Capital Daily Investors in Asia have little to fear from capital controls 16th June 2010 · 1 min read
UK Economics Focus Emergency Budget Preview The new Governments emergency Budget on June 22 will mark the beginning of the biggest fiscal squeeze seen since the end of the Second World War. This will act as a significant drag on the economy... 15th June 2010 · 1 min read
Japan Economics Update Bank of Japan sacrifices a little credibility The Bank of Japan’s new loan scheme is essentially a tool of industrial policy (and a clumsy one at that) rather than a significant easing of monetary conditions. As such, it will not help the Bank’s... 15th June 2010 · 1 min read
Asia Economics Update Korea leads the way on capital controls Curbs on capital flows recently announced in Korea are designed to reduce extreme swings in the won and are not an attempt to influence where the currency will move over the long run. Korea is a... 15th June 2010 · 1 min read
Europe Data Response German ZEW (Jun.), E-Z Trade (Apr.) & Employment (Q1) June’s drop in German ZEW investor confidence is a worrying sign that fears about peripheral debt are damaging sentiment towards core euro-zone economies too. 15th June 2010 · 1 min read
UK Data Response UK Consumer Prices (May) May’s UK consumer prices figures provided some reassurance that the MPC will be able to avoid the nightmare scenario of having to raise interest rates just as an enormous fiscal squeeze hits the... 15th June 2010 · 1 min read
UK Data Response UK Consumer Prices (May) May’s UK consumer prices figures provided some reassurance that the MPC will be able to avoid the nightmare scenario of having to raise interest rates just as an enormous fiscal squeeze hits the... 15th June 2010 · 1 min read
UK Housing Market Data Response RICS Housing Survey & CLG House Prices (May/Apr) The rise in the RICS past prices balance is at odds with other evidence that the upswing in prices has lost momentum, or even begun to go into reverse. But the forward-looking balances in today's... 15th June 2010 · 1 min read
China Economics Update Do wage increases reduce the need for currency appreciation? Rapid wage increases may play a big role in rebalancing China’s economy in the years ahead. In the short term though, they are no substitute for nominal currency appreciation. 15th June 2010 · 1 min read
Latin America Economics Update Two-speed tightening cycle underway With the recovery well underway in most parts of Latin America the monetary tightening cycle has begun in some parts of the region. Policymakers in Brazil are in the midst of an aggressive tightening... 14th June 2010 · 1 min read
Emerging Europe Economics Update Is Romania on the brink of another political crisis? The Romanian government looks set to scrape through tomorrow’s no-confidence vote, thus averting a fresh political crisis and keeping relations with the IMF on track for now. But with the vote... 14th June 2010 · 1 min read
Europe Data Response Euro-zone Industrial Production (Apr.) The recovery in the euro-zone industrial sector continues apace. But it is far from clear that this will help the weakest economies in the region to cope with the coming fiscal squeeze. 14th June 2010 · 1 min read
UK Commercial Property Update CMBS may be less of a problem than is feared The downside risks to property prices from failed refinancing of commercial mortgage-backed securities (CMBS) could linger for much of this decade. Over the next one to two years, however, relatively... 14th June 2010 · 1 min read
