UK Commercial Property Data Response Commercial property investment (Nov) October’s surprise jump in UK commercial property investment was not sustained. The value of investment fell markedly in November and is likely to continue on a downward trend as investor demand... 11th December 2015 · 1 min read
China Data Response Bank Lending & Broad Credit (Nov.) Today’s data remain consistent with our view that policy easing is helping to buoy credit growth. 11th December 2015 · 1 min read
Africa Economic Outlook Grim outlook for major economies, optimism elsewhere Growth in Sub-Saharan Africa’s two largest economies (Nigeria and South Africa) will remain depressed in 2016 but we expect better performances from the region’s smaller markets. Nigeria’s oil-focused... 11th December 2015 · 1 min read
Latin America Economics Update Peru rate hike another step in gradual tightening cycle The Central Reserve Bank of Peru’s decision to follow up September’s surprise interest rate hike with a second 25bp hike, to 3.75%, shows that policymakers are still concerned about the persistence of... 11th December 2015 · 1 min read
UK Housing Market Chart Pack London Housing Chart Book Boroughs with the highest prices continue to see the slowest price growth and the biggest falls in transactions. That said, with Outer London prices rapidly closing the gap with the centre, it shouldn... 11th December 2015 · 1 min read
Emerging Europe Chart Pack 2015: A year of divergence Economic performances have diverged markedly across Emerging Europe this year, due in large part to the collapse in oil prices. Lower energy costs have kept inflation low in Central and South Eastern... 11th December 2015 · 1 min read
Japan Economics Weekly Government eyes nursing to revive growth One of the government’s latest measures to promote growth is a proposal to increase the number of nursing home beds so that fewer workers quit their jobs to take care of family members. The plan could... 11th December 2015 · 1 min read
Australia & New Zealand Economics Weekly Falling further away from fiscal surplus In the upcoming fiscal update, the Australian Treasurer is going to have to admit that the cumulative budget deficit over the next four years is going to be some $30bn bigger than expected in May’s... 11th December 2015 · 1 min read
Europe Commercial Property Update Dublin industrial total returns set to overtake office and retail The outlook for Dublin industrial rental growth is supported by the fact that supply conditions are tighter than the 15% vacancy rate alone might suggest. And with ample scope for yield compression as... 10th December 2015 · 1 min read
Latin America Data Response Colombia GDP (Q3) The modest pick-up in Colombian GDP growth suggests that the economy is coping relatively well with the significant terms of trade shock from lower oil prices and growth looks set to be a respectable... 10th December 2015 · 1 min read
OPEC Watch OPEC production driven higher by Iraq OPEC production rebounded in November, led by Iraq, which will only add to the glut of oil in the market. Even though demand is set to grow by over 1m bpd next year and non-OPEC supply should fall... 10th December 2015 · 1 min read
Commodities Update Strong competition to drag grain & soybean prices lower The combination of ample global supplies and strength in the US dollar have weighed on corn, wheat and soybean prices this year. With the likelihood of additional exports from Argentina, we think... 10th December 2015 · 1 min read
Industrial Metals Update Taking stock of 2015 2015 may not be quite over, but this year’s trends in exchange inventories of key industrial metals are clear. For the most part, stocks have fallen, not so much because of strong demand but because... 10th December 2015 · 1 min read
Emerging Markets Economics Chart Pack EM currencies stable as Fed lift-off approaches Relative calm in most EM currencies over the past month (the Colombian peso and Russian ruble being the obvious exceptions) supports our view that emerging markets are generally well placed to... 10th December 2015 · 1 min read
China Economics Update What to expect in 2016 Sentiment on China’s economic outlook remains downbeat with most anticipating a deeper downturn next year. In contrast, we think developments could surprise to the upside. 10th December 2015 · 1 min read
