Japan Economics Update Is the sun rising again in Japan? The improvement in consumer confidence reported this morning is consistent with our view that the Japanese economy could start growing again as early as the current quarter. Admittedly, any recovery... 17th April 2009 · 1 min read
UK Commercial Property Update Industrial rents could fall most in Midlands and Northern England We expect all-industrial rental values to decline by 9% this year and by a further 13% in 2010. However, the experience of the early 1990s suggests that the worst performing regions could see annual... 16th April 2009 · 1 min read
Asia Economics Update China stabilises, but recovery set to disappoint Growth may have bottomed out in the first quarter but with private sector and overseas demand still weak, China will not emerge from this downturn as rapidly as it went in. 16th April 2009 · 1 min read
UK Economics Update More upside for the pound, at least against the euro While some of sterling’s recent strengthening may reflect short-term factors which could be quickly reversed, there are more fundamental reasons to expect the pound to rise, at least against the euro. 16th April 2009 · 1 min read
Emerging Europe Economics Update CBRT surprises again, but pace of easing set to slow 16th April 2009 · 1 min read
China Economics Update China stabilises, but recovery set to disappoint Growth may have bottomed out in the first quarter but with private sector and overseas demand still weak, China will not emerge from this downturn as rapidly as it went in. 16th April 2009 · 1 min read
Latin America Economics Update Peru: Horrific GDP figures signal deep recession 15th April 2009 · 1 min read
Europe Commercial Property Focus The outlook for office markets in European financial centres Of the four main financial hubs of Europe, we think it is Paris that will deliver the best total returns for offices. An annual average of around minus 10% over the next two years will be better than... 15th April 2009 · 1 min read
UK Economics Focus Which parts of consumer spending will recover first? Past experience suggests that durable consumer goods (such as household appliances) will be the first area of consumer spending to turn the corner in this recession, while spending on consumer... 15th April 2009 · 1 min read
UK Markets Chart Pack Outlook still favourable for gilts (Apr 09) We continue to expect 10 year gilt yields to drop to around 2.5% and to remain at those sorts of levels for a prolonged period. While breakeven inflation rates have crept a little higher in response... 15th April 2009 · 1 min read
