Asia Economics Update Korean rates still headed for 4.50% Today’s decision by the Bank of Korea (BoK) to hold the official 7-day repo rate at 5.00% reflected concerns about oil price-induced inflation and the still relatively high liquidity levels in the... 8th May 2008 · 1 min read
UK Economics Update MPC's caution points to deeper downturn The MPC‘s inaction today confirms that inflation concerns are still hindering the Committee’s ability to respond to the ever-gloomier news on activity. The result will be a deeper and longer downturn... 8th May 2008 · 1 min read
UK Economics Update MPC's caution points to deeper downturn The MPC‘s inaction today confirms that inflation concerns are still hindering the Committee’s ability to respond to the ever-gloomier news on activity. The result will be a deeper and longer downturn... 8th May 2008 · 1 min read
UK Housing Market Focus The outlook for residential rents Poor levels of affordability, tight lending criteria, and further expected capital losses on houses, imply both strong growth in the demand for rental accommodation and limited growth in supply... 8th May 2008 · 1 min read
UK Economics Update Holiday spending to take a break The foreign travel industry has recently sounded relatively upbeat about its ability to weather a consumer slowdown, arguing that people consider holidays a necessity, rather than luxury. However, a... 8th May 2008 · 1 min read
UK Economics Update Holiday spending to take a break The foreign travel industry has recently sounded relatively upbeat about its ability to weather a consumer slowdown, arguing that people consider holidays a necessity, rather than luxury. However, a... 8th May 2008 · 1 min read
Emerging Europe Economics Focus Is the improvement in the Czech public finances sustainable? The remarkable improvement in the Czech public finances since the early part of this decade is unlikely to be sustained over the next couple of years. In fact, we think that the fiscal deficit could... 8th May 2008 · 1 min read
Europe Chart Pack Surveys take a turn for the worse Evidence of a moderate slowdown in euro-zone economic activity has mounted in the past month, with even those survey indicators that were previously most optimistic taking a turn for the worse. After... 7th May 2008 · 1 min read
Europe Economics Update Economic outlook to keep Club Med bond spreads elevated The narrowing in the spread between Club Med and German government bond yields over the past month is an encouraging sign that things could be returning to normal in the euro-zone bond markets. But... 7th May 2008 · 1 min read
Asia Economics Focus Has Asia really escaped the subprime crisis? The Asian financial system has so far proved to be fairly resilient to the US subprime crisis. Asian exposure to opaque asset-backed securities has been well below that of other (primarily Western)... 7th May 2008 · 1 min read
UK Commercial Property Focus Do commercial property derivatives have predictive power? Commercial property derivative (CPD) pricing data provide a useful steer on the general mood and sentiment of the commercial property investment fraternity. 7th May 2008 · 1 min read