Latin America Economics Update Q3 GDP a reality check but Brazil still in good shape 10th December 2009 · 1 min read
Global Markets Update Are gold prices now in a bubble? We do not believe that gold prices have risen beyond levels that could ever be justified by fundamentals. However, the absence of a bubble today will not prevent prices from falling back sharply next... 10th December 2009 · 1 min read
UK Housing Market Update Is property really such a great place to put your cash? Anecdotal evidence suggests that one of the key drivers of recent house price rises is increased demand from individuals seeking a better return than is available in the bank. Our calculations suggest... 10th December 2009 · 1 min read
Asia Economics Update Bank of Korea signals policy rate will move up soon The Bank of Korea (BoK) left its policy rate at 2.00% today, as expected. More importantly, the Governor’s press conference commentary was hawkish and suggests that an interest rate hike is not far... 10th December 2009 · 1 min read
UK Economics Update MPC pauses, but may need to do more in the new year The Monetary Policy Committee (MPC) never looked likely to take any action today. But even though the Committee has slowed its rate of asset purchases, it might yet have to give the economy more... 10th December 2009 · 1 min read
UK Economics Update MPC pauses, but may need to do more in the new year The Monetary Policy Committee (MPC) never looked likely to take any action today. But even though the Committee has slowed its rate of asset purchases, it might yet have to give the economy more... 10th December 2009 · 1 min read
Europe Data Response Italian GDP (Q3), Italian & French Industrial Prod’n (Oct.) 10th December 2009 · 1 min read
China Economics Focus Will China’s carbon pledges hold back its economic growth? China’s recent pledge to limit growth of carbon emissions is achievable without a major policy shift. Pressure is likely to rise on China to do more, but the high level of emissions relative to... 10th December 2009 · 1 min read
UK Economics Update Still little evidence of a sterling boost As highlighted by this week’s dismal trade figures, evidence of a boost from the lower level of sterling is conspicuous by its absence. There remain few signs that the drop in the pound is either... 10th December 2009 · 1 min read
Europe Economics Update Swiss National Bank’s exit will be very gradual By announcing an end to its corporate bond purchases, the Swiss National Bank has become the latest to start phasing out its unconventional policy support. But its downbeat forecasts for economic... 10th December 2009 · 1 min read
Asia Economics Update New Zealand signals earlier rate hikes The Reserve Bank of New Zealand (RBNZ), as expected, left its cash rate at 2.5%. But it brought forward the first projected hike to mid-2010 after steadfastly insisting up to now that rates would... 10th December 2009 · 1 min read
Emerging Europe Economic Outlook Domestic pressures to hold back the recovery (Q4 2009) The good news is that following the turmoil earlier this year, most economies in Emerging Europe have now returned to positive growth and financial markets have bounced. The bad news is that a number... 10th December 2009 · 1 min read
