Europe Economics Update Sharper euro-zone slowdown to push rates down to 2%. We have cut our forecasts for GDP growth and interest rates in the euro-zone alongside those in other areas. But we still believe that the region’s relative lack of major economic imbalances point to... 7th October 2008 · 1 min read
UK Housing Market Chart Pack Rate of house price falls show no signs of easing (Oct 08) 7th October 2008 · 1 min read
Global Markets Focus Commodity prices have much further to fall We think that oil prices will decline to $80 per barrel in the coming weeks and perhaps as low as $50 in the coming year. Agricultural commodity prices could still drop by as much as a third from... 7th October 2008 · 1 min read
Asia Economics Update Bank of Japan on hold for a while yet The Bank of Japan’s willingness to cut interest rates even further from already exceptionally low levels, combined with the prospect of outright declines in both economic activity and prices, suggests... 7th October 2008 · 1 min read
Asia Economics Update Australia leading the way on rate cuts Today’s surprisingly large 100 basis points (bp) rate cut by the Reserve Bank of Australia (RBA) from 7.00% to 6.00% (consensus 50bp), may be the first in a series of aggressive moves from the world’s... 7th October 2008 · 1 min read
Nordic & Swiss 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
Asia Economics Update Credit crisis prompts India to loosen monetary stance Today’s surprise announcement by the Reserve Bank of India (RBI) of a 50 basis point (bp) cut in the cash reserve ratio is the latest indication that the country is not immune to the global financial... 6th October 2008 · 1 min read
UK Economics Chart Pack Financial crisis plumbs new depths The economic news took a backseat over the last month as the financial crisis intensified. The interbank markets froze, a number of banks on both sides of the Atlantic failed and governments stepped... 6th October 2008 · 1 min read
UK Economics Update Forecast change: UK interest rates heading for 2.5%. Recent developments in the UK and global economies and banking sectors suggest that UK interest rates are going to have to fall even further than we had thought. We now expect rates to fall to 2.5%... 6th October 2008 · 1 min read
Europe Economics Update German deposit guarantee a blow to government finances The German banking sector guarantee provides further confirmation that governments will do all that they can to protect households’ deposits. Although such measures should help to gradually restore... 6th October 2008 · 1 min read
US Economics Weekly Growing signs of economic distress to prompt Fed into action 6th October 2008 · 1 min read
