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31 matches for " soverign debt":
Money supply growth in the Eurozone quickened last month, by 0.3 percentage points to 3.9% year- over-year, but the details were less upbeat.
Yesterday's sole economic report in the Eurozone confirmed that the economy slowed further at the end of 2018.
As we go to press, it appears that politicians in Italy have agreed on a 2019 budget deficit of 2.4% of GDP.
Eurozone bond traders of a bearish persuasion are finding it difficult to make their mark ahead of Italy's parliamentary elections next weekend.
The big difference between economic cycles in developed and emerging markets is that recessions in the former tend to be driven by the unwinding of imbalances only in the private sector, usually in the wake of a tightening of monetary policy.
The headline in yesterday's detailed Q1 German GDP data was old news, confirming that growth in the euro area's largest economy slowed at the start of the year.
At the start of the year, #euroboom was the moniker used in financial media to describe the EZ economy.
The news-flow in the Eurozone was almost unequivocally bad over the summer.
Yesterday's detailed Q3 GDP data in the Eurozone confirmed that the economy has gone from strength to strength this year.
Yesterday's manufacturing data in Germany provided alarming evidence of a much more severe slowdown in the second half of last year than economists had initially expected.
Demand in German manufacturing rebounded strongly midway through the second quarter.
If you were looking just at investor sentiment in the Eurozone, you would conclude that the economy is in recession.
We sympathise if readers are sceptical of our opening gambit in this Monitor.
This week's detailed Q3 GDP data will confirm that the euro area economy is going from strength to strength.
Eurozone consumers' spending jumped in Q2, but we are pretty certain that a slowdown in retail sales constrained growth in Q3.
The headline in yesterday's ECB Q2 bank lending survey seemed almost tailor-made for the central bank to deliver a dovish message to markets this week.
We are fairly sanguine that government bond markets in the Eurozone will take the end of QE in their stride.
We are still waiting for the promised rebound in EZ car sales.
The sovereign debt crisis in the euro area was a macroeconomic horror story
Financial markets and economic data don't always go hand-in-hand, but it is rare to find the divergence presently on display in Italy.
Data yesterday suggest that EZ investor sentiment is on track for a modest recovery in Q3.
Yesterday's data showed that industrial production in the Eurozone accelerated at the end of spring. Output, ex-construction, jumped 1.3% month-to-month in May, much better than the downwardly-revised 0.3% rise in April; the rise pushed the year-over-year rate up to a six-year high of 4.0%.
Data today will show that the EZ construction sector finished 2017 on a decent note.
The upturn in the Eurozone construction sector likely paused in Q3. Yesterday's August report showed that output fell 0.2% month-to-month, pushing the year-over-year rate down to +1.6%, from a revised +2.8% in July.
The Eurozone's current account surplus almost surely fell further in Q4.
Yesterday's advance consumer sentiment index in the Eurozone confirmed the upside risks for consumers' spending in Q4. The headline index rose to a 17- year high of +0.1 in November, from -1.0 in October.
The Eurozone's external surplus rebounded slightly at the start of Q3.
The Eurozone's external accounts were extremely volatile at the end of Q4.
We suspect that euro area investors have one question on their mind as we step into 2019.
The EZ's current account surplus is solid as ever, despite falling slightly in February to €35.1B, from an upwardly-revised €39.0B in January.
Yesterday's advance Q4 GDP data in the Eurozone confirmed that growth slowed significantly in the second half of 2018.
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