Europe Economics Update Troika’s Greek economic forecasts still look too optimistic The Greek GDP figures, which suggest that the economy may have expanded in Q2, confirm that Greece has benefitted from the recent period of relative calm and stability. But a strong and sustained... 12th August 2013 · 1 min read
Europe Commercial Property Update Returning confidence in the Italian property market premature Signs of a renaissance in Italy’s commercial property investment market appear to be heavily reliant on investors targeting distressed property. To the extent that most investors are unwilling to buy... 12th August 2013 · 1 min read
Europe Economics Weekly Industrial upturn has weak foundations The national industrial production figures for June provided further evidence that euro-zone GDP might have expanded in Q2. Nonetheless, a closer look at the data suggests that the figures are perhaps... 9th August 2013 · 1 min read
Europe Data Response German Industrial Production (Jun.) June’s German industrial production data point to a healthy rise in GDP in Q2 and the sector could continue to build up steam in the near term. 7th August 2013 · 1 min read
Europe Commercial Property Update Where next for euro-zone property yields? The recent improvement in euro-zone business surveys is unlikely to mark the start of a strong and broad-based economic recovery. Nevertheless, by helping to underpin sentiment, it will increase... 6th August 2013 · 1 min read
Europe Economics Update Will Hollande reverse the trend in French unemployment? Time is running short for President François Hollande to fulfil his vow to reverse the trend of rising French unemployment by the end of 2013. Despite the recent improvement in the business surveys... 6th August 2013 · 1 min read
Europe Data Response Italian Flash GDP (Q2) & Industrial Production (Jun.) Q2’s flash GDP release suggested that Italy’s deep recession is gradually easing. But an imminent and sustained period of growth still looks too much to hope for. 6th August 2013 · 1 min read
Europe Economics Focus Has Ireland really found the escape route? Ireland has been widely hailed as a “poster boy” for the euro-zone’s austerity driven crisis response. But the major challenges still facing the economy undermine the view that the country has forged... 5th August 2013 · 1 min read
Europe Economics Update Denmark to drag itself out of property slump The Danish property market, at the heart of the country’s long slump, is on the mend. This suggests that the economy is finally turning a corner, but the recovery in both house prices and the wider... 5th August 2013 · 1 min read
Europe Data Response Euro-zone Final PMIs (Jul.) & Retail Sales (Jun.) July’s final PMI surveys improved the chances that the euro-zone is about to move out of recession. But the continued weakness of consumer activity adds to the doubts over the likely strength and... 5th August 2013 · 1 min read
Europe Economics Weekly Draghi muddies the waters President Draghi failed to convincingly improve the ECB’s transparency last week. He added some detail to last month’s pledge that interest rates would “remain at present or lower levels for an... 5th August 2013 · 1 min read
Nordic & Swiss Economics Update Denmark to drag itself out of property slump The Danish property market, at the heart of the country’s long slump, is on the mend. This suggests that the economy is finally turning a corner, but the recovery in both house prices and the wider... 5th August 2013 · 1 min read
Europe Economics Update ECB does little to improve transparency A slow but steady removal of monetary stimulus in the US over the next few years is likely to have important implications for a wide variety of financial market instruments. It should buoy the dollar... 1st August 2013 · 1 min read
Europe Chart Pack Monetary weakness casts doubts over recovery Survey-based euro-zone activity indicators like the composite PMI have continued to strengthen in recent months, raising the prospect that the currency union’s economy may finally emerge from its near... 31st July 2013 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jul.) & Unemployment (Jun.) The latest news on euro-zone unemployment and inflation injected a slight note of caution after the recent run of better news from the region. 31st July 2013 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Jul.) The latest figures on the public finances show that Italy and Portugal are struggling to reduce their budget deficits, but Ireland, Greece and Spain are faring rather better. 30th July 2013 · 1 min read
