Macro Analysis

US CPI inflation data for April showed that headline CPI inflation fell to 1.1% – the lowest since 2010. Combined with already very weak Personal Consumption Expenditure price inflation data for March, this presents a very weak inflation picture for the US economy. Refresh Chart   Edit Chart The FOMC’s targeted measure of inflation is [...]

This research note is provided by Fathom Consulting. All of the charts below and many many more, covering a range of topics and countries on both the macroeconomy and financial markets are available in the Chartbook to Datastream users at www.datastream.com. Alternatively you can access Fathom’s Chartbook at www.fathom-consulting.com/TR. Japanese GDP expanded at an annualised [...]

The Nikkei is at a five and a half year high after the yen broke through the psychologically important benchmark of 100 against the US dollar. The falling yen continues to fuel the Japanese equity rally. Refresh Chart   Edit Chart The yen has fallen some 20% against a basket of currencies since late November, [...]

This research note is provided by Fathom Consulting. All of the charts below and many many more, covering a range of topics and countries on both the macroeconomy and financial markets are available in the Chartbook to Datastream users at www.datastream.com. Alternatively you can access Fathom’s Chartbook at www.fathom-consulting.com/TR. Worries about a US economic slowdown [...]

Fresh labour market data from Athens offered a sombre reminder of the painful impact of five years of recession amidst harsh austerity measures. Refresh Chart   Edit Chart The Greek youth unemployment rate jumped from 59.3% in January to 64.2% in February. And that number has risen by more than thirty percentage points over the [...]

April proved to be a somewhat volatile and uncertain month for investors in many asset classes, as traders proved ready to take profits on the first sign of trouble and as the economic overview remains murky at best. The second quarter of 2013 got off to a bumpy and uncertain start in April. On the [...]

In its March budget, the UK government unveiled a programme to aid potential homeowners. The scheme, dubbed ‘Help-to-Buy’, will allow purchasers to secure a mortgage with just a 5% deposit. In order to achieve this, the government will underwrite 14.25% of the value of the property, with the lender required to guarantee a further 0.75%. [...]

This research note is provided by Fathom Consulting. All of the charts below and many many more, covering a range of topics and countries on both the macroeconomy and financial markets are available in the Chartbook to Datastream users at www.datastream.com. Alternatively you can access Fathom’s Chartbook at www.fathom-consulting.com/TR. Expectations of an interest rate cut [...]

Bank deposits data offer one of the best signs of stress in the Euro Area: deposits tend to flee peripheral economies when the financial system appears fragile, and only return once confidence is restored. The ECB recently published figures relating to the end of March – just one working day after Cypriot banks re-opened their [...]

This research note is provided by Fathom Consulting. All of the charts below and many many more, covering a range of topics and countries on both the macroeconomy and financial markets are available in the Chartbook to Datastream users at www.datastream.com. Alternatively you can access Fathom’s Chartbook at www.fathom-consulting.com/TR. Debate among economists and politicians alike [...]