Emerging Europe Economic Outlook Growth clouds start to lift The outlook for much of Emerging Europe has brightened in recent months and we expect growth in most countries to accelerate over the coming quarters. The strengthening of the euro-zone should support... 20th September 2013 · 1 min read
Emerging Europe Economics Update Turkish policymakers waiting for “taper” reaction Having been promised “surprise” measures to shore up the lira by Governor Basci, today’s Turkish rate setting meeting was a non-event. Policymakers appear to be waiting to see how the financial... 17th September 2013 · 1 min read
Emerging Europe Economics Update Have Emerging Europe’s banks turned the corner? Emerging Europe has been the laggard of the emerging world over the past few years, due in large part to problems in its banks. But with the region seemingly on the mend, might local banking sectors... 17th September 2013 · 1 min read
Europe Commercial Property Update Bumpy path ahead for Turkish retail yields Yesterday’s Q2 GDP data from Turkey suggest that retail occupier demand in Istanbul and Ankara is currently pretty strong. Against this backdrop, we think retail yields in both markets could fall... 11th September 2013 · 1 min read
Emerging Europe Economics Update Turkish growth looking increasingly unsustainable Following today’s stronger-than-expected Turkish Q2 GDP data, we are revising up our growth forecast for this year as a whole. However, growth was driven by credit-fuelled consumer spending and a... 10th September 2013 · 1 min read
Emerging Europe Economics Update PMIs show further signs of recovery in Central Europe The raft of manufacturing PMIs across Central Europe for August provide further evidence that the region’s recovery is gathering pace, helped by the improvement in the German economy. In contrast... 2nd September 2013 · 1 min read
Emerging Europe Chart Pack Central Europe turns the corner It’s been a good month for Central Europe, although the news elsewhere in the region has been less encouraging. A raft of preliminary Q2 GDP data showed that, although growth remains weak in Central... 28th August 2013 · 1 min read
Emerging Europe Economics Update What might the next twist in Turkish monetary policy be? The Turkish central bank appears ready to add to its policy toolkit in order to support the lira. No details have been provided yet, but our best guess is that, if new measures are introduced, they... 28th August 2013 · 1 min read
Global Markets Update Prospects for Emerging European equities are Poles apart A number of equity markets in Emerging Europe – Poland’s in particular – have proved relatively resilient during the recent emerging market sell-off. We think they may continue to outperform equities... 27th August 2013 · 1 min read
Emerging Europe Economics Update Coming through the EM sell-off relatively unscathed Emerging European currencies have generally withstood the recent EM financial market sell-off relatively well. Meanwhile, equities in Central Europe have made strong gains over the past month. 21st August 2013 · 1 min read
Emerging Europe Economics Update Turkey continues to tighten The further hike in Turkish interest rates today merely underlines how vulnerable the economy is to the recent slowdown in capital inflows. Looking ahead, much will depend on how the current EM sell... 20th August 2013 · 1 min read
Emerging Europe Economics Update Turkish growth comes with mounting risks Turkey’s economy has picked up pace over the first half of this year, but this has been fuelled by a sharprise in credit and has come at the expense of a renewed widening of the current account... 15th August 2013 · 1 min read
Emerging Europe Economics Update Central Europe picks up pace in Q2 Growth in Central Europe accelerated in Q2, helped by improving conditions in the euro-zone, but the economies of South Eastern Europe seem to have weakened once again. The potential for further flare... 14th August 2013 · 1 min read
Emerging Europe Economics Update Q2 GDP data likely to provide grounds for optimism The raft of GDP data due over the next few weeks is likely to show that growth in Emerging Europe picked up in the second quarter of this year. However, while the region as a whole seems to have... 8th August 2013 · 1 min read
Emerging Europe Economics Update July’s PMIs point to continued recovery in Central Europe July’s manufacturing PMI surveys suggest that the recovery that started in Poland and the Czech Republic towards the end of the second quarter continued in the first month of the third quarter. Both... 1st August 2013 · 1 min read
Emerging Europe Chart Pack Central Europe picking up, Russia still in the doldrums The slowdown in Emerging Europe appears to have bottomed out in recent months and there are tentative signs of a turnaround in regional growth. At a country level though, it’s actually been a... 29th July 2013 · 1 min read
