Europe Data Response German Industrial Production & Trade (May) May’s sharp rises in German industrial production and exports add to evidence that any negative effects on the sectors from the euro-zone fiscal crisis are being more than offset by the global... 8th July 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Unemployment (Jun.) June’s euro-zone CPI data confirm that price pressures are very subdued. And while the continued fall in German unemployment brings hope of a modest consumer recovery there, it will not be strong... 30th June 2010 · 1 min read
Europe Economics Update German consumers becoming more willing to spend? The recent sharp rise in German consumers’ willingness to buy brings hope that announced fiscal austerity measures have not so far led households to abandon spending plans. But the weakness of... 23rd June 2010 · 1 min read
Europe Commercial Property Update French and German prospects better than derivatives prices imply Commercial property derivatives pricing may be giving too negative a steer on the outlook for French and German capital values. Indeed, in projecting flat or falling property prices, derivatives... 22nd June 2010 · 1 min read
Europe Data Response German Ifo Survey (Jun.) June’s improvement in the German Ifo business survey came as a relief amid evidence elsewhere that troubles in the periphery are starting to damage sentiment in core euro-zone countries. 22nd June 2010 · 1 min read
Europe Commercial Property Update Germany will lag the industrial property recovery in France Despite a stronger recovery in German industrial production, the French industrial property market is performing better than Germany’s. While we suspect that the extent of that relative outperformance... 10th June 2010 · 1 min read
Europe Economics Update Bold fiscal plans are still not enough While the recent flurry of austerity measures in Germany and elsewhere goes some way towards meeting deficit reduction targets, there is considerably more to be done. And with the cuts already... 10th June 2010 · 1 min read
Europe Data Response German Industrial Production/Trade & French Trade (Apr.) April’s rise in German industrial production provides hope that the recovery in the wider economy is gaining momentum. But with fiscal policy in Germany and elsewhere set to be tightened dramatically... 8th June 2010 · 1 min read
Europe Data Response Euro-zone & German Unemployment (Apr./May) April’s further rise in euro-zone unemployment adds to evidence that domestic demand in the region looks set to remain weak. 1st June 2010 · 1 min read
Europe Data Response German CPI (1st Est. May) German headline and core inflation remain very low and look set to fall further. With disinflationary pressures even stronger in many of the smaller euro-zone economies, deflation remains a real... 27th May 2010 · 1 min read
Europe Data Response Euro-zone Flash PMIs & German Ifo (May) May’s falls in the euro-zone PMI and German Ifo business surveys are slightly worrying signs, but both still point to pretty strong growth for the time being. 21st May 2010 · 1 min read
Europe Data Response German ZEW Survey (May), EZ CPI (Apr.) & Trade (Mar.) May’s renewed decline in the ZEW index suggests that investors are still very worried about the effect of the periphery’s problems on the German economy. 18th May 2010 · 1 min read
Europe Commercial Property Update Will German funds accelerate the investment market recovery? In the short-term, March’s €535 million net inflow into German open-ended property funds is likely to boost European commercial property investment volumes and may add to the downwards pressure on... 11th May 2010 · 1 min read
Europe Data Response Germany Trade/France & Italy Industrial Production (Mar.) The latest data from the three main economies suggest that the region ended Q1 on a high note. But while the economic recovery may gain momentum in the short term, a prolonged period of fiscal... 10th May 2010 · 1 min read
Europe Data Response German Industrial Production & French Trade (Mar.) March’s surge in German industrial production confirms that the euro-zone’s largest economy is shaking off troubles in the periphery for now. But weather-related weakness earlier this year suggests... 7th May 2010 · 1 min read
Europe Data Response Euro-zone EC Survey & German Unemployment (Apr.) April’s improvement in the EC business and consumer survey suggests that, for the time being at least, the euro-zone’s fiscal crisis is not preventing a recovery in the broader economy. 29th April 2010 · 1 min read
