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Showing 41 - 50 of 1254 results for "Eurozone"

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... imposed by the government to limit the spread of the coronavirus infection. Preliminary estimates show the IHS/Markit Eurozone composite PMI diving to an all-time low of 13.5 in April from 29.7 in March. The drop in manufacturing output to a record-low ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... confidence dropped by five points - the largest on record - to -11.6 in March from -6.6 in the previous month. The IHS/Markit Eurozone composite index dove to an all-time low of 29.7 in March from 51.4 in February, paced by the near halving of the services ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... promises would put its budget deficit to GDP ratio in breach of the Maastricht Treaty that limits the ratio of member Eurozone countries to 3% of GDP. Italy's already in breach of 60% debt to GDP ratio limit with its ratio clocked at 135% of GDP ...

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... include the latest cases reported in Switzerland and Croatia. This would certainly reverse the budding improvement in the Eurozone economy. Just before the virus broke out in Europe, IHS Markit reported that the Eurozone Composite PMI increased to 51.6 ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... infects more of the globe) and to 1.3% for the 2020's entirety. Wait, there's more. Oxford expects the US and the Eurozone to go into technical recessions in the first half of 2020. Finance ministers and central bank governors from G20 nations ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... "Tentative Stabilization, Sluggish Recovery?" contained in its January 2020 'World Economic Outlook" was all about the Eurozone. "Growth in the euro area is projected to pick up from 1.2 percent in 2019 to 1.3 percent in 2020 (a downward revision ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... downgrade from its June 2019 forecasts -- before re-accelerating to 1.5% in 2021. It downgraded its forecasts for the Eurozone to 1.1% in 2019 (0.2 pps lower than the June prediction) and sees growth in the single currency region slowing to 1.8% in 2020 ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... year (up from September's forecast of 1.1%), 1.1% in 2020 (from 1.2%), and 1.4% in both 2021 (from 1.4%) and 2022. Eurozone real GDP growth expanded by 1.2% in the year to the September 2019 quarter - the same growth rate as in the June quarter. ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... in-between - had been successful. I didn't dub him Super Mario for nothing (yes, I was the first to call him that!). Eurozone GDP growth started to improve from the recession borne of Grexit and fears of contagion in 2013 to a peak of 3.0% annual ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
Financial Standard had been calling for it, central banks have, and now it's the Organisation for Economic Cooperation and Development (OECD). In its latest bi-annual economic global economic report released this month, the OECD maintained its Australian ...