Europe Economics Update Outlook remains bleak for the Spanish housing market The latest Spanish house price data revealed that house prices rose solidly in Q4 last year. Nonetheless, other indicators of housing market activity are much less healthy and we continue to expect... 18th January 2008 · 1 min read
Emerging Europe Economics Update Policy tightening set to resume in Poland (Jan 08) The focus this month will be on Poland, where we expect the National Bank to raise interest rates by 25bps in response to rising inflationary pressures. We expect policymakers elsewhere in the region... 18th January 2008 · 1 min read
Global Markets Update Sinking Baltic index warns of end to commodity boom 17th January 2008 · 1 min read
Emerging Europe Economics Update Turkey: Monetary policy approaching a crossroads 17th January 2008 · 1 min read
UK Economics Update Northern Rock another fiscal pinch The probable nationalisation of Northern Rock is unlikely to lead to a clear breach of the Chancellor’s fiscal rules, which apply over the whole economic cycle. Nonetheless, it would further underline... 17th January 2008 · 1 min read
UK Commercial Property Update Real estate equities down 40%: will property prices follow suit? In our view, there is no reason to believe that just because real estate equity prices have fallen by 40% since the start of 2007 IPD capital values will eventually fall by a similar amount. In fact... 17th January 2008 · 1 min read
UK Economics Focus How long will inflation worries linger? Concerns over the outlook for UK inflation look set to linger for some months, limiting the pace at which interest rates fall and increasing the risk that the economic slowdown will prove deeper and... 17th January 2008 · 1 min read
UK Markets Chart Pack Money markets move back towards normal (Jan 08) The recent injections of liquidity by central banks appear to have played a major role in pushing interbank interest rates back towards more normal levels. Three month LIBOR in the UK is now just 10... 17th January 2008 · 1 min read
