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22 matches for " net investment":
Yesterday's detailed Q2 GDP report in Germany confirmed that economic output nosedived during lockdown, but also showed that the economy was resilient compared to the rest of the EZ.
The run of better-than-expected public borrowing figures ended abruptly with the publication of March data yesterday.
On the face of it, the trend in public borrowing deteriorated sharply late last year. In the three months to December, borrowing on the main "PSNB ex ." measure, which excludes banks owned by the public sector, was a trivial £0.3B, or 1.6%, lower than in the same months of 2017.
The public finances are in better health than appeared to be the case a few months ago.
The November IFO report suggests that the headline indices are on track for a tepid recovery in Q4 as a whole, but the central message is still one of downside risks to growth
We covered the detailed German Q1 GDP report in Friday's Monitor--see here--but the investment data could do with closer inspection. The headline numbers looked great.
Friday's detailed Q2 growth data in the EZ broadly confirmed the advance numbers.
China's unadjusted current account surplus widened to $16.0B in the preliminary report for Q3, from $5.3B in Q2.
Chancellor Sunak faces a tough first gig on Wednesday, when he delivers the long-awaited Budget.
2019 is a year many in the construction sector would prefer to forget.
Friday's sole economic report revealed that the Eurozone's current account surplus fell slightly at the start of Q3, despite robust trade numbers.
Italy's economy is still bumping along the bottom, after emerging from recession in the middle of last year.
We expect the Budget today to underwhelm investors who are eager to see a quick and powerful government response to the coronavirus outbreak.
It's still unclear how exactly Covid-19 will impact the euro area as a whole, but little doubt now remains that Italy's economy is in for a rough ride.
Yesterday's third and detailed EZ GDP data confirmed the economy hit the wall in Q1.
Yesterday's industrial production report in Germany was much better than implied by the poor new orders data--see here--released earlier this week.
Chancellor Sunak's "temporary, timely and targeted" fiscal response to the Covid-19 outbreak, and the BoE's accompanying stimulus measures, won't prevent GDP from falling over the next couple of months.
The Fed paved the way with a 50bp emergency rate cut on March 3, with more to come.
The uncertainty over the strength and speed of the economic rebound is still a concern for investors in terms of putting money to work.
We're sticking to our call that the Eurozone PMIs have bottomed, though we concede that the picture so far is more one of stabilisation than an outright rebound.
Yesterday's data provided further evidence of the damage wrought on the EZ at the end of Q1.
In one line: Merde; a slump in net investment and inventories ruined Q4.
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