Capital Daily Is another crisis coming, a decade after the last one began? 8th August 2017 · 1 min read
US Housing Market Chart Pack Homeowner vacancy rate falls to 17-year low The latest data on vacancy rates confirms that housing market conditions are tight. Very low inventory levels pushed the homeowner vacancy rate to a 17-year low in the second quarter. That will... 8th August 2017 · 1 min read
Latin America Data Response Chile Consumer Prices (Jul.) Chilean inflation remained below the central bank’s target range in July and the data provided further evidence that underlying price pressure are subdued. Against this backdrop, we continue to expect... 8th August 2017 · 1 min read
UK Economics Focus Will exports and investment pick up the baton? While the fall in the pound hasn’t yet boosted net trade, there are signs that the external sector will soon start making positive contributions to GDP growth. The depreciation should also support... 8th August 2017 · 1 min read
UK Housing Market Chart Pack Slowdown shows no signs of easing With buyer enquiries falling, house price growth slowing and mortgage approvals showing few signs of life, the housing market slowdown is showing few signs of easing. What’s more, long-term... 8th August 2017 · 1 min read
Emerging Europe Economics Focus CEE: Tight labour markets point to more hikes than most expect We think that natural unemployment rates have fallen by 2.5-3.0%-pts in Central & Eastern Europe over the past decade. Even so, actual rates of unemployment are now significantly below these (lower)... 8th August 2017 · 1 min read
Commodities Update Poor start to H2 2017 for China’s commodity imports China’s commodity import volumes were generally weak in July. High stocks of many commodities and growing domestic production dampened demand for imports. What’s more, the prospect of cooling domestic... 8th August 2017 · 1 min read
India Economics Update Drop in food inflation comes to an end We think that consumer price inflation in India held steady in July, as the recent sharp drop in food inflation appears to have come to an end. Further ahead, we agree with the RBI’s view that... 8th August 2017 · 1 min read
UK Data Response BRC Retail Sales Monitor (Jul.) Following yesterday’s weak Visa expenditure data, it was reassuring to see that the BRC’s survey of retailers still points to resilient growth in retail sales volumes. 8th August 2017 · 1 min read
Europe Data Response German & French Trade (Jun.) Although German and French exporters struggled in June, the outlook for trade in both countries remains fairly bright amid strong growth in global demand and, despite its recent appreciation, the... 8th August 2017 · 1 min read
Emerging Europe Data Response Turkey Industrial Production (Jun.) Turkish industrial production data was a little weaker than expected in June, but the figures still suggest that GDP growth in Q2 was probably stronger than in the first quarter of the year. 8th August 2017 · 1 min read
Latin America Data Response Chile IMACEC (Jun.) Chilean economic activity data for June all but confirm that GDP growth rebounded in Q2. And there are tentative signs that a recovery is starting to build outside of the volatile mining sector. 7th August 2017 · 1 min read
Europe Economics Update How big a worry is euroscepticism in Italy? The latest Eurobarometer survey suggested that Italy is one of the most eurosceptic members of the single currency. While there are reasons why an Italian exit from the euro over the next few years is... 7th August 2017 · 1 min read
China Economics Update Broad price pressures set to ease further Consumer prices appear to have risen at their fastest pace last month since February, driven by a rebound in food inflation. Even so, consumer price inflation remains muted and is unlikely to pick-up... 7th August 2017 · 1 min read
China Data Response FX Reserves (Jul.) China’s foreign exchange reserves suggest that outflow pressures eased further last month, which seems to have encouraged the People’s Bank to halt its FX sales entirely. This shift is helping to... 7th August 2017 · 1 min read
