Europe Economics Update EU package does not address broader economic problems The bolder than anticipated announcement of up to €750bn in loans and guarantees for euro-zone governments together with ECB government bond purchases hopefully reduces the immediate risk of financial... 10th May 2010 · 1 min read
Emerging Europe Economics Update Turkey: on course for a strong bounce-back March’s industrial production data from Turkey round off an impressive start of the year for the economy. In light of other positive data releases over recent weeks, we have raised our GDP forecast to... 10th May 2010 · 1 min read
UK Economics Update Fiscal uncertainty keeps MPC on hold Political uncertainty no doubt played a large part in the decision by the Monetary Policy Committee (MPC) to keep policy unchanged today. But with a large fiscal squeeze looming - whatever government... 10th May 2010 · 1 min read
UK Economics Update Economy should not scupper the deal Whether or not the Conservatives and the Liberal Democrats are able to form a stable government will depend on all sorts of issues. But we see no reason why apparent differences on economic and fiscal... 10th May 2010 · 1 min read
UK Economics Update Economy should not scupper the deal Whether or not the Conservatives and the Liberal Democrats are able to form a stable government will depend on all sorts of issues. But we see no reason why apparent differences on economic and fiscal... 10th May 2010 · 1 min read
UK Economics Update Fiscal uncertainty keeps MPC on hold Political uncertainty no doubt played a large part in the decision by the Monetary Policy Committee (MPC) to keep policy unchanged today. But with a large fiscal squeeze looming - whatever government... 10th May 2010 · 1 min read
Europe Data Response Germany Trade/France & Italy Industrial Production (Mar.) The latest data from the three main economies suggest that the region ended Q1 on a high note. But while the economic recovery may gain momentum in the short term, a prolonged period of fiscal... 10th May 2010 · 1 min read
Asia Economics Update Indonesia’s upswing to thrive despite stimulus withdrawal Indonesia’s Q1 GDP growth accelerated to 5.7% y/y and all the key indicators point to a further pickup in coming quarters, with domestic private sector demand leading the way. Monetary tightening will... 10th May 2010 · 1 min read
China Data Response External Trade (Apr.) China’s trade surplus reappeared in April and looks set to rise over the rest of the year. Against this backdrop, worries about the fallout from the Greek debt crisis are unlikely to delay a return to... 10th May 2010 · 1 min read
China Economics Update Inflation Monitor (Apr.) Tomorrow’s inflation data are likely to show a rebound in the headline rate in April. But a close look at recent trends suggests that inflationary pressures remain weak. With the economy set to slow... 10th May 2010 · 1 min read
Japan Economics Weekly Unambitious fiscal plan to test markets’ patience The DPJ’s economic and fiscal plan, due to be unveiled next month, is likely to be criticised on at least two counts: that the proposed target for the budget balance would still leave debt at very... 10th May 2010 · 1 min read
UK Economics Weekly Election needn’t put the UK in the Greek camp The fact that a hung parliament was widely expected helped to dampen the impact on markets. But the key question now is whether the election result will prompt markets to start to put the UK in the... 10th May 2010 · 1 min read
Europe Economics Weekly Contagion concerns will surely deepen The continued turmoil of Greek financial markets reflects a growing recognition that the rescue package - even if delivered swiftly - does not address Greece’s fundamental problems. There is still a... 10th May 2010 · 1 min read
Asia Economics Weekly Malaysia set to tighten again Malaysia’s central bank (BNM) will probably raise policy interest rates again this week, provided the debt crisis in the euro-zone periphery and the disorder in the markets does not escalate further... 10th May 2010 · 1 min read
