UK Economics Weekly No need to panic about a US-style surge in GDP (yet) The 0.6% q/q rise in GDP in Q1 was the largest quarterly rise since Q4 2021 and has triggered fears that the UK could be heading for a US-style surge in GDP growth that prevents inflation from... 10th May 2024 · 5 mins read
Global Economics Update World trade to gradually recover this year Although the recent weakness in exports from China suggest that a sharp rebound in global goods trade probably isn’t on the cards, we still expect global trade to rise this year after a very weak 2023... 10th May 2024 · 4 mins read
UK Economics Rapid Response UK GDP (Mar. & Q1 2024) The 0.6% q/q rise in GDP in Q1 confirmed that the recession ended at the start of this year and suggests the economy has been gathering momentum more quickly than we had anticipated. This raises the... 10th May 2024 · 3 mins read
Japan Economics Weekly Car production to drive Q2 GDP rebound Shutdowns at major carmakers were a key reason behind the likely plunge in GDP last quarter, but with production now having been resumed, a strong rebound in activity is on the cards. Meanwhile, the... 10th May 2024 · 5 mins read
Australia & New Zealand Economics Weekly RBA on an extended pause, budget in the spotlight Although the RBA left rates unchanged at its meeting this week, Governor Bullock stated that the Board was prepared to raise rates if it had to. Against this backdrop, there have been concerns from... 10th May 2024 · 6 mins read
US Housing Market Update Shutting out institutional buyers won’t lower house prices Lawmakers' current efforts to restrict institutional buying of single-family homes won’t put downward pressure on house prices if enacted, as their market share is minimal. 9th May 2024 · 3 mins read
UK Economics Update BoE may cut rates in June and reduce them to 3.00% next year While leaving interest rates at 5.25% today as widely expected, the Bank of England gave the impression that it is close to cutting interest rates and also hinted that rates may need to fall further... 9th May 2024 · 4 mins read
Canada Chart Pack Canada Chart Pack (May 2024) O ur Canada Chart Pack has been updated with the latest data and our analysis of recent developments. The strength of GDP growth in the first quarter is unlikely to be sustained, with growth set to... 9th May 2024 · 0 mins read
UK Economics Rapid Response Bank of England Policy Announcement (May 2024) While leaving interest rates at 5.25% today as widely expected, the Bank of England gave the impression that it is close to cutting interest rates and also hinted that rates may need to fall further... 9th May 2024 · 3 mins read
UK Housing Market Update RICS Residential Market Survey (April 2024) Increasing supply points to softer price growth While sales volumes were robust in April according to the RICS Residential Market Survey, stalling demand and increasing supply suggests that prices... 9th May 2024 · 2 mins read
Australia & New Zealand Economics Update Inflationary pressures in the labour market set to chill All signs are that unit labour cost growth in New Zealand will plummet in the coming quarters. Coupled with subdued domestic demand, that should feed through to lower non-tradables inflation in short... 9th May 2024 · 5 mins read
UK Economics Chart Pack UK Economics Chart Pack (May 2024) While regular private sector wage growth in February and services CPI inflation in March were both a bit higher than the Bank of England had expected, we still think that the flatlining of the economy... 8th May 2024 · 1 min read
Capital Daily The balancing act of a stronger yen for Japan’s markets We expect Japanese government bond (JGB) yields to rise a bit and the yen to come off the boil later this year, creating a headwind for equities there. 8th May 2024 · 4 mins read
US Housing Market Rapid Response US Mortgage Applications (Apr. 2024) The small rebound in mortgage demand in March proved short-lived, as higher borrowing costs caused home purchase mortgage applications to drop 2.3% m/m in April. But the 10-year Treasury yield’s... 8th May 2024 · 2 mins read
