Energy Chart Pack No New Year cheer for energy commodities Negative sentiment towards commodities in general, high stocks, a warm start to winter in the US and renewed fears about the Chinese economy have all contributed to the downward pressure on the prices... 22nd January 2016 · 1 min read
Latin America Data Response Brazil IPCA-15 (Jan.) Today’s Brazilian inflation data, which showed that the headline rate held steady at 10.7% y/y in the first half of January, are likely to give policymakers at the central bank another reason to hold... 22nd January 2016 · 1 min read
Asia Economics Weekly Asia well-placed to ride out financial market storms Global markets have had a rocky start to the year with equities, emerging market currencies and oil bearing the brunt of the declines. The stock market falls are unlikely to have much of an impact on... 22nd January 2016 · 1 min read
UK Commercial Property Update Are real estate equities signalling an imminent correction? The recent slump in real estate equity prices appears to be signalling that a 6% fall in all-property capital values could be in store for H1 2016. However, we are confident that job creation and... 22nd January 2016 · 1 min read
UK Data Response Public Finances & Retail Sales (Dec.) While the latest figures brought some better news on the public finances, the Chancellor still looks likely to overshoot his target this year. Meanwhile, despite the sharp fall in retail sales in... 22nd January 2016 · 1 min read
Precious Metals Update Platinum price to recover despite emission scandal News that Renault failed emission tests on some vehicles has weighed on the price of platinum over the past few days. However, we think that sentiment towards platinum is excessively negative at the... 22nd January 2016 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jan.) January’s decline in the euro-zone Composite PMI suggests that the economy got off to a slow start this year. With the twin boosts from previous sharp falls in oil prices and the euro set to fade, a... 22nd January 2016 · 1 min read
Europe Commercial Property Focus Is property in Lisbon overvalued? Lisbon has been highlighted as one of Europe’s top cities for investment prospects this year. Yet property yields are already at record lows. And as Portugal’s weak economic fundamentals limit the... 22nd January 2016 · 1 min read
UK Housing Market Update How will prime central London perform in 2016? Falling oil prices and growing uncertainty about the global economic outlook point to a lacklustre year for prime central London housing. Indeed, having already slowed sharply, prices in the most... 22nd January 2016 · 1 min read
Japan Economics Weekly Limited boost to corporate profits from cheaper oil Corporate profits have not risen much in response to lower prices of energy and other raw materials, as the gains have been highly concentrated in a few sectors. Looking ahead, the recent appreciation... 22nd January 2016 · 1 min read
India Chart Pack Sensex slumps to pre-Modi levels The past month has seen India's benchmark Sensex stock index drop to its lowest level since the inauguration of Prime Minister Modi in May 2014. The latest slump is linked to the global equity sell... 22nd January 2016 · 1 min read
Asia Economics Update Some respite for Korea’s export sector in 2016 A cyclical recovery in China’s economy and free trade agreements that came into force in late 2015 should provide a boost to Korean exports this year. But with Chinese companies making more of the... 22nd January 2016 · 1 min read
Japan Data Response Flash Manufacturing PMI (Jan.) The manufacturing PMI remained strong in January and suggests that economy activity continued to recover at a solid pace. 22nd January 2016 · 1 min read
Australia & New Zealand Economics Weekly Will Australia join New Zealand in the near-deflation club? The higher starting point means that inflation in Australia is unlikely to fall close to zero, as it has done in New Zealand. That said, underlying or “core” inflation in Australia may soon follow in... 22nd January 2016 · 1 min read
DM Valuations Monitor Sterling still looks overvalued Sterling has been amongst the worst performing major currencies over the last month, falling by a similar amount as the Canadian, Australian and New Zealand dollars, which have all been hit by the... 21st January 2016 · 1 min read
