Canada Economics Weekly What would a Greek euro exit mean for Canada? Although Greece's departure from the euro now seems almost inevitable, that should have only moderate consequences for well capitalised Canadian banks and the Canadian economy, even if the exit from... 21st May 2012 · 1 min read
US Economics Weekly US economy should shrug off Greek exit All things considered, we don't expect Greece's eventual exit from the euro-zone to have any devastating impact on the US economy, even if the exit from the single currency is compounded by a Greek... 21st May 2012 · 1 min read
Japan Economics Weekly Power shortages will bite hard this summer The government’s power saving plan for the summer confirms Japan will face acute power shortages. The hardest hit regions will experience shortages in excess of 15% compared to 2010 levels, and... 21st May 2012 · 1 min read
Europe Economics Weekly The exit path becomes clearer Developments last week shed more light on the course of events which could culminate in the exit of Greece from the euro-zone. The failure of the political parties to form a coalition or even appoint... 21st May 2012 · 1 min read
UK Economics Weekly Euro-zone threat intensifies Differences in foreclosure procedures will be one determinant of when State-level housing markets improve. While the national housing market is in the early stages of a recovery, many of the judicial... 21st May 2012 · 1 min read
Asia Economics Weekly Better placed than most to weather Greece exit storm Political deadlock in Greece has re-ignited market fears of euro-zone break-up. While Asia would not escape unscathed from turmoil associated with Greece’s departure from the currency union, the... 21st May 2012 · 1 min read
Latin America Economics Update Strong start to the year in Chile unlikely to last The Chilean economy registered strong growth in Q1, but we doubt that the impressive performance can be maintained. With copper prices already down by about 10% so far this month, and likely to fall... 18th May 2012 · 1 min read
Canada Data Response Consumer Price Index (Apr.) April's surprising rise in the official 'core' inflation figure, which rose to 2.1% from 1.9% in March, partially reflects higher motor vehicle prices and does not suggest higher inflation ahead. More... 18th May 2012 · 1 min read
Emerging Europe Economics Update Emerging Europe’s currencies caught in the crossfire The growing risk of Greece leaving the euro-zone has taken a heavy toll on Emerging Europe’s currencies. Most are now back at their lows seen in the autumn of last year. Looking ahead, there is... 18th May 2012 · 1 min read
US Housing Market Update Foreclosure procedures offer clues to State-level outlook Differences in foreclosure procedures will be one determinant of when State-level housing markets improve. While the national housing market is in the early stages of a recovery, many of the judicial... 18th May 2012 · 1 min read
UK Commercial Property Update The pace of deleveraging may pick up even further Not surprisingly, the latest De Montfort survey highlights lenders’ increased concern about the impact of the euro-zone’s plight on UK commercial property. But given the survey relates to 2011, this... 18th May 2012 · 1 min read
Latin America Economics Update Spanish banking links revisited The direct exposure of Latin American banks to the deepening crisis in Spain is not as great as it seems at first sight. Even so, there are at least three ways in which the region’s banks could be hit... 18th May 2012 · 1 min read
Europe Commercial Property Update Will the rally in Bucharest office yields be reversed? The compression in office yields in Bucharest seen over the past two years is hard to reconcile with weak financial service sector activity, and the implied weakening in occupier demand. Therefore, we... 18th May 2012 · 1 min read
Asia Economics Update What would a rebalancing of China’s economy mean for Asia? A rebalancing of China’s economy away from investment and towards consumption would be bad for the region’s capital goods and commodities exporters, with Korea, Indonesia and Australia likely to be... 18th May 2012 · 1 min read
