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

  • Euro wrap-up

    Euro wrap-up

    19 May 2026 388 KB PDF
    • Bunds followed USTs lower while the euro area trade surplus narrowed to a 9-month low on higher energy prices.
    • Despite another soft UK labour market report, Gilts also made losses.
  • US Economic Comment

    US Economic Comment

    15 May 2026 407 KB PDF
    • April inflation: running hot 15
    • Q2 consumer spending: early data suggest households remain active despite higher energy costs, but a pickup in debt delinquencies suggests emerging strains
  • Euro wrap-up

    Euro wrap-up

    14 May 2026 399 KB PDF
    • While UK GDP growth accelerated in Q1 and risks of a challenge to Starmer’s leadership were heightened by the resignation of a Cabinet minister, Gilts made gains.
    • Bunds also made modest gains on a quiet day for euro area economic news.
  • US Data Review

    US Data Review

    14 May 2026 223 KB PDF
    • Retail sales: solid performance amid rising gasoline prices
  • Euro wrap-up

    Euro wrap-up

    13 May 2026 350 KB PDF
    • Bunds ended the day little changed amid mixed ECB commentary about a potential June rate hike, confirmation of soft euro area GDP and employment growth and a sharp contraction in IP in Q1.  
    • Gilts partially reversed recent losses, despite rumours of an imminent challenge to Starmer’s leadership.
  • Euro wrap-up

    Euro wrap-up

    12 May 2026 443 KB PDF
    • Bunds followed the global trend lower, while an investor survey flagged ongoing challenges to Germany’s near-term economic outlook.
    • Gilts underperformed as markets reacted to increasing calls for UK PM Starmer to step down and the prospects of looser fiscal policy under his potential successors.
  • US Data Review

    US Data Review

    12 May 2026 205 KB PDF
    • CPI: Another energy-led spike in the headline; brisk advance in core partly reflected a technical adjustment to shelter components
  • US Data Review

    US Data Review

    11 May 2026 200 KB PDF
    • Existing home sales: activity up slightly in April