UK Housing Market Data Response Mortgage Arrears and Possessions (Q1) The modest improvement in the labour market seen in the final months of last year appears to have helped reduce further the number of mortgage possessions and cases of mortgage arrears. As yet, there... 13th May 2010 · 1 min read
UK Housing Market Data Response CML Buy-to-Let Lending (Q1) Recent press reports have suggested that lenders are increasingly considering targeting a return to higher margin BTL lending. Today’s data suggest that such considerations have yet to deliver any... 13th May 2010 · 1 min read
Latin America Economics Update Venezuelan bolivar to be hit hard by falling oil prices 13th May 2010 · 1 min read
Japan Data Response Economy Watchers Survey & Bank Lending (Apr.) The surge in the main balances of Japan’s Economy Watchers Survey (EWS) in April is further evidence of a strong and increasingly broad-based recovery, consistent with our well-above consensus GDP... 13th May 2010 · 1 min read
Emerging Europe Economics Update Q1 GDP data paint a mixed picture Q1 GDP data released this morning from across Emerging Europe paint a mixed picture. While the economies in Central Europe all grew on a quarterly basis, those in Southern Europe contracted once again... 12th May 2010 · 1 min read
Emerging Europe Economics Update Estonia given green light to join EMU Today’s announcement that Estonia will join the euro-zone owes much to the huge fiscal tightening enacted last year. But EMU-entry will not be a panacea for the economy, and we expect GDP to contract... 12th May 2010 · 1 min read
Europe Commercial Property Chart Pack Euro-zone investment market recovery lacklustre (May 10) Despite a fall in Q1, the underlying trend in European commercial property investment volumes continued to improve gradually. Although still patchy at the city level, falls in euro-zone office and... 12th May 2010 · 1 min read
Asia Economics Update Bank of Korea laying ground work for tightening The Bank of Korea (BoK) left its policy rate at 2.0% today, as expected. The economy is picking up strongly and inflation pressures are rising. However, BoK Governor Kim is sympathetic to the... 12th May 2010 · 1 min read
UK Data Response Inflation Report (May) & Labour Market (Mar./Apr.) The dovish tone of the Bank of England’s May Inflation Report suggested that the Monetary Policy Committee (MPC) has no intention of tightening policy anytime soon. If anything, it is more likely to... 12th May 2010 · 1 min read
UK Economics Update Tax bargaining just a sideshow to the great squeeze While the first job for the coalition parties was to iron out the differences in their manifesto pledges, the tax changes announced are just a sideshow to the real action needed to address the fiscal... 12th May 2010 · 1 min read
UK Economics Update Tax bargaining just a sideshow to the great squeeze While the first job for the coalition parties was to iron out the differences in their manifesto pledges, the tax changes announced are just a sideshow to the real action needed to address the fiscal... 12th May 2010 · 1 min read
Asia Economics Update Philippines election to bring long run market gains The new counting system was up to the job and the presidential election in the Philippines has produced a clear winner. The new government will target fiscal consolidation and measures to lift... 12th May 2010 · 1 min read
Europe Data Response Euro-zone GDP (Q1) & Industrial Production (Mar.) Q1’s modest rise in euro-zone GDP confirms that the economic recovery in the region has failed to gain any real momentum even before the painful fiscal consolidation faced by many economies has begun. 12th May 2010 · 1 min read
