Europe Economics Weekly Time is running out for Greece The failure of the Eurogroup last week to agree even on steps for further discussions on Greece does not bode well for the emergence of a full solution at Monday’s meeting. This could prompt nerves... 13th February 2015 · 1 min read
Global Markets Update Have Basel III regulations fuelled the rally in US Treasuries? Basel III regulations appear to have increased US banks’ demand for Treasuries and helped to depress yields at the short end of the curve. What’s more, the continued phasing in of the regulations... 13th February 2015 · 1 min read
China Data Response Bank Lending & Broad Credit (Jan.) Today’s lending data suggest that while a slightly more accommodative policy stance has continued to support bank lending, broader credit growth remains on a downward path. 13th February 2015 · 1 min read
Europe Economics Update How would Greece leave the euro? With euro-zone leaders struggling to reach a workable solution to Greece’s debt problems, the chances of a Greek exit from the currency union have risen. In 2012, Capital Economics won the Wolfson... 12th February 2015 · 1 min read
Global Economics Focus Is deleveraging over? It is often claimed that the world is “awash with debt” and that there has been little, if any, progress with deleveraging since the global financial crisis. But in reality, the picture is more mixed... 11th February 2015 · 1 min read
Emerging Europe Economics Update Czech Rep: Euro-zone clouds outlook, policy to be eased further Renewed weakness in Germany and the crisis in Russia will weigh on the Czech Republic’s key export sector in the coming quarters. However, the conditions are in place for domestic demand to strengthen... 10th February 2015 · 1 min read
Europe Economics Update Can capital controls save Greece? The Greek Government may need to resort to capital controls to prevent the flow of deposits from its banks, particularly if the ECB withdraws access to central bank funding altogether. But once the... 9th February 2015 · 1 min read
Europe Economics Weekly Grexit risks rising Several developments last week arguably brought Greece closer to exiting the euro-zone than it has ever been. While the Government appeared to give ground on its demands for debt restructuring, its... 6th February 2015 · 1 min read
UK Housing Market Chart Pack House prices start the year on a stable footing The slowdown in the housing market appears to be bottoming out, helped by record low mortgage rates, rising real earnings and the reform to stamp duty. If banks respond to the increase in demand by... 6th February 2015 · 1 min read
Asia Economics Weekly Will more of Asia's central banks join the loosening cycle? There has been a clear shift towards looser monetary policy around the world since late 2014, and several Asian central banks have been part of the trend. Any further moves over the coming months are... 6th February 2015 · 1 min read
India Economics Update A health-check of the banking sector Recent moves from the Reserve Bank of India (RBI) to encourage more lending have brought the health of the domestic banking sector under scrutiny. But while the level of bad loans in the system have... 6th February 2015 · 1 min read
Europe Chart Pack Modest recovery continues despite Greek crisis Euro-zone economic activity has continued to recover despite the troubles in Greece. For now, worries about the crisis seem to have been offset by the benefits of a weaker euro and falling producer... 5th February 2015 · 1 min read
Global Economics Chart Pack Global growth rate set to recover After slowing in the second half of last year, global growth is likely to gather pace again in the coming quarters. Admittedly, the drop in oil prices since last summer has prompted energy companies... 5th February 2015 · 1 min read
Europe Economics Update Greek bank collapse would probably trigger “Grexit” The Greek banking sector is once again buckling under the weight of substantial deposit outflows and market concerns about the country’s future inside the euro-zone. There is a significant risk that... 3rd February 2015 · 1 min read
Canada Economics Weekly Household balance sheet risks unevenly spread The latest Survey of Financial Security reveals that household balance sheet risks have increased and the burden of that risk is concentrated among individuals in the 35 to 44 age bracket. Enamoured... 2nd February 2015 · 1 min read
UK Economics Update Monetary Indicators Monitor (Jan.) December’s money and credit figures brought some tentative signs that lending flows are finally beginning to strengthen and so are providing some timely support to the economic recovery. 30th January 2015 · 1 min read
