robertharding/DigitalVision via Getty Images The iShares MSCI France ETF (NYSEARCA:EWQ) tracks the MSCI France Index and provides exposure to one of the largest economies in Europe. France benefits from its strategic location at the heart of Western Europe and strong global trade relationships. It has deep economic integration with other major European Union economies like…
rarrarorro Eurozone manufacturing output has contracted in all bar two of the past 22 months, according to the PMI® survey data compiled by S&P Global. The data follow official statistics showing production in January was some 7.0% lower than a year ago. With the exception of the pandemic lockdowns, this represented the steepest annual rate…
With November’s finalized Eurozone Consumer Price Index (CPI) settled at 2.4%, the Core CPI (excluding energy, food, alcohol, and tobacco) stood at 3.6%. In November 2023, prices across a diverse range of goods and services in the Eurozone area experienced a notable decline compared to October. According to new data published by Eurostat, the statistical…
RapidEye I have to confess that between my husband and me, we are not very “street smart” when it comes to raising teenagers. I’m embarrassed to admit that we didn’t realize our 17-year-old daughter was hosting a party in our basement until the next morning when our doorbell camera revealed a steady stream of late-night…
Despite the varied economic performance across the 20-country common currency bloc, the challenges stemming from high inflation persist. The Eurozone is grappling with a significant economic downturn, as recent data indicate a sharp drop in inflation and a contraction in the region’s economy. According to a preliminary report published Tuesday by Eurostat, the European Union…
MicroStockHub By Peter Vanden Houte, Chief Economist, Belgium, Luxembourg, Eurozone Softening orders The latest economic data continues to confirm our scenario of a weakening growth environment in the eurozone, though the slowdown is no longer intensifying, as most indicators have stabilised around subdued levels. The PMI composite indicator is in contraction territory and the €-coin…
JLGutierrez US It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge. August personal income is expected to rise given the strong labor market while spending cooled given the end of summer vacations. The bond market will pay…
While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy. For the month of July 2023, the Eurozone has delivered a robust set of GDP numbers beyond market expectations. The new growth numbers show economic activity picking…