UK Economics Update January pay round should again pass without event The latest information on pay settlements suggests that workers are gaining the upper hand in pay bargaining. But while the risk of a substantial pick-up in pay growth is the biggest in a few years... 4th January 2008 · 1 min read
Global Markets Update What next for oil and gold? Despite the latest spikes in both, we are sticking with our end-2008 forecasts of $75pb for the price of Brent crude and $850/oz for gold. There are good reasons not to get carried away in either... 3rd January 2008 · 1 min read
Europe Economics Update Spanish inflation to squeeze household spending Spanish CPI inflation surged to 4.3% in December, its highest rate in over 12 years. The widespread system of indexing wage settlements to inflation in Spain should ultimately protect workers’ incomes... 3rd January 2008 · 1 min read
US Employment Report Preview Labour market conditions have worsened considerably 3rd January 2008 · 1 min read
ECB Watch Hawkish stance to soften in H2 Concerns about the inflation outlook in the eurozone are likely to keep the ECB firmly in hawkish mood in the early months of 2008. But slowing activity, falling overseas interest rates and the... 3rd January 2008 · 1 min read
BoE Watch Another nail-biter After a nail-biter in December, January’s interest rate decision is shaping up to be just as close. The Monetary Policy Committee (MPC) seems pretty certain that rates need to fall significantly... 3rd January 2008 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions, 2007Q4 3rd January 2008 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions, 2007Q4 3rd January 2008 · 1 min read
UK Commercial Property Data Response CIPS Report on Construction (Dec.) 3rd January 2008 · 1 min read
Europe Chart Pack Inflation worries boost interest rate expectations The recent combination of rising inflation, hawkish signals from the ECB and some fall in interbank interest rates has led the markets to price back in a significant chance of a final rise in interest... 3rd January 2008 · 1 min read
UK Economics Update Surging oil price won't stop interest rates falling a long way The rise in the oil price close to, and briefly through, the $100 per barrel level has prompted renewed concern over inflation. But the equally worrying implications for activity suggest that the... 3rd January 2008 · 1 min read
