Europe Economic Outlook Deflation dangers persist The recovery in the European economy appears to have picked up a bit of speed in the early months of 2014. The euro-zone now looks set to expand by 1% or more this year, a significant improvement on... 10th April 2014 · 1 min read
Global Markets Update Gulf between US & German bond yields looks set to widen The spread between the yields of 10-year US and German government bonds is close to the largest it has been since the start of EMU. But we think the spread will continue to grow. With this in mind, we... 31st March 2014 · 1 min read
Europe Commercial Property Update Will the recent outperformance of Frankfurt office rents continue? A broad-based economic recovery combined with a modest development pipeline points to rents in the major German office markets making steady gains over the next few years. Yet the recent pick-up in... 28th March 2014 · 1 min read
Europe Data Response German Ifo Survey (Mar.) March’s German Ifo survey echoed the message from other recent surveys that sentiment towards the economy might be starting to soften a little bit. But the current conditions index still points to... 25th March 2014 · 1 min read
Europe Data Response German ZEW Survey (Mar.) & Euro-zone Trade (Jan.) March’s ZEW survey showed that recent concerns over the international environment have had a negative effect on sentiment amongst German investors. But current conditions in the economy remain buoyant... 18th March 2014 · 1 min read
Europe Data Response German Industrial Production (Jan.) Germany’s January industrial production numbers provide some hope that the economy’s main growth engine is starting to pick up some revs. 7th March 2014 · 1 min read
Europe Economics Weekly Stars still aligned for more ECB support Despite last week's stronger than expected euro-zone inflation figures, the combination of still very weak price pressures, the strong euro and recent falls in liquidity in the banking sector still... 3rd March 2014 · 1 min read
Global Markets Update Will Spain’s and Italy’s bond spreads continue to fall? The yield spreads of Spanish and Italian government bonds over German Bunds began to fall sharply following the announcement of the ECB’s Outright Monetary Transactions programme in the summer of 2012... 27th February 2014 · 1 min read
Europe Data Response German Ifo Survey (Feb 14.) The rise in February’s German Ifo survey suggests that the economic recovery has continued to pick up some momentum in the early months of 2014. But growth in the euro-zone’s main engine looks set to... 24th February 2014 · 1 min read
Europe Data Response German ZEW Survey (Feb.) February’s ZEW survey gave mixed signals, suggesting that whilst the economic situation is improving slowly, investors are losing some optimism about the future. 18th February 2014 · 1 min read
Europe Data Response German Industrial Production (Dec.) December’s German industrial production figures came as a bit of a blow to hopes that the euro-zone’s main growth engine was picking up speed. 7th February 2014 · 1 min read
Europe Data Response German Ifo Survey (Jan.) January’s Ifo survey supported the message from other recent evidence that the German economy has started the new year with a reasonable amount of momentum. 27th January 2014 · 1 min read
Europe Data Response German ZEW Survey (Jan.) January’s ZEW survey confirmed that German investors have started the new year in a reasonably optimistic mood. 21st January 2014 · 1 min read
Europe Economic Outlook Deflation dangers cast shadow over recovery The European economy looks set for another year of weak growth in 2014, with the euro-zone likely to do little more than stagnate. Against that background, the European Central Bank (ECB) is likely to... 15th January 2014 · 1 min read
Europe Data Response Euro-zone EC Survey (Dec.) & German IP (Nov.) December's European Commission (EC) monthly business and consumer survey suggested that the euro-zone economy may have gained a bit more momentum towards the end of last year. But the outlook is still... 9th January 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Dec.), PPI (Nov.) & Ger. Unemp. (Dec.) December's fall in euro-zone CPI inflation will add to concerns that the region could suffer from a bout of deflation and increase the pressure on the ECB to take more action to support the economy. 7th January 2014 · 1 min read
