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

  • US Economic Comment

    US Economic Comment

    4 October 2024 372 KB PDF
    • September employment: suggesting firm underlying labor market conditions
  • US Data Review

    US Data Review

    3 October 2024 265 KB PDF
    • ISM services: firm readings on business activity and new orders; employment signals contraction
    • Unemployment claims: initial claims move up while continuing claims inch lower
  • Euro wrap-up

    Euro wrap-up

    3 October 2024 345 KB PDF
    • Bunds followed USTs lower while euro area producer prices rose for a third successive month on higher energy costs.
    • Gilts made gains as BoE Governor Bailey signalled that the MPC could become a “bit more aggressive” in its rate cuts.
  • Euro wrap-up

    Euro wrap-up

    2 October 2024 254 KB PDF
    • Bunds made losses as euro area unemployment fell below 11mn for the first time.
    • Gilts followed USTs lower on a quiet day for UK economic news.
  • 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.