Pantheon Macroeconomics
Best viewed on a device with a bigger screen...
8th Jul 2022 15:14Eurozone, Daily Monitor, Weekly Monitor
EURUSD is closing in on parity and it won’t stop falling there; don’t buy the dip yet.
We think French GDP rose by 0.4-to-0.5% q/q in Q2, better than the INSEE estimate...
...But we are less optimistic than the statistical office on H2; we see growth of just 0.1% in Q3 and Q4.
business sentiment, capex, composite pmi, construction, consumer prices, defence, deficit, disposable income, downside risks, energy, equities, euro, exports, fiscal policy, france, french economy, germany, government, government spending, headline inflation, imports, insee, June, net exports, oil, pmi, policy, q3, russia, savings, services activity, surveys, trade, trade deficit, u.s., washington, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence