The health risk reappears in the USA – A new lockdown is looming.
The acceleration in the number of Covid-19 patients in the USA is worrying. It diverges from the observation made in Europe and should cause a further upward adjustment of American…
Philippe Waechter's blog
The Brexit risk on markets
How to read the end of the risk associated with the Brexit of March 29th? Look at the 10-year Bund rate. It dropped into negative territory with the risk of…
The Euro zone slows sharply in March
The publication March’s Markit indices confirms the downward pressure on activity in the manufacturing sector. The leading indices published for the Euro zone, Germany and France, on March 22, have…
The shock in the manufacturing sector in Germany: IFO vs Markit
The modest rebound in the IFO index in March is sometimes interpreted as the counterpoint to the drop of the Markit index released last Friday.There is indeed an opposition in…
Industrial production shrinks in Euro zone
With the decline of -0.9% in December, the industrial production of the Euro zone fell by -5.3% over the last quarter (annualized rate). and -2.1% over one year. The slowdown…
Lower inflation rate and slower growth
The inflation for the Euro Area was at 1.4% in January after 1.6% in December.The main reason for this drop is the negative impact of the oil price. The energy…
The yellow vests and the French economic outlook
The French economy remains under pressure at the beginning of 2019. Business leaders do not want to commit to the long term because of the uncertainty that hangs over the…
Why is the euro area slowing? My Weekly column
This post is available in pdf format My weekly column – January 15th The euro area economy is slowing and could even see a contraction around the end of 2018…