UK Commercial Property Data Response IPF Consensus Forecasts (Feb) Compared to the Consensus, our forecasts are skewed towards the bullish end of the spectrum. However, given that we think that economic growth and occupier fundamentals will hold up well and that... 26th February 2016 · 1 min read
Europe Data Response EC Business & Consumer Survey (Feb.) February’s EC consumer and business survey supported the message from other survey indicators that the euro-zone’s economy is slowing. 26th February 2016 · 1 min read
Asia Economics Weekly Improving outlook in Indonesia, but problems persist Indonesia’s economy now looks to be past the worst, but the government will need to make further progress on reform if growth is to break above 5% over the next couple of years. We don’t think it is... 26th February 2016 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jan.) According to the Land Registry, house price growth saw a sizable jump in January. But there is only limited evidence that house prices are responding to the influx of landlord buyers seeking to avoid... 26th February 2016 · 1 min read
Metals Watch Fundamentals pointing to higher gold prices Since the start of 2016, gold has benefited from a resurgence in safe-haven demand on the back of global financial market woes. While the gold price could fall back a bit if, as we expect, the Fed... 26th February 2016 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Feb.) The decline in this month’s Economic Sentiment Indicators (ESIs) for Central and Eastern Europe was disappointing, but the surveys were still strong and point to GDP growth in the region as a whole of... 26th February 2016 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Feb.) February’s consumer confidence figures show that consumers are becoming increasingly concerned about general economic uncertainty. However, they remain upbeat by past standards, and this should help... 26th February 2016 · 1 min read
Japan Economics Weekly Will weak productivity help to reach 2% inflation? Weak productivity developments pose some upside risks to inflation, particularly in services. However, this will be more than offset by the impact of lower consumer import prices on goods inflation... 26th February 2016 · 1 min read
India Economics Update Land laws to remain an economic constraint With markets and commentators focused on what will be unveiled in the FY16/17 budget on Monday, prospects for the rest of the current session of parliament have slipped under the radar. One of the... 26th February 2016 · 1 min read
Asia Chart Pack Philippines presidential election: runners and riders Political campaigning in the Philippines ahead of presidential elections due on 9 th May is now well underway. Grace Poe, an independent candidate and adopted daughter of Fernando Poe, a defeated... 26th February 2016 · 1 min read
Australia & New Zealand Economics Weekly Is the RBA losing the currency war? While it is a bit dramatic to suggest that a global currency war is underway, the falls in interest rate expectations in overseas markets relative to those at home explains why the Australian dollar... 26th February 2016 · 1 min read
Japan Data Response Consumer Prices (Jan.) We estimate that the Bank of Japan’s new favourite inflation measure moderated in January. In light of falling import prices and sluggish economic activity, we think that the slowdown in underlying... 26th February 2016 · 1 min read
Middle East & North Africa Chart Pack Saudi Arabia not about to change tack on oil policy Recent comments from Saudi Arabia’s veteran Oil Minister Ali al- Naimi have dashed hopes that had been growing in some quarters that the Kingdom was about to shift direction on its oil market policy... 25th February 2016 · 1 min read
EM Valuations Monitor Is the pain over for EM currencies? Emerging markets (EM) currencies have enjoyed a renaissance in the past month and, although bumps are likely along the way, we suspect that many will appreciate further against the US dollar over the... 25th February 2016 · 1 min read
Europe Economics Update Political limbo poses growing risk to Spain The latest deal between two Spanish political parties does not guarantee the formation of a government and new elections may take place before long. While the economy has weathered the uncertainty... 25th February 2016 · 1 min read
Emerging Europe Economics Update Price pressures from currency slumps set to fade Sharp falls in currencies pushed up inflation in Emerging Europe and Latin America last year. The impact in Emerging Europe has already started to unwind and we expect the same in Latin America before... 25th February 2016 · 1 min read
