London & NY Research


    Daiwa Europe’s market-leading research on the Japanese economy.


    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


Category Clear
Archive Reset



  • US Data Review

    US Data Review

    29 April 2021 157 KB PDF
    • Q1 GDP: expansion on track.
  • Euro Wrap-up

    Euro Wrap-up

    29 April 2021 394 KB PDF
    • Bunds made big losses as flash German and Spanish CPI data beat expectations, the Commission’s euro area economic sentiment indicator posted a record gain, and bank lending to firms in the region accelerated.
    • Gilts followed Bunds and USTs lower on a quiet day for UK economic news.
  • Euro Wrap-up

    Euro Wrap-up

    28 April 2021 335 KB PDF
    • Bunds made losses despite a slight weakening of German consumer confidence.
    • Gilts also made losses as a survey of UK retail prices pointed to a reduction in downward price pressure in April.
  • US Data Review

    US Data Review

    28 April 2021 151 KB PDF
    • International trade in goods: exports and imports surge in March; deficit widens.
  • Euro wrap-up

    Euro wrap-up

    27 April 2021 335 KB PDF
    • Bunds were little changed while the ECB confirmed gross PEPP purchases of €25.0bn last week – the second highest since June – amid modest redemptions, while Italian business confidence rose to a pandemic high.
    • Gilts made modest losses despite an upbeat UK retail survey.
  • US Economic Comment

    US Economic Comment

    26 April 2021 289 KB PDF
    • Unemployment claims: noticeable decline; unclear meaning.
    • Previews: GDP and FOMC.
  • European Banks - Credit Update

    European Banks - Credit Update

    26 April 2021 971 KB PDF
    • 1Q21 Archegos losses overshadow otherwise robust underlying performance at Credit Suisse.
    • EU Taxonomy starts defining sustainable finance market with immediate benefit for covered bonds.
    • One of the quietest weeks of the years for primary SSA and FIG issuance volumes, while spreads in the secondary market firmed up in EUR and USD alike.
  • US Data Review

    US Data Review

    26 April 2021 148 KB PDF
    • Durable goods orders: constrained by aircraft bookings; moderately favorable elsewhere.