The sell-off in Italian bonds continued this week, and although we think that Italian yields have further to rise, we suspect that contagion will remain limited. Meanwhile, data released this week for the euro-zone showed that the economy did better in the first half of the year than previously thought, and that the direct impact of US trade tariffs has so far been negligible.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services