Europe Chart Pack Consumers benefiting from falling prices Recent weeks have seen some signs of an improvement in the consumer sector. Although retail sales fell by 0.4% in Q2, the drop was not as sharp as Q1’s 0.8% fall. Together with a 12% surge in car... 5th August 2009 · 1 min read
UK Economics Update Banks’ results of little reassurance on the lending front Markets have reacted positively to the interim results released by the major banks in the past few days. Indeed, the banking sector appears to be getting back on its feet. But there was little in the... 5th August 2009 · 1 min read
UK Economics Update Banks’ results of little reassurance on the lending front Markets have reacted positively to the interim results released by the major banks in the past few days. Indeed, the banking sector appears to be getting back on its feet. But there was little in the... 5th August 2009 · 1 min read
Asia Economics Update Focus turns to timing the first rate hike in Indonesia Bank Indonesia cut its key overnight lending rate by 25bps to 6.5% today as we and the consensus expected. While the accompanying statement leaves the door open for further cuts we think that rates... 5th August 2009 · 1 min read
Asia Economics Update Don’t trust China’s numbers, but don’t doubt the rebound Few will be surprised by the suggestion on the front page of today’s FT that China’s growth figures don’t add up. We created our China Activity Proxy (CAP) in an attempt to sidestep scepticism about... 5th August 2009 · 1 min read
Global Markets Update Equities still face an uphill battle Now that the S&P 500 has climbed above 1000 for the first time this year, is it time to sound the all clear for equities? We are sceptical. The rally is likely to peter out once the second quarter... 5th August 2009 · 1 min read
UK Data Response UK Ind. Prod. (Jun.) & CIPS/Markit Report on Services (Jul.) 5th August 2009 · 1 min read
UK Housing Market Update Is the mortgage market freeing up? On the face of it, the rise in mortgage approvals since the turn of the year together with the latest Bank of England credit conditions survey suggests that the mortgage credit freeze is beginning to... 5th August 2009 · 1 min read
China Economics Update Don’t trust China’s numbers, but don’t doubt the rebound Few will be surprised by the suggestion on the front page of today’s FT that China’s growth figures don’t add up. We created our China Activity Proxy (CAP) in an attempt to sidestep scepticism about... 5th August 2009 · 1 min read
