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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2025

2024

2023

  • Euro Wrap-up

    Euro Wrap-up

    15 March 2024 359 KB PDF
    • Bunds made modest losses even as a German survey reported a notable drop in household medium-term inflation expectations.
    • Gilts also posted marginal losses while a BoE survey suggested that household inflation expectations remain relatively well anchored.
  • US Economic Comment

    US Economic Comment

    15 March 2024 520 KB PDF
    • The March 19-20 FOMC: rates on hold as inflation stirs
    • Fed forecasts: modest revisions expected
    • Quantitative tightening: changes upcoming, but announcement of formal plans unlikely next week
  • Issuer Profile - Mediobanca S.p.A.

    Issuer Profile - Mediobanca S.p.A.

    15 March 2024 407 KB PDF
  • US Data Review

    US Data Review

    14 March 2024 408 KB PDF
    • Retail sales: lackluster performance in February after weather-related disruptions in the prior month
    • PPI: pressure in February led by a jump in energy prices
  • Euro Wrap-up

    Euro Wrap-up

    13 March 2024 322 KB PDF
    • Bunds made losses even as euro area industrial production surprised to the downside in January amid weakness in the capital goods sector.
    • Gilts also made losses as UK GDP returned to modest positive growth at the start of 2024, albeit maintaining a broadly sideways trend.
  • Euro Wrap-up

    Euro Wrap-up

    12 March 2024 291 KB PDF
    • Bunds followed USTs lower as German core HICP inflation edged slightly higher in February, while headline inflation fell further on lower food inflation.  
    • Gilts made gains amid signs of a less tight UK labour market, with unemployment and redundancies up, employment and job vacancies lower, and wage growth softer too. 
  • US Data Review

    US Data Review

    12 March 2024 355 KB PDF
    • CPI: ongoing pressure in core services
  • Euro Wrap-up

    Euro Wrap-up

    8 March 2024 336 KB PDF
    • Despite a pickup in German industrial production, Bunds made gains as euro area national accounts figures confirmed that wages and unit labour costs growth slowed in Q4.
    • Gilts also made modest gains on a quiet day for UK economic news.