London Housing Markets Chart Pack London Housing Chart Pack (Q3 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 10th July 2023 · 1 min read
Event UK Drop In: June CPI - Macro and policy implications 1689753600 The UK CPI report for June will provide fresh evidence of whether the economy has a persistent inflation problem – and whether the Bank of England will need to do more in response.
Europe Commercial Property Update Rising vacancy to drag on Brussels office rent growth After a lacklustre 2022, the Brussels prime office market has had a brighter start to 2023, as rent growth accelerated while it slowed elsewhere in the euro-zone. But with a cooling jobs market set to... 10th July 2023 · 3 mins read
Europe Economics Update When would the Bundesbank need recapitalising? There are circumstances in which the Bundesbank’s losses over the next few years could require it to be recapitalised by the German government. However, we think these are unlikely to occur and the... 10th July 2023 · 5 mins read
Europe Rapid Response Norway Consumer Prices (June) In June, Norway’s inflation data were much stronger than expected for the second month running. While the Norges Bank has signalled a 25bp interest rate hike at its next meeting in August, June’s data... 10th July 2023 · 2 mins read
Commodities Weekly Russia & Saudi cuts; China’s control over critical metals Despite the flurry of macro data, it was a relatively quiet week for most commodity prices. Generally, a slight weakening in the US dollar, on net, contributed to small price rises. Oil prices were... 7th July 2023 · 4 mins read
UK Economics Weekly Yield curve’s recession warnings could be right this time The gilt yield curve is now the most inverted it has been in 23 years. That’s consistent with our view that a recession is just around the corner. Indeed, we think it’s only a matter of time before... 7th July 2023 · 10 mins read
Emerging Europe Economics Weekly Ruble’s depreciation, Turkey’s adjustment in swing The depreciation of the Russian ruble gathered pace this week amid a continued squeeze on Russia's trade surplus and growing capital outflows. A weaker currency will support the fiscal position, but... 7th July 2023 · 8 mins read
Europe Chart Pack Europe Chart Pack (July 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 7th July 2023 · 1 min read
Europe Economics Weekly Euro-zone recession likely to have continued in Q2 The activity data published this week are consistent with our view that the euro-zone economy contracted again in Q2. Next week, the ECB will publish the account of June’s meeting which is likely to... 7th July 2023 · 9 mins read
Europe Rapid Response German Industrial Production (May 2023) German industrial production fell in May and is likely to have declined in Q2. We think industry will continue to struggle over the rest of this year. 7th July 2023 · 2 mins read
UK Housing Market Update An uneven hit from higher mortgage rates The shift to fixed mortgage rates and the rise in the number of homes owned outright means that while some borrowers face a sharp rise in mortgage payments other homeowners will sit out this interest... 6th July 2023 · 5 mins read
UK Economics Chart Pack UK Economics Chart Pack (Jul. 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 6th July 2023 · 1 min read
Europe Commercial Property Update Pandemic impacts on physical office occupancy The pandemic-induced shift towards homeworking caused a sharp fall in physical office occupancy rates. They have since recovered significantly but remain below pre-pandemic levels. And while lower... 6th July 2023 · 3 mins read
Europe Rapid Response Euro-zone Retail Sales (May 2023) Euro-zone retail sales remained very weak in May and point to household consumption having fallen in Q2. Further out, low consumer confidence and rising interest rates suggest that household... 6th July 2023 · 1 min read
