Europe Data Response Euro-zone Industrial Production (Oct.) October’s sharp fall in euro-zone industrial production suggests that industry will make another negative contribution to GDP growth in the fourth quarter. 12th December 2013 · 1 min read
Europe Economics Update ECB can’t count on Fed tapering to weaken the euro The ECB cannot rely on the commencement of asset purchase tapering by the US Federal Reserve to bring the euro down from its potentially damaging levels. 10th December 2013 · 1 min read
Europe Commercial Property Update Copenhagen industrial market set to outperform The latest economic data from Denmark suggest that industrial occupier conditions in Copenhagen are on the mend. And with rental values more than 10% below a linear trend, and yields more than 10%... 10th December 2013 · 1 min read
Europe Data Response German Industrial Production & Trade (Oct.) October’s German industrial production data suggested that the country’s main growth engine has not only stalled, but gone into reverse. 9th December 2013 · 1 min read
Europe Data Response Greek GDP (Q3) & CPI Inflation (Nov.) Q3’s final Greek GDP release revealed that the recession continued to ease. But with deflationary pressures building, Greece’s debt problems are still growing. 9th December 2013 · 1 min read
Europe Economics Update Finland's economy to stagnate in 2014 The latest economic data show that Finland’s economy is struggling to recover from the recent yearlong recession. With many more years of painful reform ahead, it is likely that GDP growth will... 9th December 2013 · 1 min read
Europe Commercial Property Focus Is there any value left in French and German property? Commercial property in the euro-zone's two largest economies may appear expensive. But given the market's size, liquidity and perceived safe-haven status, as well as our view that capital values will... 9th December 2013 · 1 min read
Europe Economics Weekly Is the ECB being complacent about deflation? For now at least, the ECB appears happy to leave its “powerful artillery” in the arsenal due to its fairly sanguine outlook for inflation. But rather than start to rise gently in line with the ECB’s... 9th December 2013 · 1 min read
Nordic & Swiss Economics Update Finland’s economy to stagnate in 2014 The latest economic data show that Finland’s economy is struggling to recover from the recent yearlong recession. With many more years of painful reform ahead, it is likely that GDP growth will... 9th December 2013 · 1 min read
Europe Data Response Iceland GDP (Q3) Although Iceland’s GDP data is very volatile, Q3’s sharp economic expansion shows that the country is successfully rebuilding its economy. 6th December 2013 · 1 min read
Nordic & Swiss Data Response Iceland GDP (Q3 13) Although Iceland’s GDP data is very volatile, Q3’s sharp economic expansion shows that the country is successfully rebuilding its economy. 6th December 2013 · 1 min read
Europe Economics Update Pressure on the ECB to take further action set to grow President Draghi emphasised at December’s interest rate press conference that the ECB has a “powerful artillery of instruments available”. And the pressure on it to use these instruments looks set to... 5th December 2013 · 1 min read
Europe Economics Update Norwegian interest rates on hold until at least mid-2015 The weakening Norwegian economy prompted the Norges Bank to push back its tightening cycle today. With the Bank revising down its economic forecasts closer to our own, we agree with its new projection... 5th December 2013 · 1 min read
Nordic & Swiss Economics Update Norwegian interest rates on hold until at least mid-2015 The weakening Norwegian economy prompted the Norges Bank to push back its tightening cycle today. With the Bank revising down its economic forecasts closer to our own, we agree with its new projection... 5th December 2013 · 1 min read
Europe Commercial Property Update Further falls likely in Amsterdam's structurally high vacancy rate Amsterdam’s “Action Programme to Tackle Vacant Offices” appears to be bearing fruit. The total office stock has shrunk over the past year and, despite weak occupier demand, the vacancy rate has fallen... 4th December 2013 · 1 min read
Europe Chart Pack Weak growth & strong euro keep pressure on ECB Having slowed almost to a halt in Q3, early indications suggest that the euro-zone’s economic recovery is unlikely to have regained much momentum – if any – in the final quarter of the year. Meanwhile... 4th December 2013 · 1 min read
