Eurozone GDP’s final estimate indicates that growth was slower than expected in Q2. Output grew 0.2% q/q in Q2, compared to 0.3% previously reported. A significant downward revision to capex (2.2% contraction against 1.8%…
Crucial leading indicators of the global and European economies continue to deteriorate. How should investors position their European portfolios to benefit from these trends?
After surprising to the upside in July on higher energy costs, Eurozone CPI resumed its deceleration in August. Headline and core CPI declined from 2.6% y/y to 2.2% and from 2.9% to 2.8%, respectively. Energy prices contracted…
Sentiment among German companies declined in August from 87.0 to 86.6. Current conditions shed 0.6 points to 86.5 while the expectations component ticked 0.2 points lower. It nevertheless exceeded consensus expectations for a…
Our negative stance on European growth and assets is not devoid of risks. To gauge whether these risks warrant upgrading our growth outlook, we monitor Sweden closely. So, what is the current message from this Nordic economy?
According to BCA Research’s European Investment Strategy service, investors should fade the rebound in European equities and bond yields as the euro is also at risk. Last week’s bounce in global equities is…
The unwind of yen carry trades caused violent tremors across the globe. Was this shock a one-off event or the prelude to more troubles?
German Industrial production and factory orders continued their slump in June. The usual powerhouse of the Euro Area economy has been trailing its peers throughout 2024. While both industrial production and factory orders…
After briefly breaking a 27-month streak of negative sentiment back in June, the Eurozone Sentix Economic index disappointed in August. The overall index worsened from July’s negative reading to -13.9, below expectations…