ECB Watch ECB may extend QE programme again Recent news on the economy has reduced the pressure on the European Central Bank (ECB) to provide further policy stimulus at its forthcoming policy meeting on 8th September. But the weakness of price... 1st September 2016 · 1 min read
Europe Commercial Property Update Paris office rents on course to surpass consensus forecasts In the first half of 2016, prime office rental values in Paris have already matched the full year increase predicted by the IPF consensus forecasts. With take-up strong and a limited supply of quality... 1st September 2016 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) The unchanged headline inflation rate in August highlights the fact that price pressures in the euro-zone remain weak and boosts the case for more monetary easing from the ECB. 31st August 2016 · 1 min read
Europe Data Response Norwegian GDP (Q2) The hit to Norway’s GDP growth from lower oil prices appears to be fading. Nevertheless, with growth still fairly slow and inflation set to fall sharply, we still expect the Norges Bank to loosen... 31st August 2016 · 1 min read
Europe Data Response Danish GDP (Q2 16) In Q2 Danish GDP growth was worryingly dependent on external demand and a drop in imports, while survey indicators suggest that the economy will struggle to grow over the coming months. 31st August 2016 · 1 min read
Nordic & Swiss Data Response Danish GDP (Q2 16) In Q2 Danish GDP growth was worryingly dependent on external demand and a drop in imports, while survey indicators suggest that the economy will struggle to grow over the coming months. 31st August 2016 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q2 16) The hit to Norway’s GDP growth from lower oil prices appears to be fading. Nevertheless, with growth still fairly slow and inflation set to fall sharply, we still expect the Norges Bank to loosen... 31st August 2016 · 1 min read
Europe Data Response German Flash CPI (Aug.) August’s slowdown in German inflation was weaker than most forecasters had expected last week, but was broadly consistent with the state-level data released this morning. While inflation should pick... 30th August 2016 · 1 min read
Europe Data Response EC Business & Consumer Survey (Aug.) August’s euro-zone Business and Consumer Survey suggests that growth has slowed and inflation expectations are weak. So the ECB will be under pressure to loosen monetary policy further at its meeting... 30th August 2016 · 1 min read
Europe Economics Update What is Italy’s referendum all about? Italy’s forthcoming referendum on constitutional reform is expected to take place in October or November. If the reform is accepted, it could make governments more stable and passing legislation... 26th August 2016 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Industrial rents in Emerging Europe stabilise Stronger economic growth in Q2 helped to prevent further falls in the majority of prime retail and industrial rents across the central and eastern European region. Rents may, therefore, have found a... 26th August 2016 · 1 min read
Europe Economics Weekly Mixed messages from economic surveys The euro-zone Composite PMI has held up well since the UK’s Brexit vote, but it is too soon to sound the all clear. After all, the Composite PMI measures current output rather than indicating how... 26th August 2016 · 1 min read
Europe Commercial Property Chart Pack Office rental growth hits post crisis high All-property euro-zone rental values increased by 0.9% q/q in Q2, up from 0.4% q/q in Q1, as office rents rose at the fastest quarterly rate since the financial crisis. At the same time, yields fell... 26th August 2016 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (July) July’s money and credit data show a pick-up in lending growth, despite concerns about banks’ health and the UK’s vote for Brexit. Nevertheless, the data suggest that inflation will remain weak. 26th August 2016 · 1 min read
Europe Data Response German Ifo Survey (Aug.) August’s sharp fall in the German Ifo survey points to a slowdown in annual German economic growth to around 1%. 25th August 2016 · 1 min read
Industrial Metals Update EU trade deal unlikely to revive Indonesia’s tin exports Some have argued that a new trade deal between the EU and Indonesia may arrest the decline in the latter’s exports of tin. However, structural issues constraining tin exports mean that it is unlikely... 25th August 2016 · 1 min read
