Recession risks in the Euro Area, not yet in the US
Markit surveys for September show a slow momentum in the Euro area and in the US.The synthetic index for the Euro Area (weighted average of the manufacturing and non manufacturing…
Philippe Waechter's blog
What to expect next week: September 9 to 15, 2019.
Highlights The ECB meeting will be the most important event of the week. Bazooka measures are expected with lower deposit rate (associated with a tiering depending on the size of…
What to expect next week ? (July 8 – July 14, 2019)
Highlights External trade for Germany is the statistics I will focus on this week (July 8). Since the beginning of the year, real exports are slowing down as a consequence…
The 2 pages Macro
This short document (2 pages) is a synthesis of my macroeconomic views. One page of explanation and one page of graphs – The 2 pages Macro – 15 March 2019
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…
French growth and employment: A comparison with the Euro Area
The French government is currently scaling down its growth forecast for 2018. In the initial budget the expected growth rate was 1.7% but was upgraded at 2% in April before…
September round-up of the summer’s events
The whole document is available in pdf format September round-up of the summer_s events Let’s start with the global outlook – are signs on the world economy still as robust…