Europe Economics Update Euro not about to collapse Speculation is growing that the euro’s extended rally against the US dollar and UK pound is finally at an end. But with the euro-zone economy in fundamentally better shape than those of the US and UK... 2nd May 2008 · 1 min read
UK Economic Outlook Several years of sluggish spending ahead (Q2 08) Consumer spending remains on course for its sharpest slowdown since the early 1990s. We expect spending to rise by 1.5% in real terms this year and just 1.0% in 2009 – with the main risks to these... 2nd May 2008 · 1 min read
UK Housing Market Update House price indices send a consistent message House price indices differ in their coverage. The Nationwide and Halifax include only sales on which they approve the mortgage, roughly 8% and 20% respectively of the 75% of sales which are... 2nd May 2008 · 1 min read
Asia Chart Pack Japan: GDP growth on course for 2% this year (May 08) Even allowing for a marked slowdown in the second and third quarters, a strong start to the year means that Japanese GDP is still likely to grow by around 2% in 2008. This would be comfortably above... 2nd May 2008 · 1 min read
ECB Watch Rate cuts still some months away We expect the lack of a significant softening in the ECB’s hawkish tone at May’s press conference to confirm that the Bank is unlikely to cut interest rates for some months yet. But as the economy... 1st May 2008 · 1 min read
BoE Watch A brief pause Disagreement on the Monetary Policy Committee (MPC) has intensified between those members who are more worried about the near-term inflation outlook and those whose concerns centre on the weakening... 1st May 2008 · 1 min read
UK Commercial Property Update Bank of England Financial Stability Report, May 2008 Despite some of this morning’s headlines, the main thrust of today’s Financial Stability Report (FSR) was that downside risks to the financial system, property markets and to the broader economy... 1st May 2008 · 1 min read
UK Housing Market Update Bank of England Financial Stability Report, May 2008 Despite some of this morning’s headlines, the main thrust of today’s Financial Stability Report (FSR) was that downside risks to the financial system, property markets and to the broader economy... 1st May 2008 · 1 min read
