Europe Economics Update Sanctions on Russia a further blow to Finnish economy Finland’s close economic ties with neighbouring Russia mean that the EU’s stiffer sanctions on Russia announced yesterday are likely to deal another blow to the Finnish economy. Even if the direct... 30th July 2014 · 1 min read
Europe Economics Update Euro’s fall provides glimmer of hope, but more needed The euro finally appears to be succumbing to the downward pressure implied by the divergentprospects for monetary policy in the US and euro-zone. But bigger declines are likely to be needed tokick... 30th July 2014 · 1 min read
Europe Data Response Euro-zone EC Survey & ECB Bank Lending Survey (Jul.) July’s tiny rise in the EC’s Economic Sentiment Indicator (ESI) suggests that the eurozonerecovery is unlikely to strengthen much in Q3. 30th July 2014 · 1 min read
Europe Data Response Swedish GDP (Q2, Prov.) The provisional estimate of Swedish Q2 GDP revealed a disappointingly weak pace of growth. But domestic demand remains reassuringly strong, suggesting that the economic recovery will remain on track. 30th July 2014 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q2 14, Prov.) The provisional estimate of Swedish Q2 GDP revealed a disappointingly weak pace of growth. But domestic demand remains reassuringly strong, suggesting that the economic recovery will remain on track. 30th July 2014 · 1 min read
Nordic & Swiss Economics Update Sanctions on Russia a further blow to Finnish economy Finland’s close economic ties with neighbouring Russia mean that the EU’s stiffer sanctions on Russia announced yesterday are likely to deal another blow to the Finnish economy. Even if the direct... 30th July 2014 · 1 min read
Europe Economics Update Sanctions on Russia pose limited threat to Germany The likelihood that the EU will impose stiffer sanctions on Russia has raised concerns about the effecton German exports and the wider economy. But while certain companies rely strongly on trade... 28th July 2014 · 1 min read
Europe Commercial Property Update What next for Dutch office rents? We envisage only a modest improvement in office occupier demand in the Netherlands over the next year or two as economic growth and job creation disappoint. Yet office rents are likely to drift higher... 28th July 2014 · 1 min read
Global Economics Update Low inflation a threat to fiscal policy in the euro-zone and Japan Continued very low inflation is likely to have anegative impact on debt ratios in both Japan andthe euro-zone during the coming years. Insouthern euro-zone countries real interest rateswill probably... 28th July 2014 · 1 min read
Europe Economics Weekly Euro-zone consumers still not ready to spend freely Despite a slight fall in July, euro-zone consumer confidence remains at a high level. But this hasyet to be reflected in a significant rise in spending growth. This might be because consumers’optimism... 28th July 2014 · 1 min read
Europe Economics Update Could the euro-zone mimic the UK’s recovery? On the face of it, the UK’s impressive economic recovery offers significant hope to the euro-zone. Butwe think that still high levels of debt and a relatively timid monetary policy response will... 25th July 2014 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Jun.) Although June’s euro-zone monetary data showed some further signs of improvement, lending is still falling and the data point to a significant risk of deflation in the region. 25th July 2014 · 1 min read
Europe Data Response German Ifo Survey (Jul.) & Consumer Confidence (Aug.) July’s drop in the German Ifo Business Climate Indicator (BCI) is another worryingsign that the recovery may have passed its peak. 25th July 2014 · 1 min read
Europe Economics Update How competitive is Greece now? The sharp fall in wages and recent flurry of structural reforms in Greece has not yet fed intocompetitiveness gains. Greece is still not able to run the sustained external surpluses that it needs. 24th July 2014 · 1 min read
Global Markets Update Franco-German divergence spells trouble ahead Although purchasing managers surveys for July, released earlier today, suggest that the economicrecovery in the euro-zone as a whole is regaining momentum, they also still show a large gap betweenthe... 24th July 2014 · 1 min read
Europe Economics Update New Belgian coalition is likely to disappoint News that the three major Flemish parties have formed a regional government raises hopes that Belgium’s federal political deadlock will be resolved soon. But the proposed national coalition looks set... 24th July 2014 · 1 min read
