Asia Economics Update India’s central bank pauses for breath, cuts to resume shortly Today’s decision by the Reserve Bank of India (RBI) to leave policy rates on hold was widely expected after recent actions proved successful in calming India’s money markets. Nonetheless, with... 24th October 2008 · 1 min read
Japan Chart Pack First to recover as global inflation shock fades (Oct 08) The Japanese economy may already be in technical recession, but we expect the downturn to be relatively short-lived and shallow. Sharp falls in inflation will boost real incomes, while Japan has... 24th October 2008 · 1 min read
DM Markets Chart Pack The yen stands tall (Oct 08) The threat of financial market meltdown has receded in the wake of plans for bank recapitalisation, but investors’ concerns have simply shifted onto the unfolding global recession. As risk aversion... 23rd October 2008 · 1 min read
UK Economics Chart Pack Recession underway (Oct 08) The official measure of retail sales is at least now moving in the same direction as the gloomy survey evidence. All of the main indicators therefore now show a sharp slowdown in high street demand... 23rd October 2008 · 1 min read
Asia Economics Focus What’s really happening to Japanese wages? A closer look at different measures of wages growth in Japan shows that, contrary to most analysis, the economic recovery in recent years has not been a “wageless” phenomenon. Even continued modest... 23rd October 2008 · 1 min read
Europe Economics Update Swedish interest rates to fall to 3.0% by mid 2009 The decision by the Swedish Riksbank to cut interest rates to 3.75%, the second 50 basis points cut this month, clearly shows that the Bank’s full attention is now on preventing a major economic... 23rd October 2008 · 1 min read
Europe Data Response French Consumer Spending (Sep.) & Business Confidence (Oct.) 23rd October 2008 · 1 min read
UK Housing Market Outlook The recession will accelerate the housing market correction (Q4 2008) The housing market correction is unfolding with unprecedented speed. Yet, with the economy heading for a recession lasting for at least two years, house price falls will intensify in 2009. 23rd October 2008 · 1 min read
Nordic & Swiss Economics Update Swedish interest rates to fall to 3.0% by mid 2009 The decision by the Swedish Riksbank to cut interest rates to 3.75%, the second 50 basis points cut this month, clearly shows that the Bank’s full attention is now on preventing a major economic... 23rd October 2008 · 1 min read
