Europe Data Response Euro-zone GDP Breakdown (Q1) The breakdown of euro-zone Q1 GDP provided some support to our view that the pace of recovery in the region peaked in the first quarter and that growth is likely to be materially slower in Q2 and... 8th June 2011 · 1 min read
Nordic & Swiss Economics Update Economic clouds still hanging over Iceland The dust clouds may have cleared but economic gloom continues to hang over Iceland. While the economy returned to growth in Q1, conditions for consumers remain grim and large risks remain over plans... 8th June 2011 · 1 min read
Europe Chart Pack Further signs of a slowdown Further falls in euro-zone leading indicators and the first hard data for Q2 suggest that the economic recovery may have passed its peak. After three consecutive falls, the EC’s Economic Sentiment... 7th June 2011 · 1 min read
Europe Data Response Euro-zone Retail Sales (Apr.) April’s pick-up in euro-zone retail sales may look like an encouraging sign that euro-zone consumers are defying the fiscal squeeze. But the bounce is likely to have been a one-off boosted by Easter... 7th June 2011 · 1 min read
Europe Commercial Property Update Spanish commercial property investment market not out of the woods The Q1 2011 RICS distressed property monitor points to the largest rises in the number of distressed properties coming onto the market in Q2 in Spain and Ireland. Investment demand in Ireland will not... 6th June 2011 · 1 min read
Europe Economics Weekly Greek bond plan faces big hurdles Last week’s news of proposals for a voluntary “rollover” of Greek debt brought some hope that the policy impasse over the crisis may soon be over. Crucially, there were signs that the ECB − until now... 6th June 2011 · 1 min read
Europe Commercial Property Update Copenhagen retail market looking increasingly overpriced Q1’s fall in Danish consumer spending suggests that it may take a little longer for retail rental values in Copenhagen to recover than we previously expected. Given their low level, we cannot rule out... 2nd June 2011 · 1 min read
ECB Watch Green light for July hike ECB President Jean-Claude Trichet will use Thursday’s post rate-announcement press conference to signal another rise in interest rates at the following meeting in July. But with growing signs that the... 2nd June 2011 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Emerging European markets currently leading the way Emerging European property markets are outperforming the rest of non-euro-zone Europe both in terms of rental growth and yield compression. Yet, the pace at which yields are falling is slowing in all... 1st June 2011 · 1 min read
Europe Economics Update Greek bail-out 2 will merely delay the inevitable A second Greek bail-out package, perhaps involving some form of voluntary debt rescheduling, won’t address Greece’s fundamental problems and won’t prevent a major restructuring in the future. 1st June 2011 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (May) While Spain has made good progress in reducing its central government budget deficit this year, its growing regional deficits are a cause for concern. Meanwhile, the Greek and Irish deficits are still... 1st June 2011 · 1 min read
Europe Economics Focus Can strong growth save the euro? The recent strength of the euro-zone economy has masked widening divergences within the region. And with even in the core economies set to slow over the coming quarters, it would be wrong to expect... 31st May 2011 · 1 min read
Europe Data Response Swiss GDP (Q1) The Swiss economy expanded only modestly in the first quarter of this year. With the strong franc likely to hit exports over the coming quarters, growth looks likely to remain fairly lacklustre. 31st May 2011 · 1 min read
Europe Data Response Euro-zone Flash CPI & Unemployment (May/Apr.) May’s slight drop in euro-zone CPI inflation is unlikely to prompt the ECB to tone down its hawkishness. Interest rates are set to rise again in July. 31st May 2011 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q1 11) The Swiss economy expanded only modestly in the first quarter of this year. With the strong franc likely to hit exports over the coming quarters, growth looks likely to remain fairly lacklustre. 31st May 2011 · 1 min read
Europe Economics Weekly Recovery past the peak Attention regarding the euro-zone’s debt crisis has remained focused on the continuing spat between the EU and the ECB on whether or not Greece should be allowed to undertake some form of “soft” debt... 30th May 2011 · 1 min read
