UK Housing Market Update How much has QE pushed up house prices? The main success of the Bank of England’s policy of quantitative easing (QE) has been the recent rise in asset prices. However, QE appears to have played only an indirect role in the housing market... 11th March 2010 · 1 min read
UK Economics Update How much has QE pushed up house prices? The main success of the Bank of England’s policy of quantitative easing (QE) has been the recent rise in asset prices. However, QE appears to have played only an indirect role in the housing market... 11th March 2010 · 1 min read
UK Economics Update How much has QE pushed up house prices? The main success of the Bank of England’s policy of quantitative easing (QE) has been the recent rise in asset prices. However, QE appears to have played only an indirect role in the housing market... 11th March 2010 · 1 min read
Asia Economics Update Philippines inching closer to a first policy rate hike The Philippine central bank (BSP) left its key policy rate unchanged at today’s meeting, as expected, but continued to unwind some of the other support measures which are no longer needed. Politics... 11th March 2010 · 1 min read
Europe Commercial Property Update Have Turkish property yields peaked? Their recent stabilisation suggests that the correction in Turkish property yields may now be over. With a relatively healthy outlook for the economy, and signs already emerging that rental values are... 11th March 2010 · 1 min read
China Economics Update No rush to tighten Relatively mild increases in consumer and property prices in the first two months of the year relax pressure for immediate policy tightening in China. 11th March 2010 · 1 min read
Asia Economics Update Politics will stay in the way of Korea rate hikes The Bank of Korea (BoK) left its policy rate at 2.00% today, as expected. BoK Governor Lee’s term ends this month and his replacement is likely to be sympathetic to the government view that monetary... 11th March 2010 · 1 min read
Asia Economics Update New Zealand still on track for mid-year hike The Reserve Bank of New Zealand (RBNZ) as expected left its cash rate unchanged at 2.5% overnight and, crucially, retained its commitment to start lifting rates from around the middle of 2010. The... 11th March 2010 · 1 min read
Japan Data Response GDP (Q4, Revised) Despite the small downward revision to growth in the fourth quarter, from 1.1% to 0.9% q/q, Japan has still recorded the biggest increase in GDP of any G7 economy since activity bottomed out in Q1... 11th March 2010 · 1 min read
Emerging Europe Economics Update Oil prices still set to drag on Russian recovery We have nudged up our forecast for Russian growth and the ruble for this year, partly in response to an upward revision to our profile for oil prices. But the bigger picture is that we still expect... 10th March 2010 · 1 min read
Latin America Economics Update Commodity prices still likely to weigh on recovery 10th March 2010 · 1 min read
UK Economics Update Is there a limit to how much QE the MPC can do? Concerns that the Monetary Policy Committee (MPC) is nearing the limit of how much quantitative easing (QE) it can undertake are probably overdone. Nonetheless, the potential for QE to spark an asset... 10th March 2010 · 1 min read
Global Markets Update Oil prices still set to drop back in the second half The fact that oil prices have remained firm despite the appreciation in the dollar has prompted us to raise our end-2010 and end-2011 forecasts from $50 per barrel (pb) to $60pb. But these numbers are... 10th March 2010 · 1 min read
Europe Data Response Italian GDP (Q4), Italian & French Industrial Production (Jan.) Q4’s Italian GDP figures were pretty dreadful. With domestic demand still very fragil and a fundamental lack of competitiveness hampering the external sector, Italy looks set to stage a slow and... 10th March 2010 · 1 min read
