Asia Economics Weekly Japanese sentiment indicators still in recession territory 7th June 2009 · 1 min read
Europe Commercial Property Update Euro-zone prime office yield convergence: a temporary phase? Since mid-2007, the yield gap for prime office property in five of the euro-zone’s larger office markets has narrowed sharply. To us, this convergence suggests that, to date, investors have not placed... 5th June 2009 · 1 min read
Latin America Economics Update Further cuts likely, but pace of easing set to slow While Latin America’s economy is no longer in freefall, growth concerns continue to dominate policymakers’ agenda. Accordingly, further cuts in interest rates look inevitable. We are sticking to our... 5th June 2009 · 1 min read
Europe Economics Update ECB does the bare minimum By leaving interest rates on hold and simply revealing the details of previously announced modest covered bond purchases, the ECB did the least that might have been expected today. Accordingly, the... 4th June 2009 · 1 min read
UK Economics Update MPC holds fire for now, but more QE probably ahead The MPC’s decision to pause today was no surprise in the light of the announcement only last month to extend quantitative easing and recent signs of improvement in the economic data. But we still... 4th June 2009 · 1 min read
UK Economics Update MPC holds fire for now, but more QE probably ahead The MPC’s decision to pause today was no surprise in the light of the announcement only last month to extend quantitative easing and recent signs of improvement in the economic data. But we still... 4th June 2009 · 1 min read
Latin America Economics Focus How can Venezuela cope with the fall in oil revenues? The decision of Venezuela’s President Hugo Chavez to nationalise more than 60 firms last month, including a Spanish bank, is a clear response to the effect that the collapse of oil prices has had on... 4th June 2009 · 1 min read
Europe Economics Update Trade finance - still costly and hard to get The collapse in euro-zone exports in Q1 – and indeed in Q4 last year – was greater than would be expected from the decline in global demand. Anecdotal evidence suggests that the drying up of trade... 4th June 2009 · 1 min read
