Euro: Economic Stabilisation
Signs of stabilisation in the euro zone provided some respite for the euro, which has appreciated almost 5.0% since end-June (see daily chart, next page). Its climb, however, follows on […]
Tag Archives: Eurozone
Euro: Growth Still Missing
The euro headed south during the second half of June and into early July, slipping below €1.29/US$ as the US dollar strengthened on expectations of higher rates (page 3). While […]
UK: Outlook Brightens Just as Carney Takes Office
Further signs of recovery in the UK service and manufacturing sectors, alongside a recent upturn in housing market activity, have prompted our panel to upgrade its 2013 GDP forecast this […]
France: Manufacturing Still Shaky But Showing Improvement
The second release of the Q1 national accounts confirmed the economy’s fall into recession. GDP contracted by 0.2% (q-o-q), the same rate of decline as in Q4 2012, dragged down […]
France: Q1 Recession as Downbeat Sentiment Deepens
France entered its second recession in four years in Q1 2013. GDP fell by 0.2% (q-o-q), the same rate of decline as in Q4 2012, while the y-o-y rate contracted […]
