Europe Economics Update German consumer confidence not as weak as it looks Surveys of German consumer sentiment have diverged markedly lately, with the EC survey pointin to very sharp falls in spending but the GfK version broadly consistent with stagnation. We think that the... 20th May 2009 · 1 min read
Asia Chart Pack China - Still waiting for a rebound (May 09) A mixed set of data over the past month has dampened hopes that rapid recovery is already underway in China. Reported investment growth is rising, yet sales of key investment inputs such as steel... 20th May 2009 · 1 min read
Asia Economics Update Bank of Thailand ends easing cycle too early The Bank of Thailand (BOT) left its 1-day repo rate on hold at 1.25% today, against our and consensus expectations for a 25bps cut. The weakness of domestic demand and the spectre of sustained... 20th May 2009 · 1 min read
Latin America Economics Update Venezuela's economy on the brink of recession 20th May 2009 · 1 min read
Global Economics Focus Lessons from the Nordic financial crises of the 1990s The Nordic authorities’ handling of the early 1990s banking crises has since been hailed as being close to best practice. Nonetheless, given that a global economic upturn was a key factor behind the... 20th May 2009 · 1 min read
Europe Economics Focus Lessons from the Nordic financial crises of the 1990s The Nordic authorities’ handling of the early 1990s banking crises has since been hailed as being close to best practice. Nonetheless, given that a global economic upturn was a key factor behind the... 20th May 2009 · 1 min read
Emerging Europe Economics Update Russian economy could contract by more than 10% this year 20th May 2009 · 1 min read
Nordic & Swiss Economics Focus Lessons from the Nordic financial crises of the 1990s The Nordic authorities’ handling of the early 1990s banking crises has since been hailed as being close to best practice. Nonetheless, given that a global economic upturn was a key factor behind the... 20th May 2009 · 1 min read
Global Markets Update Is the de-dollarisation of trade a threat to the US currency? 19th May 2009 · 1 min read
Europe Commercial Property Update First signs of improving investment markets in Western Europe? The latest RICS snapshot of global property markets offered some tentative hope that the pace of the correction in Western Europe might soon begin to moderate as improving investor demand helps to put... 19th May 2009 · 1 min read
UK Economics Update Corporate bond issuance won't plug the lending gap The recent pick-up in corporate bond issuance suggests that, even though banks remain reluctant to lend, companies are managing to access funds from elsewhere. However, it looks unlikely that higher... 19th May 2009 · 1 min read
Emerging Europe Economics Update Pick-up in inflation to prompt pause in easing cycle (May 09) Inflation data have surprised on the upside in both Poland and Hungary in recent months, due in large part to recent currency weakness. But the bigger picture is that the pick-up in inflation in both... 19th May 2009 · 1 min read
