Emerging Europe Economics Update Worrying early signs from Hungary’s new government Hungary’s new government has got off to a disappointing start, with early signs suggesting that economic populism will take priority over much-needed fiscal reform. 26th May 2010 · 1 min read
UK Housing Market Data Response RICS Lettings Survey (Apr.) On the face of it, the supply shortages which characterised the owner occupier market last year are in danger of becoming a feature of the private rental market. While this could provide a boost for... 26th May 2010 · 1 min read
Europe Economics Update Will fiscal union save the euro-zone? The recent rescue package along with rulings made by the European Commission might be steps towards euro-zone fiscal integration that could feasibly benefit the region’s economies in the long run. But... 26th May 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr.) April’s soft mortgage lending data add weight to the idea that last year’s upturn in approvals overstated the underlying health of the housing market. Moreover, since the looming fiscal austerity... 26th May 2010 · 1 min read
Japan Data Response Small Business Confidence (May) The continued rebound of small business confidence in Japan is a good example of the disconnect that sometimes happens between the worries of financial markets and reality on the ground. 26th May 2010 · 1 min read
Europe Commercial Property Update Do Emerging European property markets offer good value? Some valuation measures indicate that Emerging European commercial property markets now offer good value. However, the deepening fiscal crisis in the euro-zone has led to a marked drop in risk... 25th May 2010 · 1 min read
China Economics Update What did we learn at the US-China Dialogue? Markets have reined in even further their expectations of renminbi appreciation and are now pricing in a meagre 0.6% gain against the dollar over the next 12 months. That is surely too little. Indeed... 25th May 2010 · 1 min read
Latin America Economics Update Brazil to hike again, despite market turmoil A clear divergence in the outlook for monetary policy across the region has opened up over the past month. Policymakers in Brazil have signalled that they will act aggressively to calm fears about... 25th May 2010 · 1 min read
UK Data Response GDP: Output, Income and Expenditure (Q1) The second estimate of Q1 GDP brought little sign of the re-balancing of the economy which will be vital if a solid recovery is to be maintained once the impending fiscal squeeze kicks in. 25th May 2010 · 1 min read
UK Data Response GDP: Output, Income and Expenditure (Q1) The second estimate of Q1 GDP brought little sign of the re-balancing of the economy which will be vital if a solid recovery is to be maintained once the impending fiscal squeeze kicks in. 25th May 2010 · 1 min read
Emerging Europe Economics Update How does Estonia stack up against the euro-zone? Estonia’s low level of public debt sets it apart from the heavily indebted countries on the periphery of the euro-zone. But the country has seen a much bigger erosion of its competitive position over... 25th May 2010 · 1 min read
Emerging Europe Chart Pack Q1 GDP data a mixed bag (May 10) First quarter GDP data, released by most countries over the past month or so, paint a mixed picture. The highly open economies of Central Europe – notably Slovakia – continue to rebound at a fairly... 25th May 2010 · 1 min read
