UK Data Response MPC Minutes (Apr.) & Labour Data (Feb./Mar.) The minutes of April’s Monetary Policy Committee (MPC) meeting showed that the Committee is still unlikely to alter policy in the near future. Meanwhile, despite the headline-grabbing drop in claimant... 21st April 2010 · 1 min read
UK Commercial Property Update Capital gain of 10% this year still on the cards Commercial property’s strong start to 2010 has already left the latest IPF Consensus forecast looking a little conservative. We remain comfortable with our forecast for a 10% rise in IPD capital... 21st April 2010 · 1 min read
Capital Daily How big a threat is volcanic activity to Europe’s economy? 21st April 2010 · 1 min read
Asia Economics Update Australia policy tightening to become restrictive in 2011 The minutes for the Reserve Bank of Australia (RBA) April meeting, released today, have underlined yet again that the outlook for the economy is very good. The cash rate is virtually certain to move... 20th April 2010 · 1 min read
Global Economics Update Bank of Canada signals imminent rate hike The Bank of Canada (BoC) this morning signalled clearly that it will begin hiking its key overnight interest rate at the next policy meeting in early June. We expect that rate to climb from 0.25% now... 20th April 2010 · 1 min read
Asia Economics Update India’s Reserve Bank still has much to do India raised its two policy interest rates by 25bp earlier today, which was in line with the consensus view but was less than our forecast of a 50bp hike. Nevertheless, we continue to believe that the... 20th April 2010 · 1 min read
Europe Data Response German ZEW Survey (Apr.) April’s sharp rise in German ZEW investor sentiment provides some hope that the recovery has not ground to a complete halt after the economy’s poor start to the year. 20th April 2010 · 1 min read
UK Data Response UK Consumer Prices (Mar.) March’s CPI figures will have done little to reassure those MPC members who have recently sounded a bit more concerned about the inflation outlook. But they should not cause the Committee to think... 20th April 2010 · 1 min read
Latin America Economics Update Details emerge of Chilean reconstruction effort 19th April 2010 · 1 min read
UK Economics Update Hot ash won’t cool the UK’s recovery Estimates of the financial cost to the UK airline industry of the eruption of the Eyjafjallajökull volcano in Iceland are mounting. But we doubt that the economic cost of the eruption will have a... 19th April 2010 · 1 min read
UK Economics Update Hot ash won’t cool the UK’s recovery Estimates of the financial cost to the UK airline industry of the eruption of the Eyjafjallajökull volcano in Iceland are mounting. But we doubt that the economic cost of the eruption will have a... 19th April 2010 · 1 min read
Europe Economics Update Volcanic eruption won’t prompt economic meltdown Worries are growing that the paralysis of European air travel, caused by the volcanic eruption in Iceland, could have a damaging impact on European recovery prospects. But while there is no doubt that... 19th April 2010 · 1 min read
Asia Economics Update Pakistan’s IMF programme appears back on track Reports over the weekend suggest that Pakistan and the IMF have patched up their differences. Renewed funding under the Standby Agreement will help to sustain the economic upswing but inflation looks... 19th April 2010 · 1 min read
Emerging Europe Economics Update Turkey: fiscal rule not the last word on budget discipline In the absence of a new IMF programme, a fiscal rule could help to reassure markets that Turkey remains committed to maintaining fiscal discipline. But even a well designed fiscal rule requires... 19th April 2010 · 1 min read
