Europe Data Response Swiss GDP (Q2) Q2’s GDP release revealed that Switzerland has so far avoided a recession despite the strength of the franc. But it seems very unlikely that positive contributions from nettrade can be sustained and... 28th August 2015 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q2 15) Q2’s GDP release revealed that Switzerland has so far avoided a recession despite the strength of the franc. But it seems very unlikely that positive contributions from net trade can be sustained and... 28th August 2015 · 1 min read
Europe Data Response Spanish GDP (Q2 2nd est.) The strong expansion in Spain’s economy in Q2 was powered by domestic demand. But this partly reflected the effects of lower oil prices and looser fiscal policy ahead of the general election. As these... 27th August 2015 · 1 min read
Europe Data Response German Ifo Survey (Aug) & GDP Breakdown (Q2) August’s German Ifo survey suggested that GDP growth had continued to accelerate in Q3. But expectations for the future were weakening even before the latest rise in the euro, suggesting that growth... 25th August 2015 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Aug.) August’s rise in the euro-zone composite PMI came as a relief after last month’s fall and signs of a slowdown in other indicators. But it still points to modest growth that will do little to erode the... 21st August 2015 · 1 min read
Europe Data Response Norwegian GDP (Q2) Norway’s Q2 GDP data showed that lower energy prices continued to weigh on the oil and gas sector. But the mainland economy also slowed. We suspect that this will prompt the Norges Bank to loosen... 20th August 2015 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q2 15) Norway’s Q2 GDP data showed that lower energy prices continued to weigh on the oil and gas sector. But the mainland economy also slowed. We suspect that this will prompt the Norges Bank to loosen... 20th August 2015 · 1 min read
Europe Data Response Euro-zone Trade (Jun.) June’s euro-zone goods trade data suggested that net trade boosted GDP growth in Q2. But as the effects of the weaker euro fade, export growth might soon slow again. 17th August 2015 · 1 min read
Europe Data Response Euro-zone GDP (Q2 Prov.) Euro-zone GDP growth lost some pace in the second quarter, with a renewed divergence between healthy growth in Germany and stagnation in France. 14th August 2015 · 1 min read
Europe Data Response Greek GDP (Q2, Prov.) Q2’s Greek GDP figures brought some rare good news. But they relate to an entirely different economy than the one currently being strangled by capital controls. 13th August 2015 · 1 min read
Europe Data Response Swedish Consumer Prices (Jul.) The rebound in Sweden’s headline inflation rate in July might suggest that the Riksbank won’t loosen monetary policy further at its next meeting. But the bigger picture is that inflation is still... 13th August 2015 · 1 min read
Europe Data Response French CPI (Jul.) Although the renewed fall in French inflation in July largely reflected the decline inthe price of oil, the data nonetheless confirmed that price pressures remain very subdued in the euro-zone’s... 13th August 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Jul. 15) The rebound in Sweden’s headline inflation rate in July might suggest that the Riksbank won’t loosen monetary policy further at its next meeting. But the bigger picture is that inflation is still... 13th August 2015 · 1 min read
Europe Data Response Euro-zone Industrial Production (Jun.) June’s fall in industrial production rounded off a very weak quarter for the sector and strongly suggested that industry will have contributed to a slowdown in quarterly GDP growth in Q2. 12th August 2015 · 1 min read
Europe Data Response German ZEW (Aug.) August’s fall in ZEW investor sentiment suggests that, despite Greece moving closer to a deal with its creditors, investors are increasingly worried about Germany’s recovery. 11th August 2015 · 1 min read
Europe Data Response German, French & Spanish Industrial Production (Jun.) June’s industrial production from the euro-zone’s major economies suggested that next week’s figures on GDP growth in the currency union will reveal a slowdown from the already modest growth rates... 7th August 2015 · 1 min read
