Europe Commercial Property Update What effect will the weaker krone have on Oslo industrial rents? The Norwegian krone is not a key driver of industrial rental values in Oslo. That said, at the margin, the currency’s fall is another reason to expect the recovery in industrial rental values over the... 19th March 2014 · 1 min read
Europe Economics Update Sedlabanki softens its stance but rates are still likely to rise In light of the recent drop in inflation, Iceland’s central bank kept interest rates unchanged today and suggested that rate hikes were less probable than they had been in February. However, with... 19th March 2014 · 1 min read
Europe Economics Update Is Spain's recovery building momentum? Although timely activity indicators suggest that the Spanish economy may have built a bit of momentum at the start of 2014, we suspect that the recovery will remain disappointingly weak. 19th March 2014 · 1 min read
Nordic & Swiss Economics Update Sedlabanki softens its stance but rates are still likely to rise In light of the recent drop in inflation, Iceland’s central bank kept interest rates unchanged today and suggested that rate hikes were less probable than they had been in February. However, with... 19th March 2014 · 1 min read
Europe Data Response German ZEW Survey (Mar.) & Euro-zone Trade (Jan.) March’s ZEW survey showed that recent concerns over the international environment have had a negative effect on sentiment amongst German investors. But current conditions in the economy remain buoyant... 18th March 2014 · 1 min read
Europe Economics Weekly Industrial malaise could soon start to ease Although January’s euro-zone industrial figures made disappointing reading, the recent weakness of the sector partly reflects a plunge in energy production. Encouragingly, orders data paint a more... 17th March 2014 · 1 min read
Europe Economics Update Renzi's recent reforms are the easy part The measures announced by the Italian PM yesterday represent a valuable short-term stimulus to the economy. But they also raise the cost of failing to implement more difficult structural reforms later... 13th March 2014 · 1 min read
Europe Data Response Euro-zone Industrial Production (Jan.) January’s euro-zone industrial production figures got the year off to a disappointingly soft start and underline the fragility of the recovery in both industry and the broader economy. 12th March 2014 · 1 min read
Europe Economics Update Disparity in Nordic inflation rates to be sustained for now February’s consumer prices figures for the Nordic countries revealed a continued disparity between subdued inflation rates in Sweden and Denmark on the one hand and much stronger price pressures in... 11th March 2014 · 1 min read
Europe Economics Update Greek bail-out has bigger problems than current dispute Greece and the Troika may resolve the issues that have delayed the latest loan disbursement soon, but this will not resolve the fact that the country’s bail-out rests on unrealistic forecasts. 11th March 2014 · 1 min read
Europe Data Response Portuguese GDP (Q4) The latest Portuguese GDP figures will bolster hopes that the Government can follow in Ireland’s footsteps and make a clean break from its bail-out later this year. 11th March 2014 · 1 min read
Europe Data Response Italian GDP (Q4) Italy exited its long recession in Q4. But the recovery will struggle to gather enough steam this year to erode the country’s crushing public debt load. 11th March 2014 · 1 min read
Global Markets Update What are the relative prospects for euro-zone and US bonds? The risks of deflation in the euro-zone, particularly in light of the ECB’s continued inaction last Thursday, should keep the yields on ten-year core euro-zone government bonds well below those on US... 11th March 2014 · 1 min read
Nordic & Swiss Economics Update Disparity in Nordic inflation rates to be sustained for now February’s consumer prices figures for the Nordic countries revealed a continued disparity between subdued inflation rates in Sweden and Denmark on the one hand and much stronger price pressures in... 11th March 2014 · 1 min read
Europe Commercial Property Update Is the office occupier market in Brussels about to turn a corner? The economic recovery, combined with improving business confidence, should help to boost occupier demand in Brussels this year. But with leasing incentives still generous and the economic recovery... 10th March 2014 · 1 min read
Europe Economics Weekly Slack & euro could yet force the ECB's hand While last week’s decision by the ECB to leave policy on hold may be a signal that the euro-zone’s long monetary policy loosening cycle is finally over, the combination of the greater emphasis on the... 10th March 2014 · 1 min read
