Europe Commercial Property Update RICS survey relatively upbeat on the Czech Republic Last week’s RICS Global Commercial Property Survey painted a mixed picture of commercial property investment market activity in Emerging Europe. The recovery seemed to be strongest in the Czech... 2nd February 2010 · 1 min read
Europe Economics Update French consumers leading the way France is one of few economies that seem to be experiencing a consumer revival. Sadly, fiscal tightening will prevent the recovery from gaining much momentum. But a fairly healthy household sector... 1st February 2010 · 1 min read
Latin America Economics Update Should we be worried about Brazil’s deteriorating fiscal position? 1st February 2010 · 1 min read
Asia Economics Update Pakistan set to stay on prolonged hold The State Bank of Pakistan (SBP), as expected, left policy rates unchanged at 12.50% over the weekend. We forecast that rates will stay on hold this year, before rising in 2011. The economy should... 1st February 2010 · 1 min read
Emerging Europe Economics Update Russia: Growth spurt to fade over 2010 Preliminary GDP data released today suggest that the Russian economy had a strong finish to 2009 and mean that GDP growth could top 6% y/y in the first half of this year. However, with the price of... 1st February 2010 · 1 min read
UK Economics Update Monetary Indicators Monitor (Jan.) It has now been almost a year since the Bank of England started its quantitative easing (QE) programme of asset purchases, yet both the broad money supply and bank lending are still barely rising. 1st February 2010 · 1 min read
China Economics Update How sustainable is China’s recovery? New GDP estimates from the People’s Bank support the message from the latest PMIs that growth in China is stable and strong. However, we believe that growth has already slowed and that continued rapid... 1st February 2010 · 1 min read
UK Data Response CIPS/Markit Report on Manufacturing (Jan.) January’s CIPS report on manufacturing offered hope that the industrial recovery is gathering momentum. But there are still major uncertainties over the outlook for the overall economy over the coming... 1st February 2010 · 1 min read
