Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

14th Oct 2022 15:16Eurozone, Daily Monitor

  • The EZ energy trade deficit with the U.S. will soon hit 1% of GDP, pointing to a structural hit to EURUSD.
  • This knock is difficult to quantify, but we suspect 1.00-to-1.10 is the new normal for EURUSD.
  • We still think EURUSD will rebound in the next three- to-six months, hitting 1.05 by March.

PDF

deficit energy trade trade deficit u.s.

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 18 Oct 2022 Eurozone Monitor

deficit, energy, trade, trade deficit, u.s., Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence