Nordic & Swiss Data Response Swiss GDP (Q2 14) Switzerland’s economy unexpectedly stagnated in Q2, suggesting that it is feeling the effects of weakness in the euro-zone, its major trading partner. 2nd September 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) August’s flash euro-zone CPI inflation data underlined the absence of price pressures in the currency union and should encourage the ECB to offer stronger hints of additional policy support to come... 29th August 2014 · 1 min read
Europe Data Response Danish GDP (Q2) The Danish economy unexpectedly contracted in Q2 as a result of a sharp fall inexports, suggesting that Denmark is feeling the effects of the slowdown in itsbiggest trading partner, the euro-zone. 29th August 2014 · 1 min read
Nordic & Swiss Data Response Danish GDP (Q2 14) The Danish economy unexpectedly contracted in Q2 as a result of a sharp fall in exports, suggesting that Denmark is feeling the effects of the slowdown in its biggest trading partner, the euro-zone. 29th August 2014 · 1 min read
Europe Data Response Euro-zone EC Survey (Aug.) August’s larger than expected fall in the EC Economic Sentiment Indicator (ESI)added to worrying evidence that the euro-zone recovery is struggling to gaintraction. 28th August 2014 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q2 14) Q2’s sharp rise in Norwegian GDP made imminent policy action by the Norges Bank look very unlikely. But we still expect the Bank to cut interest rates next year as the krone strengthens further and... 21st August 2014 · 1 min read
Europe Data Response Euro-zone Trade (Jun.) June’s euro-zone trade data provided yet further evidence that the external sectorremains too weak to make up for the region’s feeble domestic recovery. 18th August 2014 · 1 min read
Europe Data Response Euro-zone GDP (Q2 Prov.) The stagnation of the euro-zone economy in the second quarter further underlinedthe need for the European Central Bank (ECB) to take bolder policy action to addressthe continued weakness of the... 14th August 2014 · 1 min read
Europe Data Response Euro-zone Industrial Production (Jun.) June’s euro-zone industrial production data confirmed that industry’s recovery has faltered and suggested that the sector may have dragged on GDP growth in Q2. 13th August 2014 · 1 min read
Europe Data Response Greek GDP (Q2) Greece’s Q2 GDP release suggests that the economy is slowly emerging from the abyss. But growth remains too weak for the country to reduce its huge public debt without significantly more outside help... 13th August 2014 · 1 min read
Europe Data Response German ZEW Survey (Aug.) August’s drop in the ZEW Economic Sentiment Indicator was another worrying signfor the German economy, particularly as perceptions of current conditions are nowweakening along with expectations. 12th August 2014 · 1 min read
Europe Data Response French Industrial Production & German Trade (Jun.) Despite an improvement in June, French industrial data suggest that industry probablydragged on overall euro-zone growth in Q2. Meanwhile, Germany’s latest trade dataindicate that the external sector... 8th August 2014 · 1 min read
Europe Data Response German & Spanish Industrial Production (Jun.) June’s small rise in German industrial production was a huge disappointment, andsuggests that activity in what has been the euro-zone’s strongest economy stagnatedin Q2. This will add to pressure on... 7th August 2014 · 1 min read
Europe Data Response Italian GDP (Q2, Prov.) The second consecutive fall in GDP underlines that Italy’s crisis is not over yet. Withpublic debt still rising, market pressures on the country may yet start to build. 6th August 2014 · 1 min read
Europe Data Response Euro-zone Retail Sales (Jun.) & Final PMIs (Jul.) June’s rise in euro-zone retail sales points to a further modest increase inconsumer spending in the second quarter. But more timely indicators, such astoday’s final PMI figures, suggest that the... 5th August 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jul.) & Unemployment (Jun.) July’s flash euro-zone consumer prices data underlined the continued weaknessof price pressures in the currency union and supported our view that the ECB hasmore work to do to tackle the risk of... 31st July 2014 · 1 min read