UK Housing Market Data Response Official UK House Price Index (Apr.) The new official UK house price index reported that house price inflation slowed a touch in April. And a new breakdown of the data showed that price pressures were strongest for newbuild homes and... 14th June 2016 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q1) The detailed mortgage lending statistics released by the Bank of England today confirm the surge in activity amongst BTL landlords ahead of the recent stamp duty changes. Yet more significant, perhaps... 14th June 2016 · 1 min read
UK Data Response Consumer Prices & Producer Prices (May) May’s inflation figures showed that price pressures in the economy remain subdued. However, inflation should still gather more pace next year, regardless of which way the EU referendum vote goes next... 14th June 2016 · 1 min read
Europe Data Response Euro-zone Industrial Production (Apr.) Despite April’s strong rise, industrial production is still lower than it was in January. With industrial surveys pointing to subdued growth ahead, it seems unlikely that the euro-zone industrial... 14th June 2016 · 1 min read
Europe Data Response Swedish Consumer Prices (May) Sweden’s inflation rate fell by more than expected in May. With underlying price pressures still largely absent, the Riksbank may well need to take further policy action. 14th June 2016 · 1 min read
Africa Data Response S. Africa Current Account (Q1) & Nigeria Inflation (May) The widening of South Africa’s current account deficit in Q1 will keep pressure on the country’s currency, supporting our view that monetary policy will be tightened. Similarly, higher inflation in... 14th June 2016 · 1 min read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor Our Tracker shows that, having spiked at the start of this year, capital outflows from the emerging world have fallen to almost zero over the past couple of months. 14th June 2016 · 1 min read
UK Commercial Property Update Is the slowdown in investment as dramatic as it seems? Last year’s huge surge in investment activity outside the traditional property sectors has not been replicated this year. But even adjusting for this, we have observed a substantial slowdown in... 14th June 2016 · 1 min read
Commodities Update Uncertain times ahead Commodity price indices have had another strong month, supported by positive investor sentiment and the rally in the oil price. However, sentiment started to sour more recently on mixed data out of... 14th June 2016 · 1 min read
India Data Response Wholesale Prices (May) The sharp rise in wholesale price inflation in May reinforces our view that there is little scope for further monetary loosening. 14th June 2016 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (May 16) Sweden’s inflation rate fell by more than expected in May. With underlying price pressures still largely absent, the Riksbank may well need to take further policy action. 14th June 2016 · 1 min read
OPEC Watch OPEC point to balanced market by the end of the year OPEC’s oil production slipped in May as disruptions to output in Nigeria outweighed increases in production elsewhere. Meanwhile, the group left all of its major forecasts unchanged but suggested that... 13th June 2016 · 1 min read
Capital Daily Brexit would still be a surprise to markets, despite latest polls 13th June 2016 · 1 min read
Latin America Economics Update Peru’s election confirms continuation of market-friendly policy Pedro Pablo Kuczynski’s (PPK) victory in Peru’s presidential election is likely to mean the continuation of the current government’s market-friendly economic policy. While there is a risk that his... 13th June 2016 · 1 min read
US Economics Update Inflation expectations are rising not falling The decline in long-term inflation expectations to a record low in the University of Michigan’s June consumer confidence survey won’t prevent the Fed from raising interest rates, not least because... 13th June 2016 · 1 min read
India Data Response Consumer Prices (May) The rise in India’s consumer price inflation last month pushes it further above the RBI’s target for March 2017. This supports our view that there is no further scope for policy loosening. 13th June 2016 · 1 min read
