France: Consensus Sees Upgrades Despite Poor Q3 Showing
Q3 GDP contracted after an upbeat Q2 showing. GDP fell by 0.1% (q-o-q) following a 0.5% rise, and moderated y-o-y from 0.5% in Q2 to a mere 0.2%. The recovery […]
Tag Archives: European Central Bank
Italy: Economic Slump Continues Through Q3
Italy’s record-long recession extended into a ninth straight quarter as the preliminary estimate of Q3 GDP (released after our survey deadline) reported a 0.1% (q-o-q) contraction, suggesting that the modest […]
Germany: Growth Cools, Though Recovery Hopes Remain Intact
The preliminary estimate of Q3 GDP (released after our survey deadline) showed growth easing to 0.3% (q-o-q) from 0.7% in Q2. Activity was hampered by another lacklustre showing by business […]
Euro: Immediate Risks Subside
While the US dollar has been weighed down by the political drama in Washington (page 3), the euro strengthened as Europe avoided similar stresses in governance. The Italian coalition avoided […]
Germany: Signs of Recovery Mount as Merkel Wins Third Term
Aided by near record-low unemployment and her tough stance defending Germany’s interests during the Euro area crisis, Chancellor Angela Merkel secured a resounding victory in last month’s elections. However, her […]
