UK Housing Market Chart Pack Housing market yet to respond to Government initiatives A further month of depressed data does nothing to change our few that the housing market will continue to grind lower over the remainder of this year and next. And although lenders are claiming that... 4th October 2012 · 1 min read
US Economics Focus Is America a country of part-timers? The sharp rise in the share of employees working part-time may not be as big a concern as it seems at first sight. After all, most of these extra part-timers are still working between 30 and 35 hours... 4th October 2012 · 1 min read
UK Economics Update Falling inflation lays the ground for more QE The MPC’s decision to leave policy on hold today was predictable given the absence of any major economic surprises in recent weeks. We still expect more asset purchases to be announced in November... 4th October 2012 · 1 min read
Africa Economics Update What is economic cost of South Africa’s mining unrest? It is still too early to calculate the full economic impact of labour unrest in South Africa, but our initial estimates suggest that it could knock around 1.5%-pts off GDP in the second half of 2012. 4th October 2012 · 1 min read
Emerging Markets Economics Update QE3: big risk or damp squib? There is growing concern among emerging market (EM) policymakers that a third dose of QE from the Fed will stoke hot money inflows to the developing world, and open up a new front in the so-called... 4th October 2012 · 1 min read
China Economics Update Inflation Monitor (Sep.) Inflation in consumer prices was probably little changed in September. But the outlook is for higher inflation over coming months, which will make policymakers more cautious about further stimulus. 4th October 2012 · 1 min read
Middle East & North Africa Economics Update Kuwait rate cut unlikely to boost economic growth Today’s cut in Kuwait’s benchmark interest rate will do little to boost output growth. Instead, the economy is in desperate need of political stability and progress on the government’s development... 4th October 2012 · 1 min read
Emerging Europe Economics Update Taking stock of Russia’s dwindling current account surplus The forecast by the Central Bank of Russia that the economy will run a current account deficit by 2015 is significant insofar as it represents the first official acknowledgment of something we’ve been... 4th October 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Sep.) Halifax recorded a further decline in house prices during September, which means prices have now fallen in every month of the third quarter. And with the economy still struggling to grow, this trend... 4th October 2012 · 1 min read
Canada Economics Update Rebound in small business optimism no game changer 4th October 2012 · 1 min read
DM Markets Chart Pack Signs the boost from QE3 may already be over The expectation of QE3 from the Fed provided much of the fuel for the rally in risky assets over the summer. But now that those expectations have been met, signs have begun to emerge that the rally is... 3rd October 2012 · 1 min read
Global Economics Update Are global imbalances a thing of the past? The world’s current account imbalances have narrowed since 2008 as a result of the downturn in the US and the surge in investment in China. However, we think they will widen again in the medium term... 3rd October 2012 · 1 min read
Europe Commercial Property Update Just how weak are Greek property markets? Details surrounding last week’s privatisation deal involving the International Broadcasting Centre in Athens suggest that the Greek commercial property market may be even weaker than agency figures... 3rd October 2012 · 1 min read
UK Economics Update Leading indicators point to falls in employment ahead The latest leading labour market indicators suggest that the recent recovery in private sector employment is likely to run out of steam soon. So, with job cuts continuing in the public sector, it... 3rd October 2012 · 1 min read
Europe Chart Pack Economic outlook continues to darken The unveiling of the ECB’s new bond purchase programme may have provided markets with a lift, but further declines in business and consumer sentiment suggest that the overall eurozone economic outlook... 3rd October 2012 · 1 min read
