UK Economics Update Brexit Watch: Fading red lines? The UK Government’s stated Brexit “red lines” appear to have faded further judging by the latest batch of position papers. However, the lack of a formal UK position on the financial settlement risks a... 25th August 2017 · 1 min read
UK Housing Market Chart Pack London Housing Chart Book: London’s stagnation set to continue London’s economy has not escaped the national slowdown, and high house prices are also weighing on demand. There have been tentative signs of renewed price growth in central London, but it is too soon... 25th August 2017 · 1 min read
US Economics Weekly Household debt not a concern Household debt levels may now exceed their pre-crisis peaks in dollar terms but, more importantly, debt remains at an easily manageable level relative to disposable incomes and, after factoring in low... 25th August 2017 · 1 min read
US Data Response Durable Goods (Jul.) The big drop in headline durable goods orders in July is nothing to worry about, since it was entirely due to a drop back in orders in the volatile aircraft category. The more important news was that... 25th August 2017 · 1 min read
Latin America Economics Update Brazil privatisation plans give stocks an extra boost Financial markets in Brazil had already had a good month, but this week’s news that the government plans to privatise a host of state-controlled enterprises has helped to push the equity market to a... 25th August 2017 · 1 min read
Canada Economics Weekly Households still living the high life Household consumption grew very strongly in the second quarter, supported by a further decline in the household saving rate and an acceleration in household borrowing. In the tougher banking... 25th August 2017 · 1 min read
Europe Economics Weekly Economy shrugs off stronger euro for now Although the euro’s strength does not appear to have had an adverse impact on the euro-zone economy so far, this may not last. After all, unless the currency’s recent appreciation is reversed, it... 25th August 2017 · 1 min read
UK Economics Weekly Time to give up on a boost from trade? Almost two years on from the start of sterling’s Brexit-related slide, the effects on net trade have been disappointing. Since the pound’s fall, net trade has actually detracted from growth as opposed... 25th August 2017 · 1 min read
Global Trade Monitor Trade momentum still strong, despite Trump The latest esimates of world trade volumes reinforce the impression that global trade has coninued to expand rapidly in recent months. What’s more, the most timely indicators of freight traffic and... 25th August 2017 · 1 min read
Asia Economics Weekly Exports to continue supporting regional growth Economic growth held up well across most of Emerging Asia last quarter. Poor prospects for domestic demand mean growth has probably already peaked in many countries, but with exports likely to remain... 25th August 2017 · 1 min read
Europe Data Response German Ifo (Aug.) & GDP Breakdown (Q2) Despite August’s small fall, German Ifo business sentiment remains buoyant and points to strong growth ahead. 25th August 2017 · 1 min read
Africa Economics Update Angola: New president, same problems Angola’s new president inherits an economy that will perform worse than most expect in 2017. High levels of FX debt and shaky government finances raise the significant risk of a painful debt crisis. 25th August 2017 · 1 min read
Europe Commercial Property Update Softer demand isn’t a disaster for German office rents A slowdown in German employment growth is set to take to the edge off office occupier demand growth. But with supply staying tight, prime office rental growth will ease, rather than grind to a halt. 25th August 2017 · 1 min read
Australia & New Zealand Economics Weekly How will New Zealand’s election affect its economy? The general election in New Zealand could have a bigger influence on the economy than seemed possible a few weeks ago. If National needs the support of NZ First to form a majority government then the... 25th August 2017 · 1 min read
US Housing Market Update Worsening affordability not to blame for subdued home sales The average monthly mortgage payment has reached a nine-year high at the same time as home sales have stalled, but we doubt the first is causing the second. The fact home sales are being agreed in... 24th August 2017 · 1 min read
