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10 matches for " soverign debt crisis":
If you were looking just at investor sentiment in the Eurozone, you would conclude that the economy is in recession.
Demand in German manufacturing rebounded strongly midway through the second quarter.
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.
The news-flow in the Eurozone was almost unequivocally bad over the summer.
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.
We suspect that euro area investors have one question on their mind as we step into 2019.
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.
As we go to press, it appears that politicians in Italy have agreed on a 2019 budget deficit of 2.4% of GDP.
Data today will show that the EZ construction sector finished 2017 on a decent note.
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