Eurozone Key Issues
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Friday's sole economic report revealed that the Eurozone's current account surplus fell slightly at the start of Q3, despite robust trade numbers.... More by Vistesen Claus
Yesterday's detailed EZ inflation data for August kick ed-off a period in which the numbers will be scrutinised more closely than usual.... More by Vistesen Claus
The EZ trade surplus in goods all but evaporated during lockdown.... More by Vistesen Claus
Market-based sentiment indicators in the Eurozone are becoming increasingly detached from the reality of the threat of resurgent Covid-19 and the danger this poses to the strength of the economic recovery.... More by Vistesen Claus
The return of the virus in the Eurozone isn't what the economy needed, but we continue to think it differs from the first shock, for three key reasons.... More by Vistesen Claus
Friday's sole economic report provided further clarity on the impact on Germany's inflation data from the Value-Added-Tax cut in July.... More by Vistesen Claus
On a headline level, the ECB conformed to consensus expectations yesterday by leaving its policy stance unchanged.... More by Vistesen Claus
The balance of risks is finely poised ahead of today's ECB meeting.... More by Vistesen Claus
Before we cover yesterday's economic news, we regret to inform our readers that the Brexit negotiations remain bizarre as ever.... More by Vistesen Claus
Yesterday's German manufacturing data were a damp squib. Industrial production, including construction, rose by 1.2% month-to-month in July, lifting the year- over-year rate by 1.4pp, to -10.0%, undershooting the consensus and our own expectation of a rise of 5%.... More by Vistesen Claus
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