses in most of Asia and among oil producers likely to remain high, this will not be of... 8th November 2010 · 1 min read
China Economics Focus Emerging markets will not rescue the rest of the world Emerging market economies will continue to grow rapidly over the next few years. But with current account surpluses in most of Asia and among oil producers likely to remain high, this will not be of... 8th November 2010 · 1 min read
US Economics Update Bouncing along the bottom The housing market recovery has yet to begin with activity more or less bouncing along the bottom. Home sales did edge further above their post-tax credit low in September, but they remained 20% below... 8th November 2010 · 1 min read
Europe Data Response German Industrial Production & Trade (Sep.) September’s German industrial and trade data bode pretty well for the third quarter. But given slowing global demand and the euro’s strength, a sharper slowdown in industrial and external activity... 8th November 2010 · 1 min read
Asia Economics Update Vietnam makes the right move Vietnam’s central bank (SBV) lifted its policy rate by 100bp, to 9%, late on Friday. The adjustment is a step in the right direction but far more has to be done to ensure that inflation slows to the... 8th November 2010 · 1 min read
Global Economics Focus Emerging markets will not rescue the rest of the world Emerging market economies will continue to grow rapidly over the next few years. But with current account surpluses in most of Asia and among oil producers likely to remain high, this will not be of... 8th November 2010 · 1 min read
Europe Commercial Property Update Should Brussels offices command a higher risk premium? Given the huge economic and political uncertainties facing Belgium, the recent widening in the spread between office yields in Brussels and other cities seems entirely rational. Indeed, we suspect... 8th November 2010 · 1 min read
Emerging Europe Economics Update Poland: gearing up to hike interest rates It is now more likely than not that Polish policymakers will start to raise interest rates later this month. But we doubt that this will signal the beginnings of a sustained tightening cycle. 8th November 2010 · 1 min read
Europe Economics Weekly Is the euro defying gravity? The euro’s further rise certainly has not supported our forecast that it might eventually fall to parity against the dollar. The worries about peripheral debt that we had expected to drive the... 8th November 2010 · 1 min read
Japan Economics Weekly Has the yen finally turned? Now that the markets know the US Fed’s plans for additional QE, and these are presumably largely priced into the currency markets, any additional easing from the Bank of Japan will have a greater... 8th November 2010 · 1 min read
Capital Daily US G-20 current account proposals likely to fall on deaf ears 8th November 2010 · 1 min read
US Economics Weekly QE2 will not lead to runaway inflation It is very easy to understand why some fear that the Fed's second-round of quantitative easing will lead to a surge in inflation. But we suspect that the ultimate impact on core inflation will be... 8th November 2010 · 1 min read
UK Economics Weekly MPC will follow the Fed before long The Monetary Policy Committee’s decision not to follow the US Federal Reserve in embarking on a new bout of quantitative easing (QE) last week was justified by the recent news on the UK economy. But... 8th November 2010 · 1 min read
