London's skyscrapers tell a rich story about the City's worship of finance

Dec 04, 2016 01:51 am UTC| Insights & Views Economy

A new skyscraper is set to join the City of Londons world-famous collection of oddly-designed buildings with novelty names. With 73 storeys, the Trellis will rival the Shard in height, and overshadow its next-door...

Will Italy's referendum trigger the next crisis?

Dec 04, 2016 01:23 am UTC| Insights & Views Economy

2016 has been a year of political surprises. June gave us Brexit, November US-President elect Donald Trump and December might give us a government crisis in Italy. On December 4, Italians go to the polls to approve or...

China Crisis Series

Chart of the Day Series

Chart of the Day: China bleeds treasuries

Dec 02, 2016 19:49 pm UTC| Commentary Economy

This chart from bond vigilantes shows, how the treasury holdings by Peoples Bank of China has declined to a four-year low amid increasing yields in the United States. Given the increasing interest rates in China,...

UK Construction PMI continues expansion in Nov, raises optimism for near-term outlook

Dec 02, 2016 16:49 pm UTC| Commentary Economy

The UK construction sector expanded further in November to hit an 8-month high. Business activity and new orders increased at the fastest pace since March and there was a sharp deterioration in supplier performance as...

Czech Q3 GDP rises by 0.2 pct q/q, supported by household consumption

Dec 02, 2016 15:15 pm UTC| Commentary Economy

Czech economy growth continued to grow in Q3 2016 on rapidly growing household consumption supported by investment growth which was the main growth factors. Growth in Q3 was still slower pace than in the previous...

Poland's economic downturn to continue through 2017

Dec 02, 2016 12:42 pm UTC| Insights & Views Economy

Polands real economy disappoints significantly in 2016 and the downturn is likely to continue through 2017. Slump in private investment and weaker-than-expected household consumption are seen to be the main drivers behind...

Denmark likely to witness substantial current account surpluses in near term, says Danske Bank

Dec 02, 2016 12:31 pm UTC| Economy Commentary

Denmark has been running significant current account surpluses over the past few years. However, the surplus has trended down recently and we expect it to edge down a bit further in the years to 2020. While the Danish...