Europe Data Response German Industrial Production & French Trade (Aug.) The latest German industrial and French trade data suggest that, despite ongoing fears about the region’s periphery, the immediate risk of a “double dip” recession in the euro-zone as a whole is small... 7th October 2010 · 1 min read
Europe Data Response Euro-zone Unemployment (Aug.) Euro-zone unemployment figures for August showed further signs of improvement in labour market conditions in some core economies but unemployment continued to rise in the peripheral economies. 1st October 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI & German Unemployment (Sep.) September’s rise in euro-zone CPI inflation probably reflected energy and food effects, while underlying price pressures remain very weak. 30th September 2010 · 1 min read
Europe Data Response Euro-zone EC Survey (Sep.) September’s improvement in the EC business and consumer survey comes as a relief after recent weaker news on the euro-zone. But the survey still points to much slower growth in Q3 than in Q2. 29th September 2010 · 1 min read
Europe Data Response German Flash CPI (Sep.) & Consumer Confidence (Oct.) September’s rise in German HICP inflation appears to have reflected temporary energy and food effects. Core inflation remains extremely subdued and we still see the headline rate coming close to zero... 28th September 2010 · 1 min read
Europe Data Response German Ifo Survey (Sep.) September’s small rise in the German Ifo brings hope that the euro-zone’s largest economy is faring very well for now. But with export growth already slowing, we expect the index to follow the PMI... 24th September 2010 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Sep.) September’s plunge in the euro-zone PMI is the strongest sign yet that the eurozone recovery is rapidly losing momentum and that parts of the region may already have fallen back into recession. 23rd September 2010 · 1 min read
Europe Data Response Ireland GDP (Q2) Ireland’s disappointing GDP figures for Q2 support our view that the economy is a long way from staging a sustained recovery and will do nothing to ease markets’ fears about the health of the Irish... 23rd September 2010 · 1 min read
Europe Data Response Euro-zone Trade Balance (Jul.) July’s fall in euro-zone exports is another sign that GDP growth will weaken in Q3 after Q2’s strong expansion. And with exports set to slow further in the months ahead, a consumer revival would be... 16th September 2010 · 1 min read
Europe Data Response German ZEW (Sep.), EZ Ind. Prod'n (Jul.) & Labour Costs (Q2) The drop in German ZEW economic sentiment in September and July’s stagnation in euro-zone industrial production confirm that the euro-zone recovery is slowing again after Q2’s strong expansion. 14th September 2010 · 1 min read
Europe Data Response Italian GDP (Q2), Italian & French Industrial Production (Jul.) Q2’s Italian GDP figures confirmed that Italy continued to expand at a pretty healthy pace last quarter. But we think that the recovery may already have run its course and that there is a strong... 10th September 2010 · 1 min read
Europe Data Response German Industrial Production & Trade & Spanish Ind. Prod. (Jul.) The latest German industrial and trade data add to evidence that the recoveries in these sectors are beginning to lose momentum. Nonetheless, Germany looks set to remain the euro-zone’s main engine of... 8th September 2010 · 1 min read
Europe Data Response Euro-zone GDP (Q2) The second release relating to Q2 euro-zone GDP gives a fairly encouraging picture, but does not alter our view that the recovery will soon falter. 2nd September 2010 · 1 min read
Europe Data Response Swiss GDP (Q2) Q2’s GDP release confirmed that the Swiss economy is still performing very well. However, the breakdown of growth cast doubts over whether the recent pace of expansion can be maintained over the... 2nd September 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) August’s small fall in euro-zone CPI inflation confirmed that price pressures in the region are very subdued. And although unemployment has continued to edge down, this is unlikely to prompt any... 31st August 2010 · 1 min read
Europe Data Response German CPI (1st Est. Aug.) August’s fall in German HICP inflation confirmed the absence of price pressures in the euro-zone’s largest economy. Indeed, we still see the headline rate there falling to near zero next year. 27th August 2010 · 1 min read
