Eurozone Publications
Below is a list of our Eurozone Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep
Please use the filters on the right to search for a specific date or topic.
Daily Monitor Claus Vistesen (Chief Eurozone Economist)
- German industry was in recession in early H2, and we suspect it will remain so at least to year-end.
- Spanish industry ended Q3 on a high but was still also in recession.
- Construction will continue to struggle; risks to our call for EZ GDP to rebound are to the downside.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- The PMIs warn that the slowdown in the EZ economy is becoming more broad-based...
- ...But they’re probably too pessimistic, and investor sentiment points to better headlines ahead.
- German factory orders edged higher in September, but the details show that overall weakness persists.
Claus Vistesen (Chief Eurozone Economist)Eurozone
In one line: Net exports in goods were virtually flat in Q3.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- The rise in bund yields since summer is driven by a higher term premium, from a depressed level.
- Medium-term forecasts for the ECB’s policy rate suggest that the term premium could rise further.
- We still see a near-term fall in bond yields as core inflation undershoots the ECB’s expectations.
Claus Vistesen (Chief Eurozone Economist)Eurozone
- EZ inflation plunged in October, but energy inflation will snap back in November and December.
- We still see a much quicker fall in core inflation than the ECB between now and March.
- GDP in the Eurozone fell slightly in Q3, and we look for another poor quarter in Q4, with zero growth.
Claus Vistesen (Chief Eurozone Economist)Eurozone