London & NY Research

  • JAPAN

    Daiwa Europe’s market-leading research on the Japanese economy.

  • EUROPE

    Daiwa’s research coverage of the euro area and UK economies.

  • US

    Daiwa’s coverage of the US economy from our colleagues in New York

FILTER DOCUMENTS

Category Clear
Archive Reset

2018

2017

  • Yen 4Sight

    Yen 4Sight

    20 April 2018 444 KB PDF
    • A probable fall in IP in Q1 looks less severe in light of revisions. Net exports appear to have made no contribution to growth.
    • As expected core inflation eased in March. Growth in labour incomes in February was not as strong as first reported.
  • Euro Wrap-up

    Euro Wrap-up

    20 April 2018 416 KB PDF
    • Bunds were little changed despite a stronger-than-expected euro area consumer sentiment survey.
    • Gilts made gains after yesterday’s dovish comments from Mark Carney which signalled that the MPC is likely to stay on the sidelines in May.
  • Euro Wrap-up

    Euro Wrap-up

    19 April 2018 265 KB PDF
    • Bunds made losses on a quiet day for economic news from the euro area. 
    • Gilts also made sizeable losses despite some weak UK retail sales data.
  • Euro Wrap-up

    Euro Wrap-up

    18 April 2018 402 KB PDF
    • Bunds made losses despite a downward revision to the euro area inflation estimate for March.
    • Gilts made gains as UK inflation surprised on the downside.
  • US Data Review

    US Data Review

    17 April 2018 74 KB PDF
    • Housing starts: jump in multi-family offsets a drop in single-family
    • Industrial production: utility-led increase, but manufacturing & mining also strong
  • Euro Wrap-up

    Euro Wrap-up

    17 April 2018 274 KB PDF
    • Bunds made modest gains as a survey signalled a further deterioration in German economic sentiment.
    • Gilts also made modest gains as the latest UK labour market data showed a fall in unemployment but also softer wage growth than expected.
  • US Data Review

    US Data Review

    16 April 2018 35 KB PDF
    • Retail sales: firm vehicle sales, moderate elsewhere
  • Yen 4Sight

    Yen 4Sight

    13 April 2018 450 KB PDF
    • Domestic economic reports again played second fiddle to trade policy and geopolitical worries over the past week. 
    • If the US-China trade dispute has any impact on Japan, it will likely occur via the financial conditions and confidence channels.