The December Sentix Economic Index for the Euro Area missed expectations, declining to -17.5 vs. -12.8 in November. Both the current situation and expectations components declined. As the first sentiment indicator for…
In the final installment of their “PIGS Have Wings” special series, our European investment strategists took a deep dive into the Spanish economy and financial assets. Spain outperformed most developed markets…
German factory orders decreased less than expected in October, falling 1.5% m/m after rising 7.2% in September. Excluding major orders, which often distort the overall picture, core new orders rose 0.1%, after rising 2.7% a month…
Our European Investment Strategy and GeoMacro Strategy teams published a joint report, digging into the structural challenges behind Europe’s economic underperformance, while pointing out to potential turnaround…
France finds itself in a unique, thorny situation. Can it heave itself out of it? And what does it mean for investors?
Investors have given up on European assets, which now suffer exceptional discounts to US ones. However, tighter US fiscal policy, the end of Europe’s austerity and deleveraging, the LNG Tsunami about to hit European shores, and the…
November trading was centered around the US election and its aftermath. US assets led the way, with US equities significantly outperforming their global counterparts. The US dollar strengthened considerably against both DM and EM…