Europe Economics Update How is Norway coping with lower oil prices? The decline in oil prices has weighed on the Norwegian mainland economy and things could get worse before they get better. But ramped-up policy support from the Government and central bank next year... 20th October 2015 · 1 min read
Nordic & Swiss Economics Update How is Norway coping with lower oil prices? The decline in oil prices has weighed on the Norwegian mainland economy and things could get worse before they get better. But ramped-up policy support from the Government and central bank next year... 20th October 2015 · 1 min read
Europe Economics Update Swiss election doesn’t change gloomy economic outlook The shift to the right in yesterday’s Swiss election will mean continued resistance to immigration and perhaps more business-friendly policies. But exchange rate developments are more important for... 19th October 2015 · 1 min read
Nordic & Swiss Economics Update Swiss election doesn’t change gloomy economic outlook The shift to the right in yesterday’s Swiss election will mean continued resistance to immigration and perhaps more business-friendly policies. But exchange rate developments are more important for... 19th October 2015 · 1 min read
Europe Economics Update Key reform vote not Greece's last major challenge The Greek parliament looks set to pass the next set of reforms needed to unlock further bailout funds and potentially open the door to a debt restructuring. But with yet more reforms needed, the... 15th October 2015 · 1 min read
Europe Economics Update Sweden’s labour recovery won’t stop Riksbank cutting The improvement in Sweden’s labour market in recent months has exceeded consensus expectations and those of the Riksbank. But conditions are still far from healthy and wage growth remains subdued... 15th October 2015 · 1 min read
Europe Economics Update Immigration won’t transform Germany’s growth outlook The influx of refugees into Germany has caused much speculation about the costs to the government and possible benefits to the economy. But while the trend presents opportunities for the long term, it... 15th October 2015 · 1 min read
Nordic & Swiss Economics Update Sweden’s labour recovery won’t stop Riksbank cutting The improvement in Sweden’s labour market in recent months has exceeded consensus expectations and those of the Riksbank. But conditions are still far from healthy and wage growth remains subdued... 15th October 2015 · 1 min read
Europe Economics Update Election result doesn’t alter Portugal’s challenging outlook While the re-election of Portugal’s centre-right coalition appeared to be an endorsement of the austerity stance it has taken, its failure to secure a parliamentary majority means that it may struggle... 5th October 2015 · 1 min read
Europe Economics Update Current account adjustments not just cyclical The improvement in most peripheral countries’ current account positions since the financial crisis should not be fully reversed as their economies recover. However, if and when Greece returns to... 1st October 2015 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Sep.) The euro-zone’s peripheral economies appear to have strengthened their fiscal positions further in the year to August. But for most, this year’s budget targets still look ambitious. 30th September 2015 · 1 min read
Europe Economics Update Icelandic interest rates on hold, but more hikes to come Today’s decision by Iceland’s central bank to leave its main interest rates on hold merely marks a pause for breath in its tightening cycle. We think that further rate rises will be needed before the... 30th September 2015 · 1 min read
Nordic & Swiss Economics Update Icelandic interest rates on hold, but more hikes to come Today’s decision by Iceland’s central bank to leave its main interest rates on hold merely marks apause for breath in its tightening cycle. We think that further rate rises will be needed before the... 30th September 2015 · 1 min read
Europe Economics Update Portugal’s next Government will have its work cut out This weekend’s general election in Portugal looks set to be a close contest with a minority government currently appearing the most likely outcome. But whichever party ends up on top, it faces an... 29th September 2015 · 1 min read
Europe Economics Update Rising Italian confidence not enough to secure recovery The high level of consumer and business confidence in September added to the recent run of positive data coming from Italy. But strong confidence alone will not be enough to secure a sustained... 28th September 2015 · 1 min read
Europe Economics Update Dutch housing recovery built on solid foundations The gradual recovery in the Dutch housing market looks set to continue, supported by rising realdisposable incomes, mortgage lending growth and government policy. This bodes well for bothhousehold... 25th September 2015 · 1 min read