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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 489 views

Surveys for the month of March – Major elements of the week

  • 23 March 2020
  • International

Philippe Waechter

Week dominated by the publication of business surveys: Markit (advanced estimate), IFO, INSEE, Istat but also among households (Europe, France, Italy, USA). First measures of the epidemic shock in developed…

READ
  • Climat des Affaires in France
  • IFO in Germany
  • Istat
  • Markit Survey
  • 572 views

Economic surveys (Markit, ISM), Capital goods orders in Germany, US employment, Chinese external trade Coming this week (March 2 – March 8) The impact of the coronavirus, US Interest rates – Central banks’ credibility at risk (What to keep in mind from last week)

  • 2 March 2020
  • News & Chronicles

Philippe Waechter

Markit, ISM, US Employment Report, German Industrial Orders, Chinese External Trade but also US 10 year rate at its lowest and central banks’ credibility Highlights Markit Surveys in the manufacturing…

READ
  • China
  • Coronavirus
  • Euro Area Inflation Rate
  • Interest Rates
  • ISM
  • Markit Survey
  • Monetary Policy
  • US employment
  • 543 views

Markit surveys, ZEW and UK labor market and retail sales for the coming week – The low growth momentum in Europe, the negative supply shock in China and the disinflation in the US in 2020 (from last week)

  • 17 February 2020
  • News & Chronicles

Philippe Waechter

Markit surveys in the EA, UK, Japan and US for February, ZEW in Germany, Retail sales in the UK The PMI Markit survey for February (flash estimate for Japan, Euro…

READ
  • Disinflation in the US
  • Japan
  • Markit Survey
  • UK Labor Market
  • UK Retail Sales
  • ZEW
  • 2.9K views

A robust French Economy despite the strike

  • 17 December 2019
  • France

Philippe Waechter

The Markit survey for France does not suggest in December an inflection that can be linked to the social movement. The economy’s capacity to adapt is stronger than we imagine…

READ
  • Business Cycle
  • Labor Market
  • Markit Survey
  • 385 views

What to expect this week ? December 16 to 22, 2019

  • 16 December 2019
  • News & Chronicles

Philippe Waechter

Markit Surveys (Flash estimates for December), IFO survey, INSEE Climat des Affaires, the Italian Business Survey, the industrial production in China and in the US, Retail sales in China, Meeting…

READ
  • Bank of England
  • China
  • IFO
  • Industrial Production
  • INSEE
  • Markit Survey
  • US
  • 820 views

What to expect this week ? December 2 to 8, 2019

  • 2 December 2019
  • News & Chronicles

Philippe Waechter

Christine Lagarde at the European Parliament on December the 2nd. Markit and ISM surveys, German industrial orders, the Chinese external trade and US employment. The COP 25 in Spain. Highlights…

READ
  • China
  • COP25
  • Employment
  • External Trade
  • ISM
  • Markit Survey
  • US
  • 302 views

What to expect this week: October 21 to 27, 2019

  • 20 October 2019
  • International

Philippe Waechter

Highlights The ECB meeting (October 24) will be the most important event of the week.During last meeting, the ECB adopted a very accommodative monetary policy stance. This led to important discussions…

READ
  • ECB
  • IFO
  • INSEE
  • Mario Draghi
  • Markit Survey
  • 356 views

The global manufacturing sector is strongly constrained

  • 2 October 2019
  • International

Philippe Waechter

Reduction in new export orders is the most important economic phenomenon for the business cycle in recent months. It cannot be ruled out that measures to constrain international trade have…

READ
  • Business Cycle
  • ISM
  • Manufacturing Sector
  • Markit Survey
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