Europe Economics Update ECB still inching towards QE The additional policy measures announced by the European Central Bank (ECB) today are unlikely totransform the euro-zone’s economic outlook on their own and therefore look like another step alongthe... 4th September 2014 · 1 min read
Europe Economics Update Swedish Riksbank still fighting deflationary threat Sweden’s central bank today left its main policy rate on hold at 0.25% and reiterated that interest rates would not start to rise until late 2015 as it continues its fight to stave off deflation. But... 4th September 2014 · 1 min read
Nordic & Swiss Economics Update Swedish Riksbank still fighting deflationary threat Sweden’s central bank today left its main policy rate on hold at 0.25% and reiterated that interestrates would not start to rise until late 2015 as it continues its fight to stave off deflation. But... 4th September 2014 · 1 min read
Nordic & Swiss Economics Update Swedish Riksbank still fighting deflationary threat Sweden’s central bank today left its main policy rate on hold at 0.25% and reiterated that interestrates would not start to rise until late 2015 as it continues its fight to stave off deflation. But... 4th September 2014 · 1 min read
Europe Chart Pack Deflation threat raises pressure on the ECB August’s fall in euro-zone HICP inflation from 0.4% to 0.3% left it at its lowest rate sinceOctober 2009, when it was negative, and well beneath the ECB’s target of “below, but closeto, 2%”. What’s... 3rd September 2014 · 1 min read
Non-Euro Europe Commercial Property Outlook Hunt for yield will drive investors east Over the first half of the year, capital values in the Emerging European commercial property markets were little changed, while values in non-euro-zone Western markets edged a little higher. Over the... 3rd September 2014 · 1 min read
Europe Commercial Property Outlook Fragile growth outlook to limit the rental recovery The euro-zone’s economic problems show few signs of easing and a rapid recovery in economic growth and job creation over the next few quarters seems unlikely. The good news is that the dip in bond... 3rd September 2014 · 1 min read
Europe Data Response Euro-zone Retail Sales (Jul.) & Final PMIs (Aug.) July’s fall in euro-zone retail sales provides further signs of a weakening inconsumer spending and, with the final estimates of August’s PMIs revised down,there is more evidence that the region’s... 3rd September 2014 · 1 min read
Global Economics Update Gulf between US and euro-zone widens further The global manufacturing PMI, published by Markit today, suggests that world GDP growth may pickup a bit further in the third quarter after rebounding in the second. But the imbalance between thefast... 2nd September 2014 · 1 min read
Europe Data Response Swiss GDP (Q2) Switzerland’s economy unexpectedly stagnated in Q2, suggesting that it is feeling theeffects of weakness in the euro-zone, its major trading partner. 2nd September 2014 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Aug.) Fiscal positions strengthened across most of the peripheral economies in July, although we havegrowing concerns about Portugal’s ability to meet its target for this year. (Chart 1). 2nd September 2014 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q2 14) Switzerland’s economy unexpectedly stagnated in Q2, suggesting that it is feeling the effects of weakness in the euro-zone, its major trading partner. 2nd September 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) August’s flash euro-zone CPI inflation data underlined the absence of price pressures in the currency union and should encourage the ECB to offer stronger hints of additional policy support to come... 29th August 2014 · 1 min read
Europe Economics Weekly Weak data increase the chance of ECB QE Events last week gave support to our long-held view that the ECB will have to take the plunge and launch a full-blown quantitative easing programme in the coming months. Survey data added to mounting... 29th August 2014 · 1 min read
Europe Data Response Danish GDP (Q2) The Danish economy unexpectedly contracted in Q2 as a result of a sharp fall inexports, suggesting that Denmark is feeling the effects of the slowdown in itsbiggest trading partner, the euro-zone. 29th August 2014 · 1 min read
Nordic & Swiss Data Response Danish GDP (Q2 14) The Danish economy unexpectedly contracted in Q2 as a result of a sharp fall in exports, suggesting that Denmark is feeling the effects of the slowdown in its biggest trading partner, the euro-zone. 29th August 2014 · 1 min read
