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

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2026

2025

  • Euro wrap-up

    Euro wrap-up

    3 February 2026 267 KB PDF
    • While French inflation undershot expectations, Bund followed USTs lower.
    • Gilts were little changed on a quiet day for UK economic news.
  • US Data Review

    US Data Review

    2 February 2026 199 KB PDF
    • ISM manufacturing: jump to the highest read since 2022; prices remain elevated
  • Euro wrap-up

    Euro wrap-up

    2 February 2026 281 KB PDF
    • Bunds followed USTs lower while German retail sales data confirmed a return to growth in Q4.
    • While the final UK manufacturing PMI survey pointed to ongoing recovery in the sector with the orders index up to a four-year high, Gilts made very modest gains.
  • Euro wrap-up

    Euro wrap-up

    30 January 2026 402 KB PDF
    • While euro area GDP growth beat expectations, the unemployment rate fell back to a series low and German inflation surprised to the upside, Bunds ended the week little changed.
    • Gilts followed longer-dated USTs slightly lower on a quiet day for UK data.
  • Euro wrap-up

    Euro wrap-up

    29 January 2026 325 KB PDF
    • While the Commission survey pointed to the firmest euro area growth momentum in three years, Bunds made gains.  
    • Gilts outperformed on a quiet day for UK economic news.
  • Euro wrap-up

    Euro wrap-up

    28 January 2026 281 KB PDF
    • Bunds made modest gains after a German consumer survey showed household purchase intentions rose to a three year high in January.
    • Longer-dated Gilts followed Treasuries slightly lower on a quiet day for UK economic developments.
  • US FOMC Review

    US FOMC Review

    28 January 2026 201 KB PDF
    • FOMC: a dovish pause amid risks to both sides of the dual mandate
    • Two dissents in favor of easier policy
  • US Data Review

    US Data Review

    27 January 2026 248 KB PDF
    • Consumer confidence: swoon in January influenced by views on inflation and the labor market