Europe Data Response German ZEW Survey (Nov.) November’s rise in German ZEW investor sentiment came as a modest relief after the recent gloomy news on the euro-zone. But the index has not been very reliable in the past and it remains consistent... 18th November 2014 · 1 min read
Europe Economics Update Greece exits recession but big challenges remain While it is welcome news that the Greek economy has finally started growing again after seven years of recession, the recent GDP figures have not solved two of its, arguably biggest, problems: its... 17th November 2014 · 1 min read
Europe Data Response Euro-zone Trade (Sep.) The widening of the euro-zone trade surplus to a new record in September was an encouraging sign that exporters are starting to benefit from the weaker euro. But the ECB will need to deliver on hints... 17th November 2014 · 1 min read
Europe Economics Weekly The periphery catches up – oh dear One notable element of last week’s euro-zone GDP figures for the third quarter was the strength of the peripheral economies, even Greece, in relation to the core. This might be seen as confirmation... 14th November 2014 · 1 min read
Europe Data Response Euro-zone GDP (Q3 Prov.) The small expansion in the euro-zone economy in Q3 has not diminished the need for both the European Central Bank (ECB) and national governments to respond to the persistent risk of deflation in the... 14th November 2014 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Russia pulls down Emerging European property indicators Economic indicators generally pointed to slower growth across both Western European and Emerging European economies in Q3. That helps to explain why occupier market data were soft, with rents... 14th November 2014 · 1 min read
Europe Data Response German & French GDP (Q3) Q3’s near stagnation of the German economy confirmed that economic weakness has spread to the core of the single currency area. While France performed marginally better, it seems that the euro-zone... 14th November 2014 · 1 min read
Europe Commercial Property Update Moscow capital values have further to fall The decline in Russia’s macroeconomic outlook suggests that Moscow occupier demand will fall further. With an influx of new supply also undermining rental values, and property yields set to come under... 13th November 2014 · 1 min read
Europe Economics Update Is QE already priced in? Markets have probably at least partially priced in the prospect of QE in the euro-zone, suggesting that the ECB will have to unveil a bold programme to prompt a further significant market reaction. 12th November 2014 · 1 min read
Europe Data Response Euro-zone Industrial Production (Sep.) September’s euro-zone industrial production figures confirmed that industry acted as a drag on the currency union’s economy in Q3 and pose downside risks to Friday’s euro-zone GDP figures. 12th November 2014 · 1 min read
Europe Data Response Swedish CPI (Oct.) The rise in Sweden’s headline inflation rate in October will do little to dispel fears that the country is succumbing to a damaging bout of deflation and will maintain pressure on the Riksbank to... 11th November 2014 · 1 min read
Nordic & Swiss Data Response Swedish CPI (Oct. 14) The rise in Sweden’s headline inflation rate in October will do little to dispel fears that the country is succumbing to a damaging bout of deflation and will maintain pressure on the Riksbank to... 11th November 2014 · 1 min read
Europe Economics Update Will negative yields render ECB QE useless? Any optimism surrounding the ECB’s progress towards QE has been dulled by concerns that the already low level of yields on many assets will make the policy ineffective. But there is still scope for QE... 10th November 2014 · 1 min read
Europe Economics Weekly What will trigger ECB QE and when? The ECB suggested last week that preparations are finally underway to launch full-blown quantitative easing. It seems that action will be triggered by either of two factors: evidence that existing... 7th November 2014 · 1 min read
Europe Commercial Property Update German office occupier market stronger than take-up data suggest There are a number of reasons to think that the German office occupier market is stronger than third quarter take-up data suggest. And, with vacancy rates low and the majority of upcoming developments... 7th November 2014 · 1 min read
Europe Data Response German & French Industrial Production (Sep.) September’s disappointing rebound in German industrial production increased the risks that both the German and euro-zone economies contracted in Q3 and added to the pressure on the ECB and German... 7th November 2014 · 1 min read
