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

2026

2025

Subscribe to RSS feed
  • Euro wrap-up

    Euro wrap-up

    8 June 2026 249 KB PDF
    • After the escalation of conflict in the Middle East over the weekend, Bunds opened lower before paring losses over the day, while German new factory orders fell back at the start of Q2.
    • Gilts also made losses, while a UK survey pointed to a further softening in labour demand and pay growth in May.
  • Euro wrap-up

    Euro wrap-up

    5 June 2026 372 KB PDF
    • While revised euro area GDP data reported a contraction in Q1, Bunds followed USTs lower. 
    • Gilts ended the day little changed, while a UK survey suggested that business inflation and wage expectations remain relatively well behaved
  • US Economic Comment

    US Economic Comment

    5 June 2026 395 KB PDF
    • May employment: firming job growth and low unemployment suggest Fed on hold for foreseeable future
  • Euro wrap-up

    Euro wrap-up

    4 June 2026 362 KB PDF
    • Bunds followed the global trend higher as euro area retail sales fell in April and revised Irish GDP estimates reported a record contraction.  
    • Gilts also made gains as the UK construction PMI fell to a six-year low, but new car registrations in May were the best since 2019.
  • Euro wrap-up

    Euro wrap-up

    3 June 2026 307 KB PDF
    • Bunds followed the global trend lower as tensions in the Middle East intensified, while European producer price inflation rose to the highest level in three years.
    • Gilts also made losses, while the final UK composite output PMI was revised notably higher albeit remaining consistent with stagnation.
  • US Data Review

    US Data Review

    3 June 2026 202 KB PDF
    • ISM services: increase in composite led by rebound in new orders; prices rise to new multi-year high
  • Euro wrap-up

    Euro wrap-up

    2 June 2026 326 KB PDF
    • While euro area inflation rose to the highest level since September 2023 and core inflation surprised to the upside, Bunds followed USTs higher.
    • Gilts also made gains as BoE Governor Bailey reiterated that tighter financial conditions allowed the MPC time to assess the impact of the energy shock.
  • Euro wrap-up

    Euro wrap-up

    1 June 2026 299 KB PDF
    • Bund yields followed the global trend higher as oil prices rose on reports that Iran will halt discussions with the US, while European data showed that household inflation expectations remained elevated, the labour market remained resilient but German retail sales fell further.
    • Gilts underperformed on a quiet day for UK economic news.