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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2024

2023

  • Euro wrap-up

    Euro wrap-up

    1 October 2024 252 KB PDF
    • Bunds made notable gains as euro area inflation fell below the ECB’s 2% target for the first time since mid-2021, raising expectations for an October rate cut.
    • Gilts also made gains as a UK survey suggested that shop price inflation was the lowest for more than three years.
  • US Data Review

    US Data Review

    1 October 2024 277 KB PDF
    • ISM manufacturing: factory sector stuck at stall speed
    • JOLTS: job openings rebound in August; layoffs decline; quits continue to move lower
  • Euro wrap-up

    Euro wrap-up

    30 September 2024 293 KB PDF
    • Shorter-dated Bunds made modest gains as German inflation fell below 2% for the first time in 2½ years and ECB President Lagarde signalled a possible October rate cut.
    • While UK GDP growth was revised lower in Q2, Gilts made losses as UK mortgage lending and house prices rose the most since 2022.
  • Euro wrap-up

    Euro wrap-up

    27 September 2024 365 KB PDF
    • Bunds made gains as flash inflation figures from France and Spain came in below expectations, while euro area economic confidence fell and German jobless claims rose to a near-four-year high.
    • Gilts also made gains on a quiet day for UK economic news.  
  • US Economic Comment

    US Economic Comment

    27 September 2024 363 KB PDF
    • August inflation: supporting favorable assessments by Fed officials
    • Friday data: readings on consumer spending and trade bolster case for solid Q3 growth
  • Euro wrap-up

    Euro wrap-up

    26 September 2024 270 KB PDF
    • While euro area stock markets made solid gains and German consumer confidence unexpectedly picked up, Bunds were little changed as euro area bank lending remained relatively subdued.
    • Gilts made modest losses at the longer end on a quiet day for UK economic news.
  • US Data Review

    US Data Review

    26 September 2024 271 KB PDF
    • Revised GDP: third estimate of Q2 GDP close to preliminary tally; GDI data revised higher
    • Inflation: firm in Q2
  • US Data Review

    US Data Review

    25 September 2024 180 KB PDF
    • New home sales: partial retracement in August after a burst in the prior month
    • Inventories: stock of units available for sale remains elevated