Nordic & Swiss Data Response Swiss GDP (Q4 14) The Swiss economy posted another healthy expansion in Q4, with both net exports and domestic demand continuing to rise. But the franc’s surge since then may well see the economy back in recession... 3rd March 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Feb.) & Unemployment (Jan.) February’s continued fall in euro-zone consumer prices and the still-high rate of unemployment in January confirm that the ECB faces an uphill battle against the threat of deflation. 2nd March 2015 · 1 min read
Europe Economics Weekly A long road still ahead for Greece The markets responded with some relief to last week’s provisional approval by the institutions formerly known as the troika of the proposal advanced by the Greek government for a four-month extension... 27th February 2015 · 1 min read
Europe Data Response German, Italian & Spanish Flash CPI (Feb.) February’s energy-related increases in inflation in Germany, Spain and Italy did little to reduce the threat of a prolonged bout of deflation in future. Headline rates remain either extremely low or... 27th February 2015 · 1 min read
Energy Update Europe able to weather any disruption in Russian gas supplies We do not expect the latest dispute between Russia and Ukraine over natural gas to disrupt the supply to Western Europe. But even if did, the EU should still be able to cope reasonably well as warmer... 27th February 2015 · 1 min read
Europe Data Response Swedish & Danish GDP (Q4) The unexpected surge in Swedish GDP in Q4 confirms that the economy is recovering at a solid pace and reduces the chances of a Japanese-style period of stagnation. But with prices continuing to fall... 27th February 2015 · 1 min read
Nordic & Swiss Data Response Swedish & Danish GDP (Q4 14) The unexpected surge in Swedish GDP in Q4 confirms that the economy is recovering at a solid pace and reduces the chances of a Japanese-style period of stagnation. But with prices continuing to fall... 27th February 2015 · 1 min read
ECB Watch ECB to maintain a hard line on Greece The ECB is unlikely to announce any new policies after its meeting next week as it prepares to implement the quantitative easing programme unveiled in January. President Draghi will claim that QE is... 26th February 2015 · 1 min read
Europe Commercial Property Focus Paris offices: Gearing up for rental growth Although French employment growth is forecast to remain lethargic, the limited development pipeline and occupiers’ preference for modern, centrally-located space will drive an improvement in the... 26th February 2015 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Jan.) January’s euro-zone monetary data showed that credit conditions were healthy at the start of the year, suggesting the ECB’s policy stimulus is already having an effect. 26th February 2015 · 1 min read
Europe Data Response Euro-zone EC Survey (Feb.) February’s EC business and consumer surveys are consistent with slow and steady growth. But even if this can be sustained as the Greek crisis continues, it will do little to erode the spare capacity... 26th February 2015 · 1 min read
Europe Economics Update Has the tide turned for the Danish krone? The recent sharp drop in the Danish krone back to its central rate against the euro suggests that the Danish Nationalbank has been successful in preserving its currency peg. But the upward pressure on... 25th February 2015 · 1 min read
Global Markets Update Investors shrug off risks from Greece Despite the resurgent risk of a Greek exit from the euro-zone, investors have so far remained relatively relaxed about the possible effect on emerging markets. Admittedly, there were further net... 25th February 2015 · 1 min read
Nordic & Swiss Economics Update Has the tide turned for the Danish krone? The recent sharp drop in the Danish krone back to its central rate against the euro suggests that the Danish Nationalbank has been successful in preserving its currency peg. But the upward pressure on... 25th February 2015 · 1 min read
Europe Economics Update Cyprus bailout suspension maintains exit risk Struggles to implement a foreclosures bill and the associated suspension of the Cypriot bailout highlight that exit risks are not confined to Greece. Admittedly, the risk of a near-term “Cyxit” is... 24th February 2015 · 1 min read
Europe Commercial Property Update Growing divergence in property performance within Helsinki Weak economic fundamentals are leading to a growing divergence in the performance of Helsinki property types. While the wider market is likely to struggle further, CBD rents are set to rise gradually... 23rd February 2015 · 1 min read
