China Economics Update Should China force a renminbi depreciation? A sizeable depreciation of the renminbi against the dollar would be provocative during a global slump and might do little to help China’s economy. 4th December 2008 · 1 min read
Global Markets Update New bond forecasts – the rally has much further to go 3rd December 2008 · 1 min read
Europe Chart Pack Recession spreads to services Recent data suggest that the euro-zone economic downturn is gathering pace. Not only do the latest business surveys point to further steep falls in industrial output, but they also indicate that... 3rd December 2008 · 1 min read
Asia Chart Pack China - Will the stimulus come too late? (Dec 08) A run of poor data and doubts about the effectiveness of the government’s stimulus plans have prompted us to cut our 2009 GDP growth forecast for China from 8% to 7%. Admittedly, the government’s... 3rd December 2008 · 1 min read
Europe Data Response Euro-zone Retail Sales (Oct.) & Final Composite PMI (Nov.) 3rd December 2008 · 1 min read
UK Housing Market Chart Pack Substantial house price falls still to come in 2009 (Dec 08) 3rd December 2008 · 1 min read
Asia Economics Update Thailand slipping into recession, rates to fall to 1% Today’s decision by the Bank of Thailand to cut official rates by a larger-than-expected 100bp to 2.75% is likely to be the first of a series of moves by the central bank to counter the possibility of... 3rd December 2008 · 1 min read
Europe Economics Update Economic fundamentals to keep bond spreads elevated The recent surge in the spread between peripheral euro-zone government bond yields and the equivalent German yield is to a large part down to rising risk aversion in the financial markets. But the... 2nd December 2008 · 1 min read
Europe Data Response Euro-zone Producer Prices (Oct.) & Spain Unemp. (Nov.) 2nd December 2008 · 1 min read
UK Commercial Property Data Response Mergers/acquisitions (‘08Q3) & CIPS construction (Nov ’08) 2nd December 2008 · 1 min read
UK Economics Chart Pack Policymakers step up a gear The last month has seen UK policymakers take more aggressive action to stop the recession from turning into a depression. November’s 150bps cut in interest rates to 3% left them at a 57-year low. And... 2nd December 2008 · 1 min read
