UK Housing Market Chart Pack Signs of a floor for mortgage approvals and sales Last month brought some signs that the dip in mortgage approvals and transactions seen during the first six months of 2017, may have come to an end. But house prices are high in relation to incomes... 4th September 2017 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Aug.) Unlike the manufacturing sector, construction activity failed to rebound in August. And within the total, activity in the commercial sector contracted for the second consecutive month. Therefore, it... 4th September 2017 · 1 min read
Africa Economics Update Nigeria & South Africa: Key economies bounced back in Q2 GDP figures due out Tuesday will probably show that the Nigerian & South African economies returned to growth in Q2. Indeed, we think that both countries will perform better than most expect this year... 4th September 2017 · 1 min read
Emerging Markets Economics Update EM manufacturing still going strong in Q3 Last month’s PMIs suggest that conditions in EM manufacturing sectors improved in Q3, supported by most of the major BRIC economies. 1st September 2017 · 1 min read
US Economics Weekly Can Trump hit the 3% growth target after all? The upward revisions to second-quarter GDP growth, which is now estimated to have been 3.0% annualised, suggest that the ambitious growth targets set by the White House may already have been achieved... 1st September 2017 · 1 min read
Global Economics Update Global Manufacturing PMI (Aug.) Global manufacturing continued to expand strongly in August, according to the latest PMIs, adding to evidence that global growth held up well in Q3. 1st September 2017 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Aug.) Euro-zone peripheral economies largely continued to improve their budget positions in July, with Ireland once again making the most progress. Portugal too is faring reasonably well. But Greece’s and... 1st September 2017 · 1 min read
Canada Economics Weekly GDP growth bound to slow after blazing pace in H1 Although the real economy grew strongly over the first half of this year, that growth still appears to be overly dependent on the heavily indebted household sector. That arrangement was possible when... 1st September 2017 · 1 min read
US Data Response ISM Manufacturing (Aug.) The rebound in the ISM manufacturing index to a six-year high in August illustrates that, despite the softer pace of payroll employment growth, activity continued to expand at a healthy pace last... 1st September 2017 · 1 min read
UK Economics Update Brexit Watch: Stand-off continues This week’s third round of negotiations saw some limited progress. But the overriding sense from yesterday’s press conference was that Britain is still seeking to negotiate outside the format imposed... 1st September 2017 · 1 min read
Capital Daily Treasury yields likely to rise despite underwhelming payrolls 1st September 2017 · 1 min read
Commodities Weekly China data support metals rally The prices of most commodities rose this week. Another set of strong manufacturing PMIs in China supported industrial metals prices whilst a flare-up in tensions between the US and North Korea boosted... 1st September 2017 · 1 min read
US Data Response Employment Report (Aug.) August’s employment report was disappointing across the board but given the potential seasonal problems – with weak initial readings in August subsequently revised higher in previous years – it isn’t... 1st September 2017 · 1 min read
Europe Commercial Property Update Increasing focus on high streets boosts prime rents in Lisbon Retailers in Lisbon are currently benefiting from a number of tailwinds. With occupiers focusing more on high street locations and limited prime vacancy, we have revised up our rental growth forecasts... 1st September 2017 · 1 min read
Latin America Data Response Brazil GDP (Q2) Growth in Brazil slowed in the second quarter of this year, but this was always likely given the weak carryover from the end of the first quarter. The big picture here is that there is no sign that... 1st September 2017 · 1 min read
UK Economics Weekly Does rising corporate borrowing point to stronger investment? The latest business investment figures were undeniably disappointing, with quarterly growth flat-lining in Q2. But this week’s money and credit figures, which showed another strong rise in net finance... 1st September 2017 · 1 min read
