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

2025

2024

  • Euro wrap-up

    Euro wrap-up

    27 November 2024 290 KB PDF
    • Despite a sharp deterioration in German and French consumer confidence, shorter-dated Bunds made losses as the hawkish Executive Board member Schnabel cautioned against cutting interest rates into accommodative territory.
    • Gilts followed USTs higher on a quiet day for UK economic news.
  • US Data Review

    US Data Review

    27 November 2024 265 KB PDF
    • PCE price indexes: in line with expectations; recent readings call for cautions approach by the FOMC
    • Revised Q3 GDP: headline in line with advance estimate; modest revisions to components
  • US Data Review

    US Data Review

    26 November 2024 265 KB PDF
    • FHFA house price index: firm increase in September
    • New home sales: sales drop in October, likely influenced by adverse weather; inventory of homes available for sale remains elevated
  • Euro wrap-up

    Euro wrap-up

    25 November 2024 252 KB PDF
    • Longer-dated Bunds made further gains as the German ifo business survey tallied with last week’s flash PMIs to suggest a deterioration in conditions in Q4.
    • Gilts followed USTs higher on a quiet day for UK economic news.
  • Euro wrap-up

    Euro wrap-up

    22 November 2024 444 KB PDF
    • Bunds made substantial gains as the flash euro area PMIs signalled a significant weakening in economic activity, with a steeper pace of contraction in Germany and France.
    • Gilts also made gains as the flash UK PMIs pointed to stagnation in the middle of the Q4.
  • US Economic Comment

    US Economic Comment

    22 November 2024 364 KB PDF
    • Updated Fed call: on track for neutral amid somewhat fewer cuts
    • S&P Flash PMIs: manufacturing sector sluggish, while service sector activity remained firm
  • US Data Review

    US Data Review

    21 November 2024 201 KB PDF
    • Unemployment insurance: initial claims continue to move lower from October highs; continuing claims rise to new cycle high
    • Existing home sales: increase in activity supported by advances in all major regions; inventory situation remains constrained from long-term perspective
  • Euro wrap-up

    Euro wrap-up

    21 November 2024 283 KB PDF
    • Bunds made gains as the flash euro area consumer confidence index fell in November by the most in 14 months.
    • While UK public sector net borrowing exceeded expectations, Gilts made gains as BoE Deputy Governor Ramsden made a case for cutting Bank Rate more quickly if the labour market continues to loosen.