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👤Arthur Greene
🕔October 10, 2016
A growth was seen in the Eurozone Sentix investor confidence today as the index grew to 8.5 for the month of October from the previous month reading of 5.6. This is the third consecutive gain in the index, the reading was also higher than the consensus forecasts, despite it being below the value recorded for the month of May.…
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👤Lisa Harris
🕔October 3, 2016
The manufacturing sector of the 19 bloc Eurozone experienced a marginal increase in its pace of expansion in the month of September. Improvement was also witnessed in the rise of new orders, employment, new export businesses and output. The final Markit Eurozone manufacturing PMI has edged higher to 52.6 in September, its highest level since 3 months.…
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👤Arthur Greene
🕔September 25, 2016
The Eurozone’s most influential region experienced a slowing in its growth pace in the month of September, this has raised the fears surrounding the region’s stability on the trail of the UK referendum to leave the EU. A major economic indicator in the German economy dropped to a 16 month low in September, as a swift fall in service activity outweighed sustained growth in manufacturing.…
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👤Lisa Harris
🕔September 24, 2016
The Eurozone’s main growth engine lost momentum in September, raising fresh concerns about regional stability in the wake of the Brexit vote. A closely watched indicator of the German economy fell to a 16-month low in September, as a sharp deceleration in service activity offset sustained growth in manufacturing.…
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👤Nurudeen Amedu
🕔September 7, 2016
- Fresh worries from UK GDP estimates
- Recession in the UK still possible
- EU struggles with mixed sentiment
Fresh GDP estimates release from the UK’s National Institute for Economic and Social Research signals a 0.3% expansion in the 3 months ending in August this year, after the 0.4% upwardly revised expansion estimated for the 3 months to July which initially posted a 0.3% expansion before it was revised.…
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👤Arthur Greene
🕔September 5, 2016
Eurozone retail sales volumes grew by 1.1% in July, which was stronger than the expected increase of 0.5% for the month, while the June data was revised marginally to show a 0.1% decline from the originally reported no change. On an annual basis, there was a 2.9% increase from 1.7% the previous month with food sales rising 1.8% and non-food sales rising 3.2%.…
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👤Isaac Ndegwa
🕔August 17, 2016
The Swiss ZEW – CS indicator has yet again experienced a decline. The trusted economic sentiment indicator for the Switzerland economy dopped 8.7 points to give a -2.8 points final reading. The 17th August result is a close reflection of the downward trend that was also witnessed in the June results.…
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👤Lisa Harris
🕔August 10, 2016
- UK and EU hit by bond scarcity
On Tuesday the UK gilt yields and bond benchmarks in Ireland and Spain collapsed to an all-time low, in the wake of the Bank of England’s decision to restore quantitative easing. Equities and bond markets all over the world have been bolstered by the UK’s decision last week to slash interest rates to 0.25%, which is the lowest level since the start of the BoE, the UK also revealed the launch of £70 billion quantitative easing programme that will encompass both corporate and government bond purchases.…
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👤Isaac Ndegwa
🕔August 4, 2016
Euro zone bond yields have been headed lower this Thursday after a popular ECB policy maker suggested that the bond buying programme should be open to adjustment. The policy maker had previously taken a firm stance against adjusting the bond-buying programme but with the ongoing economic conditions, some flexibility is welcome if it will prevent a scarcity of the eligible debt.…
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EU Economy not doing much to strengthen banking sector
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👤Isaac Ndegwa
🕔August 2, 2016
From the latest round of stress tests, the banking sector still shows that the EU economy is not doing much to strengthen the banking sector, a major pillar that needs to be looked at if the faltering economy is to find the rail again.…
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