Nordic & Swiss Data Response Norwegian GDP (Q3 14) Q3’s reasonably solid gain in GDP maintained Norway’s position as the strongest of the Nordic economies. But signs of weaker household spending and the likely negative effects of lower oil prices... 20th November 2014 · 1 min read
Europe Data Response German ZEW Survey (Nov.) November’s rise in German ZEW investor sentiment came as a modest relief after the recent gloomy news on the euro-zone. But the index has not been very reliable in the past and it remains consistent... 18th November 2014 · 1 min read
Europe Data Response Euro-zone Trade (Sep.) The widening of the euro-zone trade surplus to a new record in September was an encouraging sign that exporters are starting to benefit from the weaker euro. But the ECB will need to deliver on hints... 17th November 2014 · 1 min read
Europe Data Response Euro-zone GDP (Q3 Prov.) The small expansion in the euro-zone economy in Q3 has not diminished the need for both the European Central Bank (ECB) and national governments to respond to the persistent risk of deflation in the... 14th November 2014 · 1 min read
Europe Data Response German & French GDP (Q3) Q3’s near stagnation of the German economy confirmed that economic weakness has spread to the core of the single currency area. While France performed marginally better, it seems that the euro-zone... 14th November 2014 · 1 min read
Europe Data Response Euro-zone Industrial Production (Sep.) September’s euro-zone industrial production figures confirmed that industry acted as a drag on the currency union’s economy in Q3 and pose downside risks to Friday’s euro-zone GDP figures. 12th November 2014 · 1 min read
Europe Data Response Swedish CPI (Oct.) The rise in Sweden’s headline inflation rate in October will do little to dispel fears that the country is succumbing to a damaging bout of deflation and will maintain pressure on the Riksbank to... 11th November 2014 · 1 min read
Nordic & Swiss Data Response Swedish CPI (Oct. 14) The rise in Sweden’s headline inflation rate in October will do little to dispel fears that the country is succumbing to a damaging bout of deflation and will maintain pressure on the Riksbank to... 11th November 2014 · 1 min read
Europe Data Response German & French Industrial Production (Sep.) September’s disappointing rebound in German industrial production increased the risks that both the German and euro-zone economies contracted in Q3 and added to the pressure on the ECB and German... 7th November 2014 · 1 min read
Europe Data Response Euro-zone Retail Sales (Sep.) & Final PMIs (Oct.) October’s final composite PMI was slightly below the flash estimate and indicated that the euro-zone economy may have started Q4 on a weak note. 5th November 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Oct.) & Unemployment (Sep.) With euro-zone HICP inflation still close to zero in October and the unemployment rate holding near a record high, there remains a significant risk of deflation in the single currency area. 31st October 2014 · 1 min read
Europe Data Response Euro-zone EC Survey (Oct.) October’s EC Business and Consumer Survey suggests that the euro-zone economy got off to a weak start in Q4, after broadly stagnating in Q3. 30th October 2014 · 1 min read
Europe Data Response ECB Bank Lending Survey (Oct.) The ECB’s October Bank Lending Survey (BLS) provided further evidence of a slow improvement in euro-zone credit conditions. But lending standards are still tight and the faltering economic recovery... 29th October 2014 · 1 min read
Europe Data Response German Ifo Survey (Oct.) October’s fall in Ifo business sentiment was a blow to hopes that the German recovery should resume at the end of the year and will add to pressure on the Government there to consider a fiscal boost. 27th October 2014 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Oct.) October’s modest rise in the euro-zone composite PMI left it still dangerously close to the no change level of 50. With hard data pointing to a possible fall in GDP in Q3, the region may still have... 23rd October 2014 · 1 min read
Europe Data Response Euro-zone Trade (Aug.) & Final CPI (Sep.) The widening of the euro-zone trade surplus in August reflected a drop in importsrelated to weak domestic demand rather than a rise in exports. It still looks like theeconomy failed to grow in Q3 and... 16th October 2014 · 1 min read
