A look at the annualised GDP numbers seems to suggest it is. Trevor Greetham from Fidelity Worldwide investments pens an article for the FT suggesting that Draghi’s magic spells to contain the crisis are wearing thin and that maybe it’s … Continue reading
Bloomberg have been out and about with the clipboard quizzing 55 economists about Europe’s economy, and there’s none too much positivity floating about. Q3 2014 y/y GDP gets cut to 1.0% from 1.1% prior, q/q unchanged at 0.3% Q4 2014 … Continue reading
Prior 52.8 Highest reading since May 2011 New business 53.0 vs 53.6 prior. 12th month of expansion Output prices 48.5 vs 48.3 flash and 49.2 in June Composite PMI 53.8 vs 54.0 exp. Prior 52.8 Comp employment 51.0 vs 50.7 … Continue reading
Prior -0.1% -0.8% vs -1.0% exp y/y. Prior -1.0% EU 28 state 0.1% vs -0.1% prior m/m -0.8% unch y/y Energy the main driver with a rise to 0.5% from -0.2% prior m/m, -2.3% vs -2.7% prior y/y EUR/USD going … Continue reading
Prior 0.5% Core 0.8% vs 0.8% prior y/y Euro unworried at 1.3392 as we tick towards that deflation line…sorry…disinflation line.
The Bertelsmann Stiftung foundation has completed a study on the benefits of European integration and has found that everyone has benefited from the European project. Obviously some have “won” more than others. What is a surprise is who benefited the … Continue reading
Prior 1.0% M3 3m moving average 1.1 vs 0.9% prior Private loans -1.0% vs -1.8% exp. Prior -2.0% An increase in loans could signal some confidence coming into Europe
Eurozone Q1 2014 government debt 9.05bn vs 8.90bn in Q4 2013 and 8.79bn Q1 2013 Debt at 93.9% of GDP vs 92.7% in Q4 2014 and 92.5% Q1 2013 EU 28 states debt 11.57bn vs 11.40bn in Q4 2013 and … Continue reading
S&P sees real GDP in the eurozone up 1.1% in 2014.