Capital Daily Bank of England likely to stick with existing targets for QE 9th April 2009 · 1 min read
UK Economics Focus Budget 2009 Preview - The great borrowing binge goes on Chancellor Alistair Darling faces the unenviable task in his second Budget of trying to offer the economy some much-needed support, whilst at the same time reassuring the markets that the public... 8th April 2009 · 1 min read
Europe Commercial Property Focus The correction will be deepest in emerging Europe We have cut our commercial property forecasts to reflect the increasingly gloomy outlook for noneuro- zone European economies. Capital values are likely to fall by 40% from peak to trough in most non... 8th April 2009 · 1 min read
Asia Economics Update Australian central bank cuts, but rates nearing bottom Australian interest rates were cut again today, but given the central bank’s wait-and-see stance and its relatively upbeat assessment of the outlook, they may not have much further to fall. We are... 7th April 2009 · 1 min read
Asia Economics Update Bank of Japan scrapes the bottom of the barrel The Bank of Japan further widened the range of eligible collateral in its money market operations after its Policy Board meeting today, although it is hard to avoid the feeling that it is now scraping... 7th April 2009 · 1 min read
Japan Economics Update Bank of Japan scrapes the bottom of the barrel The Bank of Japan further widened the range of eligible collateral in its money market operations after its Policy Board meeting today, although it is hard to avoid the feeling that it is now scraping... 7th April 2009 · 1 min read
Asia Economics Update Can Japan afford any more fiscal stimulus (revisited)? Today’s reports that Japan is planning another fiscal stimulus, which will include more than ¥10 trillion (2% of GDP) in additional spending, are little surprise. But they do raise the question of... 6th April 2009 · 1 min read
Global Economics Update Is the loss of capacity a serious inflationary threat? Several commentators have argued that inflation will pick up sooner than generally anticipated as a result of a permanent loss of capacity during the recession. However, it seems just as likely that... 6th April 2009 · 1 min read
