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

2021

2020

Subscribe to RSS feed
  • Euro Wrap-up

    Euro Wrap-up

    26 November 2020 376 KB PDF
    • Bunds made gains as national consumer surveys signalled a deterioration of sentiment, euro area bank lending to NFCs remained subdued, and the ECB’s flagged growing concerns about the outlook.  
    • Although late reports hinted that a breakthrough on fisheries might be close, Gilts made gains as reports for much of the day suggested that little progress had been made in the EU-UK negotiations.
  • Euro Wrap-up

    Euro Wrap-up

    24 November 2020 506 KB PDF
    • On a day of positive risk appetite, Bunds made losses as the ifo business survey suggested only a relatively modest drop in German GDP in Q4. 
    • Gilts also made losses as a survey also suggested that UK retail sales remain relatively resilient in Q4. 
  • US Data Review

    US Data Review

    24 November 2020 166 KB PDF
    • Consumer confidence: stalled at a low level
  • US Economic Comment

    US Economic Comment

    23 November 2020 324 KB PDF
    • Fed credit facilities: winding down
    • Inflation expectations: a new measure to guide Fed decisions
    • Recent economic statistics: not so bad
  • Euro Wrap-up

    Euro Wrap-up

    23 November 2020 353 KB PDF
    • Following the announcement of positive results from the Oxford-AstraZeneca vaccine trials, Bunds made modest losses even as the flash PMIs suggested that euro area GDP is contracting once again.
    • Gilts also made losses as the flash PMIs also pointed to a weakening in UK economic activity.
  • Euro Wrap-up

    Euro Wrap-up

    20 November 2020 545 KB PDF
    • After leaders failed to resolve their impasse over the EU budget, Bunds made gains as euro area consumer confidence fell to a six-month low.
    • Despite strong retail sales data, Gilts made gains as UK consumer confidence weakened too.
  • Euro Wrap-up

    Euro Wrap-up

    19 November 2020 351 KB PDF
    • Ahead of this evening’s leaders’ teleconference, which appeared unlikely to resolve the impasse over the EU budget and recovery funds, Bunds made gains as data confirmed a drop in euro area construction output at end-Q3.
    • While the EU-UK negotiations were suspended as one participant tested positive for coronavirus, Gilts made modest gains as business surveys pointed to a loss of recovery momentum in the UK.
  • US Data Review

    US Data Review

    19 November 2020 157 KB PDF
    • Existing home sales: a blistering recovery.