UK Economics Update Finally, some light at the end of the mortgage market tunnel At last, some rare good news for the housing market. Together, the bank recapitalisation plan and the 0.5% cut in official policy rates suggest that policy makers have now realised that drastic action... 8th October 2008 · 1 min read
UK Commercial Property Focus Is commercial property now fairly valued? At recent levels of bond yields, taking a view over 10 years or more, a plausible central case is that fair-value property yields are about 6%. But because the immediate outlook for rents is poor, for... 8th October 2008 · 1 min read
Asia Economics Update China steals the show as Japan stays on hold One of the many talking points from today’s coordinated cuts in global interest rates is the fact that China quickly followed, whereas Japan left rates on hold. As it happens, the inaction from Japan... 8th October 2008 · 1 min read
UK Economics Update Finally, some light at the end of the mortgage market tunnel At last, some rare good news for the housing market. Together, the bank recapitalisation plan and the 0.5% cut in official policy rates suggest that policy makers have now realised that drastic action... 8th October 2008 · 1 min read
UK Housing Market Update Finally, some light at the end of the mortgage market tunnel At last, some rare good news for the housing market. Together, the bank recapitalisation plan and the 0.5% cut in official policy rates suggest that policy makers have now realised that drastic action... 8th October 2008 · 1 min read
Europe Data Response German Industrial Production (Aug.) & EZ GDP (Q2, Final) 8th October 2008 · 1 min read
Global Economics Update Global interest rates have much further to fall Today’s coordinated half-point rate cuts from all the major central banks (except Japan, where rates were already just 0.5%) are clearly welcome and may provide a temporary boost to confidence. But we... 8th October 2008 · 1 min read
Europe Economics Update European interest rates to fall much further Today’s co-ordinated interest rate cuts by European central banks clearly demonstrate a determination to provide short-term stability to financial markets. As economic conditions continue to... 8th October 2008 · 1 min read
Emerging Europe Economics Update How will policymakers respond to ECB rate cuts? 8th October 2008 · 1 min read
Capital Daily Recapitalisation would only give bank stocks a temporary boost 8th October 2008 · 1 min read
UK Economics Update First step on the path to historically low rates Today’s 50bps cut in UK interest rates, alongside similar moves from a number of other central banks, is likely to mark the start of a phase of aggressive monetary easing. We continue to expect UK... 8th October 2008 · 1 min read
UK Economics Update Bank recapitalisation won’t transform economic outlook The Government’s reported plans to inject additional capital into some of the UK’s largest banks are unlikely to prevent a major slowdown in the growth of bank lending to households and companies from... 7th October 2008 · 1 min read
Europe Economics Update Iceland’s latest measures no silver bullet for the economy The Icelandic authorities are fighting tooth and nail to restore confidence in the ailing economy and crumbling banking system. But it seems inevitable that the economy is set for a prolonged slowdown... 7th October 2008 · 1 min read
