Europe Economics Update Spanish housing market downturn far from over The latest housing market data show that the residential property market downturn is continuing to gather pace. With most valuation measures still suggesting that house prices remain well above their... 15th July 2009 · 1 min read
Asia Economics Update Bank of Japan growth forecasts nudged lower The unexpected downward revisions to the Bank of Japan’s GDP forecasts have unnerved the markets, but we would not read too much into them. In contrast, the decision to prolong the “temporary”... 15th July 2009 · 1 min read
UK Commercial Property Focus The effect of voids on landlords' income during a downturn The current commercial property occupier market downturn could run for another 12-18 months, and we think that, depending on the sector, rising voids over that period may take up to 5% off a typical... 15th July 2009 · 1 min read
Global Economics Update Asia recovering, but emerging markets in Europe still sick 15th July 2009 · 1 min read
Emerging Europe Economics Update Rates set to fall as confidence edges up (Jul 09) Signs of a pick-up in investor confidence means Hungary could resume its monetary-easing cycle later this month, with a further cut in rates also likely in Romania. Elsewhere, we still see room for... 15th July 2009 · 1 min read
China Economics Update Hot capital returns to China, raising inflation risks further The revival of confidence in China’s prospects appears to be drawing large amounts of speculative capital back into the economy, swelling the money supply and further raising inflation risks. Much of... 15th July 2009 · 1 min read
Japan Economics Update Bank of Japan growth forecasts nudged lower The unexpected downward revisions to the Bank of Japan’s GDP forecasts have unnerved the markets, but we would not read too much into them. In contrast, the decision to prolong the “temporary”... 15th July 2009 · 1 min read
Europe Economic Outlook Trailing behind (Q3 2009) On the whole, signs of recovery have been less convincing in Europe than elsewhere. A relatively cautious policy stance and the delayed effects of the credit crunch suggest that the euro-zone, in... 14th July 2009 · 1 min read
Asia Economics Update Singapore is back but recovery to fade Asia’s first Q2 GDP release showed Singapore surged out of recession, and is likely to be followed soon by stronger GDP data from elsewhere in the region. Singapore’s recovery should continue but... 14th July 2009 · 1 min read
Europe Commercial Property Update Boost to industrial production not enough to prevent rental decline May’s industrial production data releases for emerging Europe suggest the worst of the sector’s declines may have passed. On the face of it this is good news for industrial property markets. But, as... 14th July 2009 · 1 min read
