UK Data Response Labour Market Data (Aug./Sep.) The latest labour market figures indicated that the economy is finally starting to see the pick-up in productivity that is required for both the recovery to maintain its present momentum and real... 15th October 2014 · 1 min read
Europe Economic Outlook Stalled recovery adds to pressure on policymakers The European economic recovery has weakened, with the euro-zone now at risk of recession and countries outside the region feeling the effects on their exports. While the euro-zone’s peripheral... 13th October 2014 · 1 min read
Canada Data Response Labour Force Survey (Sep.) The stronger than expected 74,100 increase in employment in September, which pushed the unemployment rate down to 6.8%, from 7.0%, suggests that the economy might finally be catching fire. One month... 10th October 2014 · 1 min read
UK Economics Weekly Is the FTSE’s fall signalling a slowdown? On the face of it, the sharp decline in the FTSE 100 to its lowest level since last October appears to be a bad portent regarding the sustainability of the UK economy’s recovery. However, the FTSE’s... 10th October 2014 · 1 min read
Japan Economics Weekly Is the weaker yen doing more harm than good? The weaker yen hasn’t resulted in the hoped-for improvement in export competitiveness. It has boosted corporate profits, but the pass-through to business investment has been weaker than usual... 10th October 2014 · 1 min read
Japan Data Response Consumer Confidence (Sep.) The continued decline in consumer confidence in September adds to the impression from last month’s business sentiment surveys that the recovery remains sluggish. 10th October 2014 · 1 min read
Emerging Europe Economics Update Russian labour data suggest weaker growth a structural problem The fallout from the crisis in Ukraine and the subsequent sanctions imposed by Western governments have certainly contributed to the recent weakness of Russia’s economy. But there are ominous signs –... 9th October 2014 · 1 min read
Asia Economics Update Australia's weak labour market to weigh on consumer spending A fall in employment in September, along with revisions to previous months, has left Australia's labour market looking weak, undermining hopes that stronger consumer spending can help compensate for... 9th October 2014 · 1 min read
US Economics Update More signs of labour market strength The fall in part-time employment is one more positive trend to emerge from September’s Employment Report. And more recent releases provide further signs that the labour market is improving rapidly. 7th October 2014 · 1 min read
Europe Economics Focus Will the euro-zone ever escape abnormality? Don’t be fooled by the apparent normalisation of the euro-zone’s financial markets. Conditions in the currency union’s economy are still a very long way from normal. 6th October 2014 · 1 min read
US Data Response Employment Report (Sep.) & Int. Trade (Aug.) September’s strong Employment Report and August’s decent international trade release have increased the chances that the Fed will raise interest rates next March, as we have been forecasting for some... 3rd October 2014 · 1 min read
UK Economics Chart Pack Recovery aggravates existing imbalances While the economic recovery seems to have broadly maintained its strong pace in the third quarter, the latest national accounts contained signs that the recovery has exacerbated some of the economy’s... 3rd October 2014 · 1 min read
Asia Economics Weekly What next for monetary policy in Singapore? The Monetary Authority of Singapore (MAS) is expected to keep its exchange rate policy on hold at its upcoming bi-annual policy meeting. In any case, the most important changes to monetary conditions... 3rd October 2014 · 1 min read
Global Economics Chart Pack Could Q3 be as good as it gets? Although global growth should be a little faster in the second half of the year than the first, it is unlikely to continue rising in the coming quarters. Admittedly, the US looks set for a sustained... 3rd October 2014 · 1 min read
Europe Chart Pack Economic weakness spreads to Germany The latest survey indicators seem to have confirmed that the euro-zone’s feeble recovery has already passed its peak. September’s fall in the composite PMI, for example, left it consistent with a... 1st October 2014 · 1 min read
Japan Data Response Tankan (Q3) The sharp deterioration in business conditions in the non-manufacturing sector in today's Tankan suggests that output may have shrunk yet again in the third quarter. 1st October 2014 · 1 min read
