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

  • TenneT NL - Issuer Profile

    TenneT NL - Issuer Profile

    30 June 2026 364 KB PDF
    • TenneT NL is the Dutch subsidiary and intermediate holding company of TenneT Holding B.V., which is wholly owned by the Dutch state via the Ministry of Finance. 
    • TenneT NL is the sole electricity transmission systems operator (TSO) in the Netherlands, responsible for the country's high-voltage transmission network. 
  • Euro wrap-up

    Euro wrap-up

    30 June 2026 345 KB PDF
    • Bunds ended the day little changed as German and French inflation surprised to the downside in June but consumer spending strengthened in May.
    • Despite soft signals from a UK shop price survey, Gilts made losses as the Government outlined its plans to increase defence spending.
  • Euro wrap-up

    Euro wrap-up

    29 June 2026 311 KB PDF
    • Ahead of President Lagarde’s opening speech at the ECB central banking forum, Bunds made modest losses as Spanish inflation remained sticky in June but inflation expectations eased.
    • As UK PM-in-waiting Burnham insisted that he would stick with the Starmer/Reeves fiscal rules, Gilts outperformed slightly while UK mortgage lending and approvals fell to their lowest since January 2024.
  • Euro wrap-up

    Euro wrap-up

    26 June 2026 353 KB PDF
    • Bunds made modest further gains while an ECB consumer survey suggested that near-term inflation expectations had moderated but medium-term forecasts remained elevated.
    • Gilts made modest losses on a quiet day for UK economic news.
  • US Economic Comment

    US Economic Comment

    26 June 2026 445 KB PDF
    • Inflation: elevated in May, but guarded hope that pressure has peaked; caution, none the-less, is warranted, as data on cyclical versus acyclical components of prices suggests the Fed may face further challenges in returning to 2 percent
    • GDP: revised Q2 outlook amid several pertinent data releases
  • Euro wrap-up

    Euro wrap-up

    25 June 2026 284 KB PDF
    • Bunds made modest gains as German and French consumer surveys suggested that household purchase intentions remained weak despite a decline in inflation expectations.
    • Longer-dated Gilts underperformed on a quiet day for UK economic news.
  • US Data Review

    US Data Review

    25 June 2026 290 KB PDF
    • Price index for personal consumption expenditures: both headline and core register brisk increases, although pressure likely to abate with recent drop in oil prices
    • Personal income and consumption: solid nominal income growth exceeded expectations, although real income growth eased year-over-year, while real consumer spending rose moderately from downward-revised reading – suggesting solid household spending in Q2
  • Euro wrap-up

    Euro wrap-up

    24 June 2026 262 KB PDF
    • Bunds followed the global trend higher as the oil price maintained a downwards trend, while the German ifo survey pointed to soft GDP growth in Q2 despite further signs of stabilisation in June.
    • Gilts also made gains on a quiet day for UK economic data.