UK Data Response Halifax House Prices (May) The contradictory messages offered by the Halifax and Nationwide house price data make it almost impossible to draw clear conclusions about the health of the market. But, at the very least, May’s drop... 4th June 2010 · 1 min read
UK Data Response Halifax House Prices (May) The contradictory messages offered by the Halifax and Nationwide house pric data make it almost impossible to draw clear conclusions about the health of the market. But, at the very least, May’s drop... 4th June 2010 · 1 min read
UK Data Response Halifax House Prices (May) The contradictory messages offered by the Halifax and Nationwide house price data make it almost impossible to draw clear conclusions about the health of the market. But, at the very least, May’s drop... 4th June 2010 · 1 min read
BoE Watch Rise in inflation fails to rattle MPC The Monetary Policy Committee (MPC) appears, more than ever, to be in wait and see mode. A number of uncertainties – such as the severity of the upcoming fiscal squeeze and the impact of recent events... 3rd June 2010 · 1 min read
Europe Commercial Property Update Are Emerging European capital values on the road to recovery? The sovereign debt crisis in the euro-zone is bound to weigh heavily on the outlook for Emerging Europe, moderating, if not reversing, hopes for an occupier and investment market recovery. Thus, in... 3rd June 2010 · 1 min read
Global Markets Update What next for sterling? Our forecast that the euro will fall to parity with the dollar next year, combined with a smaller decline in the pound from $1.47 to around $1.40, would mean a further rise in the euro-sterling... 3rd June 2010 · 1 min read
China Economics Update How much should we care about Chinese equities? We expect a big rebound in Chinese equity prices in the second half of 2010 as fears about policy tightening wane and the economy heads to a soft landing. However, rising prices will not give much of... 3rd June 2010 · 1 min read
Europe Economics Update Spain faces an uphill battle to ease markets’ fears The latest ratings downgrade of Spanish Government debt has triggered a new wave of concern in the markets. While Spain’s problems are far less acute than those of Greece, the Government still faces a... 3rd June 2010 · 1 min read
Asia Economics Update The Philippines looks set to tighten in Q3 The Philippines’ central bank (BSP) left the reverse repo rate unchanged at 4.0% today, as expected. The economic upswing should hold strong in coming months while the policy rate looks set to remain... 3rd June 2010 · 1 min read
Asia Economics Update Indonesia still on track to hike later this year Bank Indonesia (BI) left rates at 6.50% today, as expected. The economic upswing will stay strong but the high level of the rupiah is helping to hold down prices. Nevertheless, inflation will probably... 3rd June 2010 · 1 min read
Europe Data Response Euro-zone Retail Sales (Apr.) & Final PMI (May) April’s drop in euro-zone retail sales brought more worrying evidence of the weakness of the consumer sector even before fiscal tightening really kicks in. 3rd June 2010 · 1 min read
UK Data Response UK CIPS/Markit Report on Services (May) May’s UK CIPS/Markit report on services provided further evidence that the recovery in the biggest part of the economy is struggling to pick up pace. 3rd June 2010 · 1 min read
UK Data Response Nationwide House Prices (May) It is still early days, but our prediction last month that April would be the high water mark for house price inflation appears to have been borne out. For now, house prices continue to rise, but... 3rd June 2010 · 1 min read
UK Data Response Nationwide House Prices (May) It is still early days, but our prediction last month that April would be the high water mark for house price inflation appears to have been borne out. For now, house prices continue to rise, but... 3rd June 2010 · 1 min read
UK Data Response Nationwide House Prices (May) It is still early days, but our prediction last month that April would be the high water mark for house price inflation appears to have been borne out. For now, house prices continue to rise, but... 3rd June 2010 · 1 min read
