Nordic & Swiss Data Response

Swedish & Danish GDP (Q3 13)

Sweden’s much weaker than anticipated rise in GDP in Q3 increases the pressure on the Riksbank to soften its monetary policy stance.

29th November 2013 · 1 min read

ECB Watch

Time to talk about the euro?

Last month's cut in interest rates has not lifted the pressure on the ECB to provide more support for the fragile economic recovery. Accordingly, President Draghi may make a more concerted effort to...

28th November 2013 · 1 min read

Europe Economics Update

A second bail-out still looms for Portugal

Portugal is unlikely to follow in Ireland’s footsteps and achieve a “clean exit” from its existing rescue package. We think that the most likely scenario is that Portugal seeks a second full-blown...

28th November 2013 · 1 min read

Non-Euro Europe Commercial Property Outlook

Stronger occupier markets to cushion blow of rising bond yields

For European commercial property markets outside of the currency union, occupier conditions appear to be strengthening gradually, while investment markets have cooled. We expect these trends to...

28th November 2013 · 1 min read

Europe Commercial Property Outlook

2014: A year of stability for euro-zone property

The latest economic and property market data from the single currency region sit comfortably with our forecasts that commercial property in the euro-zone faces a further year of stability in rental...

28th November 2013 · 1 min read

Europe Data Response

Euro-zone EC Survey, German Unemp. (Nov.) & Spa. GDP (Q3)

November’s rise in the EC’s euro-zone Economic Sentiment Indicator (ESI) is a comforting sign given the recent falls in other indicators, like the composite PMI, but we still expect the recovery to...

28th November 2013 · 1 min read

Europe Economics Update

Euro-zone Monetary Indicators Monitor (Oct.)

There remains little sign that a pick-up in euro-zone bank lending to help support the fragile economic recovery is taking place.

28th November 2013 · 1 min read

Europe Data Response

Swiss GDP (Q3)

Q3’s Swiss GDP figures confirm that the economy is continuing to withstand the effects of the strong currency. But growth remains steady rather than spectacular.

28th November 2013 · 1 min read

Nordic & Swiss Data Response

Swiss GDP (Q3 13)

Q3’s Swiss GDP figures confirm that the economy is continuing to withstand the effects of the strong currency. But growth remains steady rather than spectacular.

28th November 2013 · 1 min read

Europe Economics Update

Euro-zone Fiscal Monitor (Nov.)

While Greece and Ireland remain ahead of their fiscal consolidation targets, Italy appears set to record a larger than planned deficit this year.

27th November 2013 · 1 min read

Europe Economics Weekly

External sector won’t drive the recovery

September’s euro-zone trade data and November’s PMI surveys, both released last week, gave mixed signals on how the euro-zone’s external sector is developing. Whilst the survey data suggested that...

25th November 2013 · 1 min read

Europe Data Response

German Ifo Survey (Nov.)

November’s German Ifo index echoed the message of the ZEW survey and PMI that the economy might have regained a bit of momentum in the fourth quarter. But growth looks set to be steady rather than...

22nd November 2013 · 1 min read

Europe Data Response

Euro-zone Flash Consumer Confidence (Nov.)

November’s fall in euro-zone consumer confidence adds to signs that the eurozone recovery may have lost some momentum in Q4.

21st November 2013 · 1 min read

Europe Commercial Property Update

Are Norwegian property values poised to spike again?

Norwegian commercial property outperformed over 2009-12 and has recently accelerated again. Yet with rents now back at or above past peaks and yields at historically low levels, the headroom for...

21st November 2013 · 1 min read

Europe Data Response

Euro-zone Flash PMIs (Nov.)

November’s fall in the euro-zone composite PMI suggests that the region’s anaemic recovery may be losing more steam.

21st November 2013 · 1 min read