UK Markets Chart Pack Spike in bond yields should not last (Jan 09) Over the past month, global bond yields have risen somewhat in response to growing concerns about the outlook for public finances and sovereign credit risk. Nonetheless, we continue to think that the... 21st January 2009 · 1 min read
UK Markets Chart Pack Bond yields plunge (Dec 08) Over the past month, global short-dated bond yields have plunged as the markets have come round to our view that official interest rates in the UK and elsewhere will drop to record lows. What’s more... 10th December 2008 · 1 min read
Asia Economics Update Should China force a renminbi depreciation? A sizeable depreciation of the renminbi against the dollar would be provocative during a global slump and might do little to help China’s economy. 4th December 2008 · 1 min read
China Economics Update Should China force a renminbi depreciation? A sizeable depreciation of the renminbi against the dollar would be provocative during a global slump and might do little to help China’s economy. 4th December 2008 · 1 min read
UK Markets Outlook Markets pricing in only mild recession UK financial markets have responded strongly to the deterioration in the outlook for the domestic and global economies over recent months, with equity prices and bond yields both falling sharply... 20th November 2008 · 1 min read
UK Economics Update Fiscal boost and lower pound won't do the MPC's job The prospect of a fiscal boost in the forthcoming Pre-Budget Report and the recent sharp fall in the sterling exchange rate are both positive developments for the UK economy. But they will not prevent... 17th November 2008 · 1 min read
UK Markets Chart Pack MPC takes a bold step (Nov 08) The historic 150 basis point cut in interest rates in November shows that the MPC is facing up to the seriousness of the situation. And it is encouraging that three month LIBOR has fallen sharply in... 13th November 2008 · 1 min read
Europe Economics Update Swiss franc’s appreciation supports case for hefty rate cuts The franc’s latest appreciation to a record high against the euro appears to reflect the weakness of the euro-zone economy more than Swiss domestic factors. But the franc’s strength is yet another... 28th October 2008 · 1 min read
Nordic & Swiss Economics Update Swiss franc’s appreciation supports case for hefty rate cuts The franc’s latest appreciation to a record high against the euro appears to reflect the weakness of the euro-zone economy more than Swiss domestic factors. But the franc’s strength is yet another... 28th October 2008 · 1 min read
Nordic & Swiss Economics Update Swedish interest rates to fall to 3.0% by mid 2009 The decision by the Swedish Riksbank to cut interest rates to 3.75%, the second 50 basis points cut this month, clearly shows that the Bank’s full attention is now on preventing a major economic... 23rd October 2008 · 1 min read
Europe Economics Update New forecasts for currencies and commodities The recent acceleration in the dollar’s appreciation against other major currencies (with the notable exception of the yen) reflects a combination of factors, none of which is likely to reverse any... 22nd October 2008 · 1 min read
Asia Economics Update New forecasts for currencies and commodities The recent acceleration in the dollar’s appreciation against other major currencies (with the notable exception of the yen) reflects a combination of factors, none of which is likely to reverse any... 22nd October 2008 · 1 min read
Global Markets Update New forecasts for currencies and commodities The recent acceleration in the dollar’s appreciation against other major currencies (with the notable exception of the yen) reflects a combination of factors, none of which is likely to reverse any... 22nd October 2008 · 1 min read
UK Markets Chart Pack Muted response to bank recapitalisation (Oct 08) The historic measures announced by the UK government and policymakers around the world appear to have avoided a full-scale financial meltdown. But the response of the markets has been fairly muted... 16th October 2008 · 1 min read
Nordic & Swiss Economics Update Iceland’s latest measures no silver bullet for the economy The Icelandic authorities are fighting tooth and nail to restore confidence in the ailing economy and crumbling banking system. But it seems inevitable that the economy is set for a prolonged slowdown... 7th October 2008 · 1 min read
