Emerging Europe Economics Update Currency weakness to prompt hike in Hungary (Feb 08) The focus this month will be on Hungary, where a recent drop in the forint could prompt a 50bps hike in interest rates. Elsewhere, another 25bps cut is possible in Turkey depending on currency... 19th February 2008 · 1 min read
UK Economics Update Chancellor to confess to breaking the rules As Northern Rock’s £100bn of liabilities have already been taken onto the Government’s books, nationalisation does not change anything from an accounting point of view. However, it does mean that the... 18th February 2008 · 1 min read
Global Markets Update Winter delays the easing of oil prices, for now Concerns about supply and strong winter demand have pushed Brent crude back above $95 per barrel (pb). However, the International Energy Agency’s (IEA) downward revision to demand forecasts and... 15th February 2008 · 1 min read
US Data Response Consumer Conf. & Empire State (Feb), Ind. Prod. (Jan) 15th February 2008 · 1 min read
UK Economics Update Should the Budget lower stamp duty to revive the housing market? Speculation is mounting that the Chancellor might ultimately decide to follow the US lead and deliver a fiscal stimulus to the economy. With the housing market in the doldrums, and first time buyer... 15th February 2008 · 1 min read