Filtered by Subscriptions: Europe Economics Use setting Europe Economics
This report is only available as a PDF. Click to download. … German Industrial Production (May) …
7th July 2008
This report is only available as a PDF. Click to download. … Where will surging inflation do the most damage? …
A softer tone from the European Central Bank has supported our view that today’s interest rate hike will not be the first in a series. Indeed, given more signs lately of a marked slowdown in economic activity in the region, we still expect the next move …
3rd July 2008
This report is only available as a PDF. Click to download. … Euro-zone Retail Sales (May) & Final Composite PMI (Jun.) …
The decision by the Riksbank to raise interest rates from 4.25% to 4.50% was widely expected, but the Bank’s signal that rates could rise twice more this year shows that it believes the economy will need to slow sharply in order to contain inflationary …
The latest data have provided further evidence of a marked slowdown in euro-zone economic activity. The key business surveys turned down in June, suggesting that growth in Q2 will nowhere near match Q1’s 0.8% gain. But despite the weaker outlook for …
2nd July 2008
Spanish football may be flying high at the moment, but Spain’s industrial activity indicators have recently divebombed, adding to the economy’s mounting woes. … Industrial sector adding to Spain’s …
1st July 2008
This report is only available as a PDF. Click to download. … Euro-zone Unemployment (May) …
This report is only available as a PDF. Click to download. … Ireland heading for recession …
30th June 2008
The contraction in the Irish economy in Q1 confirmed that the boom of the last decade has finally turned to bust. It seems very likely that the economy is heading into a property-led recession. … Ireland heading for …
This report is only available as a PDF. Click to download. … German solidity vs. Spanish exuberance …
This report is only available as a PDF. Click to download. … German CPI (1st Est. Jun.) …
27th June 2008
This report is only available as a PDF. Click to download. … Euro-zone EC Survey (Jun.) & Current Account (Apr.) …
This report is only available as a PDF. Click to download. … Swiss KOF Barometer (Jun.) …
The ECB will deliver the signalled interest rate hike this month, despite further evidence of a slowdown in economic activity in the euro-zone. Inflation fears could keep the Bank in hawkish mode for a few months yet. But we do not expect July’s hike to …
26th June 2008
This report is only available as a PDF. Click to download. … Euro-zone M3 (May), Fr. Cons & It. Bus Confidence (Jun.) …
The Norges Bank’s decision to raise interest rates again today clearly shows that it remains concerned about rising inflationary pressures. This will support the Norwegian krone in the near term. … Norges Bank responds to inflation …
25th June 2008
nd’s dependence on the troubled financial services sector points to the risk of an extremely hard landing. We think that the consensus forecasts for Swiss GDP growth are much too complacent and see the economy suffering an outright recession this year. … …
24th June 2008
This report is only available as a PDF. Click to download. … French Con. Spend. (May), German & Italian Confidence (Jun./Jul.) …
Switzerland’s dependence on the troubled financial services sector points to the risk of an extremely hard landing. We think that the consensus forecasts for Swiss GDP growth are much too complacent and see the economy suffering an outright recession this …
This report is only available as a PDF. Click to download. … Euro-zone Flash PMI & German Ifo Survey (Jun.) …
23rd June 2008
This report is only available as a PDF. Click to download. … High inflation expectations still spooking the ECB …
The Swiss National Bank’s decision to leave its target range for three-month interest rates on hold (at a mid-point of 2.75%) was a relief amid concerns that inflation fears might force the Bank to hike rates. Comments accompanying the decision do not …
19th June 2008
The Swiss National Bank’s decision to leave its target range for three-month interest rates on hold (at amid-point of 2.75%) was a relief amid concerns that inflation fears might force the Bank to hike rates. Comments accompanying the decision do not …
This report is only available as a PDF. Click to download. … German ZEW Survey (Jun.) & Euro-zone Trade Balance (Apr.) …
17th June 2008
The further fall in Swedish house prices in May adds weight to our view that household spending growth will slow sharply this year. This should ultimately prompt the Riksbank to cut rates in 2009. But with CPI inflation at a 15-year high, another rate …
16th June 2008
This report is only available as a PDF. Click to download. … ECB’s comments do little to calm the markets’ nerves …
This report is only available as a PDF. Click to download. … Euro-zone Employment & Labour Costs (Q1) …
13th June 2008
This report is only available as a PDF. Click to download. … Euro-zone Industrial Production (Apr.) …
12th June 2008
A “no” vote in Thursday’s Irish referendum on the EU’s Treaty of Lisbon would put a spanner in the works of the Treaty’s ratification process. Just as importantly, it may add to concerns that the region’s economic divergences are increasing political …
11th June 2008
This report is only available as a PDF. Click to download. … Italian GDP (Q1), French & Italian Industrial Production (Apr.) …
10th June 2008
This report is only available as a PDF. Click to download. … A warning shot …
9th June 2008
This report is only available as a PDF. Click to download. … German Industrial Production (Apr.) …
6th June 2008
The European Central Bank sent a strong signal today that it is likely to raise interest rates in July or August. But the Bank’s inflation phobia clearly increases the risks of a sharp slowdown in the eurozone economy next year, implying that interest …
5th June 2008
The strong pick-up in euro-zone GDP in Q1 brought further evidence that the region is performing well compared to the slowing US and UK economies. Admittedly, part of the 0.8% quarterly increase reflected temporary factors, which might be unwound in Q2. …
4th June 2008
The recent run of bad news from Spain suggests that consumers’ wallets will remain firmly closed this year. While the Government’s fiscal package may provide households with a temporary boost in the second half of this year, it will not be able to offset …
3rd June 2008
This report is only available as a PDF. Click to download. … Euro-zone GDP (Q1), & Producer Prices (Apr.) …
Concerns about the health of the Swedish banking system have increased further in response to a growing threat of an exchange rate devaluation in the Baltics. While the impact of such a devaluation on the Swedish banking system may be exaggerated, rising …
This report is only available as a PDF. Click to download. … Swiss GDP (Q1) & Manufacturing PMI (May) …
2nd June 2008
This report is only available as a PDF. Click to download. … Money data overstates inflation dangers …
This report is only available as a PDF. Click to download. … Euro-zone Flash CPI (May) & Unemployment (Apr.) …
30th May 2008
This report is only available as a PDF. Click to download. … Sweden GDP (Q1) …
ECB President Trichet will maintain a familiarly hawkish tone at June’s press conference, perhaps adding to speculation that interest rates could yet rise further. We still expect inflation to moderate towards the end of this year as slowing activity …
29th May 2008
This report is only available as a PDF. Click to download. … Euro-zone EC Survey (May) & M3 Money Supply (Apr.) …
This report is only available as a PDF. Click to download. … Germany CPI (1st Est. May) …
28th May 2008
The Spanish banking system looks in relatively good health compared to those of some other eurozone economies. Nonetheless, a major adjustment in the domestic property sector could still cause banks serious problems and exacerbate the downturn in the …
27th May 2008
This report is only available as a PDF. Click to download. … Germany GDP (Q1), France & Italy Business Confidence (May) …
