Europe Data Response Swiss GDP (Q3) Q3’s Swiss GDP figures suggested that the economy is still holding up well against the twin pressures of euro-zone weakness and the strong franc. But the Swiss National Bank may have more work to do... 3rd December 2014 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q3 14) Q3’s Swiss GDP figures suggested that the economy is still holding up well against the twin pressures of euro-zone weakness and the strong franc. But the Swiss National Bank may have more work to do... 3rd December 2014 · 1 min read
Nordic & Swiss Economics Update Deflation a bigger threat to Sweden than Budget chaos The new Swedish Government lost a key parliamentary vote on its Budget today, throwing politics in the country into turmoil and raising the possibility of fresh elections. But the potential upheaval... 3rd December 2014 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Nov.) All peripheral economies narrowed their budget deficits in October, but Portugal is expected to miss its target for 2014 as a whole. 2nd December 2014 · 1 min read
Europe Commercial Property Update What will lower Bund yields mean for property? Recent cuts to our Bund yield forecasts reflect our view that the euro-zone economy will struggle to gain traction over the next year or two. Yet, on balance, by creating the scope for property yields... 2nd December 2014 · 1 min read
Europe Economics Update Will lower oil prices do the ECB’s job for it? The recent fall in oil prices will have some modest positive effects on the euro-zone economy. But it does not preclude the need for the European Central Bank (ECB) to provide more policy support. 2nd December 2014 · 1 min read
Europe Economics Update How will other European central banks react to ECB QE? The likely introduction of “full-blown” quantitative easing by the ECB may well put pressure on other European central banks to follow suit and introduce their own unconventional measures in order to... 1st December 2014 · 1 min read
Global Central Bank Watch ECB, BoJ and People’s Bank to loosen policy further Three of the world’s most powerful central banks have loosened monetary policy in some form in the past few weeks and they all look likely to do more next year, particularly given the recent slump in... 1st December 2014 · 1 min read
Nordic & Swiss Economics Update How will other European central banks react to ECB QE? The likely introduction of “full-blown” quantitative easing by the ECB may well put pressure on other European central banks to follow suit and introduce their own unconventional measures in order to... 1st December 2014 · 1 min read
Global Economics Update ECB to join Bank of Japan in full-blown QE Although the Fed ended its asset purchases in October, and is set to start raising policy rates in the coming months, global monetary conditions will remain ultra-loose as the ECB and BoJ undertake... 28th November 2014 · 1 min read
Global Markets Update What if the Swiss vote to “save our gold”? This weekend the Swiss public will probably reject a proposal to force the Swiss National Bank (SNB) to increase its gold holdings. Nonetheless, a surprise “yes” would provide a significant boost to... 28th November 2014 · 1 min read
Europe Economics Weekly Has the euro fallen far enough? The fall in the euro since the spring looks likely to have at least some upward effect on both the growth of euro-zone exports and the level of euro-zone consumer price inflation. But the ECB should... 28th November 2014 · 1 min read
Europe Commercial Property Update New retail supply will dampen rental growth in the Polish regions Polish retail sales growth will continue to improve as labour market conditions strengthen. While this will support further retailer expansion, the volume of shopping centre space being developed and... 28th November 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Nov.) & Unemployment (Oct.) The latest euro-zone consumer prices and unemployment figures gave the ECB yet another nudge to take urgent further action to revive the recovery and tackle the threat of deflation. 28th November 2014 · 1 min read
Europe Data Response Swedish & Danish GDP (Q3) The rise in Swedish GDP in Q3 provides further evidence of a steady recovery and will help to alleviate fears of a Japanese-style bout of deflation and stagnation. But growth is not strong enough for... 28th November 2014 · 1 min read
Nordic & Swiss Data Response Swedish & Danish GDP (Q3 14) The rise in Swedish GDP in Q3 provides further evidence of a steady recovery and will help to alleviate fears of a Japanese-style bout of deflation and stagnation. But growth is not strong enough for... 28th November 2014 · 1 min read
