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Yesterday's news that Pfizer's Covid-19 vaccine has a 90% effectiveness against the virus is unequivocally good news for the EZ economy, even if its positive impact...
9th Nov 2020 22:10Eurozone
Normally, we wouldn't pin our story on the fact that the PMIs are signalling a risk of outright contraction in the economy, but on this occasion we think the surveys are on...
5th Nov 2020 00:10Eurozone
Friday's data deluge delivered uplifting, if backward- looking, news in the EZ economy. Eurostat's advance report showed that GDP jumped by 12.7% quarter-on- quarter in...
2nd Nov 2020 00:10Eurozone
On a headline level, yesterday's IFO in Germany confirmed the main message from last week's PMIs.
27th Oct 2020 00:10Eurozone
The headline EZ data added to the evidence of a weakening recovery while we were away.
26th Oct 2020 00:10Eurozone
Friday's sole economic report added to the evidence that the rebound in EZ manufacturing petered out midway through Q3, even if we still think the German numbers--see...
11th Oct 2020 00:10Eurozone
On the surface, the EU's joint stimulus efforts are progressing nicely.
9th Oct 2020 00:10Eurozone
Yesterday's advance EZ PMI data for September conformed to our expectations.
24th Sep 2020 00:10Eurozone
A Financial Times report over the weekend--see here--added to the speculation that the ECB is not going to lift the amount of asset purchases pledged under its Pandemic...
22nd Sep 2020 00:10Eurozone
The return of the virus in the Eurozone isn't what the economy needed, but we continue to think it differs from the first shock, for three key reasons.
15th Sep 2020 00:10Eurozone
On a headline level, the ECB conformed to consensus expectations yesterday by leaving its policy stance unchanged.
11th Sep 2020 00:10Eurozone
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