Europe Data Response German Ifo (Sep.) September’s fall in German Ifo business sentiment still leaves it pointing to very strong GDP growth. While Germany looks set for lengthy coalition negotiations following yesterdays’ federal election... 25th September 2017 · 1 min read
Europe Economics Update German election: near-term gain, long-term pain? The German election looks set to yield a coalition of Angela Merkel’s CDU/CSU, the FDP and the Green Party. This will mean slightly lower taxes than under the alternative of another grand coalition... 25th September 2017 · 1 min read
Europe Economics Update German investment set for strong growth Despite little prospect of a pick-up in public investment in Germany following Sunday’s federal election, conditions are ripe for sharp rises in both general business investment and construction... 20th September 2017 · 1 min read
Europe Data Response German ZEW Survey (Sep.) September’s larger-than-expected rise in German investor sentiment may partly reflect reduced fears about the strength of the euro and suggests that the economy will continue to perform well. Indeed... 19th September 2017 · 1 min read
Europe Data Response German Trade, French & Spanish Industrial Production (Jul.) July’s data on German trade, as well as French and Spanish industrial production, provide some early hints that euro-zone GDP growth might slow a touch in Q3. But the continued strength of activity... 8th September 2017 · 1 min read
Europe Data Response German Industrial Production & French Trade (Jul.) July’s weak German industrial production and French trade data add to signs that euro-zone GDP growth will slow in Q3. But we expect the slowdown to be modest, so while the ECB is unlikely to announce... 7th September 2017 · 1 min read
Europe Data Response German & Spanish Flash CPI (Aug.) August’s increases in German and Spanish HICP inflation point to an increase in eurozone inflation to about 1.5%. But the relatively subdued rates of core inflation in both economies support the ECB’s... 30th August 2017 · 1 min read
Europe Data Response German Ifo (Aug.) & GDP Breakdown (Q2) Despite August’s small fall, German Ifo business sentiment remains buoyant and points to strong growth ahead. 25th August 2017 · 1 min read
Global Markets Update We forecast a rebound in the German DAX We think that the prospects for German large-cap equities during the remainder of 2017 are quite bright, despite their pull-back over the past two months. Admittedly, we are revising down our end-year... 22nd August 2017 · 1 min read
Europe Data Response German ZEW Survey (Aug.) August’s fall in German investor sentiment probably reflects the euro’s continued rise and recent falls in equity prices. But we do not think that it is a sign of an economic slowdown to come. 22nd August 2017 · 1 min read
Europe Economics Update German election is Merkel’s to lose as campaigning kicks off With Angela Merkel’s party far ahead in the polls and pledging to pay off debt and cut taxes rather than increase investment, it looks set to be more of the same in Germany after September’s election... 16th August 2017 · 1 min read
Europe Data Response German GDP (Q2) The German economy put in a strong performance in the first half of the year. While growth in Q2 was slightly slower than expected, meaning that euro-zone GDP growth might be revised down, surveys... 15th August 2017 · 1 min read
Europe Economics Weekly Ten years on, is the euro-zone out of the woods? Ten years ago this week marked the start of the global financial crisis and a challenging time for the euro-zone economy. In many respects, the euro-zone finally appears to be out of the woods. Growth... 11th August 2017 · 1 min read
Europe Data Response German & French Trade (Jun.) Although German and French exporters struggled in June, the outlook for trade in both countries remains fairly bright amid strong growth in global demand and, despite its recent appreciation, the... 8th August 2017 · 1 min read
Europe Data Response German Industrial Production (Jun.) Despite the decline in German industrial production in June, the sector performed well in Q2 as a whole. So we still think that the German economy gathered pace in the second quarter. And surveys... 7th August 2017 · 1 min read
Europe Data Response German & Spanish Flash CPI (Jul.) July’s unchanged reading for HICP inflation in Germany suggests that euro-zone inflation probably remained at 1.3% in July. German core inflation is set to creep higher over the rest of the year, but... 28th July 2017 · 1 min read
