Bank of Japan Watch Token “easing” could now disappoint markets The Bank of Japan is now widely expected to announce some additional monetary stimulus at its next Policy Board meeting (which concludes on Wednesday 17th). However, we suspect this will simply be an... 10th March 2010 · 1 min read
UK Data Response UK Industrial Production (Jan.) January’s fall in UK industrial production, while possibly weather affected, has put a bit of a dent in hopes that the economic recovery might have picked up speed in the first quarter of the year. 10th March 2010 · 1 min read
Asia Economics Update Bank of Thailand moves closer to the exit The Thai policy rate was left unchanged at 1.25% today, as expected. The Bank of Thailand (BoT) acknowledged that the economic momentum built up at the end of last year has carried forward into 2010... 10th March 2010 · 1 min read
Capital Daily Year ahead for US equities set to be much tougher than the last 10th March 2010 · 1 min read
Latin America Economics Update Brazil tariff hike would be a step in the wrong direction 9th March 2010 · 1 min read
UK Commercial Property Update Will the boom turn to bust ... again? The lessons from 1993/94 The current surge in commercial property capital values broadly mirrors the rebound seen in 1993/94 as the economy emerged from the last recession. That episode, however, gave way to renewed capital... 9th March 2010 · 1 min read
Emerging Europe Economics Update Pick-up in industry, but Czech recovery unlikely to surge ahead Data released today suggest that the Czech economy may be on course to return to growth in Q1 2010. Nonetheless, there remains little sign of a strong and sustainable recovery emerging, and we are... 9th March 2010 · 1 min read
Japan Economics Focus Does the contraction in bank credit signal a double-dip? The recent contraction of bank lending is often cited as a risk to the economic recovery in Japan and to the prospects for investment in particular. However, the declines in bank lending are probably... 9th March 2010 · 1 min read
UK Data Response UK Trade (Jan.) & BRC Retail Sales (Feb.) February’s UK trade figures suggested that the much needed pick-up in the external sector is still not in evidence. While other data also underlining the vulnerability of the housing and consumer... 9th March 2010 · 1 min read
China Economics Focus Where next for the renminbi? Recent comments from People’s Bank Governor Zhou Xiaochuan make it likely that the renminbi’s dollar peg will remain in place a while longer. When it is loosened, the pace of gains will be slow. 8th March 2010 · 1 min read
Latin America Economics Update Chilean exports to hold up well despite earthquake 8th March 2010 · 1 min read
UK Economics Update Are zero interest rates possible in the UK? We think that cutting Bank Rate all the way to zero remains a potential tool in the Monetary Policy Committee’s arsenal. None of the obstacles to lower rates put forward by the MPC seem insurmountable... 8th March 2010 · 1 min read
