ECB Watch Maintaining narrow focus on bank lending The ECB looks almost certain to leave interest rates on hold at 1.0% this month, where we expect them to remain until at least the end of 2010. There is little hope that any new unconventional policy... 25th June 2009 · 1 min read
Asia Economics Update Chinese demand no panacea for Taiwan Taiwanese interest rates have probably bottomed out. But despite optimism about improving economic relations with China, weaknesses closer to home are likely to keep rates at their current level for a... 25th June 2009 · 1 min read
Emerging Europe Economics Update Too soon to call the end of the Czech easing cycle 25th June 2009 · 1 min read
UK Commercial Property Chart Pack Recession likely to end this year, but property will lag behind (Jul 09) 25th June 2009 · 1 min read
Emerging Europe Economic Outlook Eventual recovery to expose sharp country divisions (Q2 2009) A modest improvement in the outlook for Western Europe means that some countries in Emerging Europe - notably Poland, Turkey and the Czech Republic - could now see a return to positive growth in Q1 of... 25th June 2009 · 1 min read
Asia Economics Update Is Japan's export recovery already faltering? The renewed acceleration in the pace of decline in Japanese exports in May on a year-on-year basis has raised concerns that the fledgling recovery is already faltering. However, a closer look at the... 24th June 2009 · 1 min read
Europe Economics Update German fiscal rule is not as damaging as it seems The German Government’s recent introduction of a law requiring a balanced budget from 2016 has prompted much debate over just how harmful it might be. Our view is that, while the law might place... 24th June 2009 · 1 min read
Emerging Europe Economics Update Equity market sell-off could have further to run 24th June 2009 · 1 min read
Global Economics Update What's happening to world trade? World trade may be close to stabilising after the unprecedented slump that began last September, but there are few signs yet of a meaningful recovery. We now expect merchandise trade volumes to fall... 24th June 2009 · 1 min read
Emerging Europe Economics Update Polish rates cut as expected but pace of easing to be slow 24th June 2009 · 1 min read
