UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Sep/Aug) There was some better news in September’s RICS housing market survey, but not much as rising new instructions and a lack of buyers combined to push both house prices and house price expectations lower... 12th October 2010 · 1 min read
Capital Daily What would more quantitative easing mean for Treasuries? 12th October 2010 · 1 min read
UK Economic Outlook How will companies weather the fiscal storm? (Q4 10) Companies may weather the coming fiscal storm rather better than households and the public sector. But they certainly won’t survive entirely unscathed. 11th October 2010 · 1 min read
China Economics Update Looking ahead to the Five-Year Plan The most closely-watched data release this month will be that for third quarter GDP, due on the 21st. But a more momentous event will take place a few days earlier when the Communist Party leadership... 11th October 2010 · 1 min read
Asia Economics Update Currency war in Emerging Asia; we are still not there yet We expect more intervention and FX reserves accumulation in Emerging Asia as well as further regulatory controls to curb capital inflow. However, the regional approach will most probably remain a... 11th October 2010 · 1 min read
Emerging Europe Economics Update Rising Czech inflation doesn't warrant higher interest rates Last month’s pick-up in inflation in the Czech Republic is likely to give further ammunition to the hawks on the National Bank’s (CNB’s) policymaking Board. But core price pressures remain remarkably... 11th October 2010 · 1 min read
Europe Economics Update Italian industrial sector defying gravity Recent news from Italy suggests that the industrial recovery is going from strength to strength. Nonetheless, we doubt that this marks the start of an Italian renaissance. Indeed, there are several... 11th October 2010 · 1 min read
China Economics Update What should we make of the rumoured RRR hike? Reuters is reporting that the required reserve ratio (RRR) for major banks has been raised. The People’s Bank (PBC) has not confirmed the move, but if true the best explanation is that the large banks... 11th October 2010 · 1 min read
Emerging Europe Economics Update Russia: crunch time approaching for the CBR Russian banks have become more willing to lend in recent months. Much still depends on oil prices, but a strengthening banking sector raises the chances that the rapid expansion of the monetary base... 11th October 2010 · 1 min read
Japan Economics Weekly Is China to blame for the strong yen? China may have bought an unusually large quantity of Japanese bonds over the summer, but its purchases were too small to explain the strength of the yen or falls in government bond yields. In any case... 11th October 2010 · 1 min read
Europe Economics Weekly How much will the strong euro hurt? The euro’s rise to a nine-month high against the US dollar last week suggests that the euro-zone has lost what may turn out to be the opening skirmishes of a global currency war. If the euro remained... 11th October 2010 · 1 min read
Asia Economics Weekly Singapore to keep policy tight Singapore Q3 GDP, released on Thursday, is likely to show a sharp fall in q/q annualised terms but this will mainly just be pay-back from the spectacular gains seen in the first half of this year... 11th October 2010 · 1 min read
US Economics Weekly No mortgage rate miracle The Fed has not even announced a second round of quantitative easing, yet 30-year mortgage rates have plunged to record lows. But even the mortgage bargain of a lifetime may not be enough to drag the... 11th October 2010 · 1 min read
UK Economics Weekly Growth set to slow next year Given the speed with which the economic upturn has been losing momentum, last week’s data came as a big relief. But although the wider economy has, for now at least, edged away from a double-dip, GDP... 11th October 2010 · 1 min read
US Data Response Employment Report (Sep.) September's payroll report adds to the evidence that the recovery is losing what little forward momentum it had and will harden the resolve of the more dovish Fed officials to press forward with... 8th October 2010 · 1 min read
