Markets

If the US is slowing down, Europe is headed for ‘an abrupt stop’

The ECB’s Mario Draghi signalled any rate rises might be delayed after saying he sees “persistent deterioration of external demand,” in the economy. “There is probably a little more ECB dovishness to be priced in yet,” says Neil Wilson at Markets.com The Euro Stoxx 50, France’s CAC and the Dax […]
If the US is slowing down, Europe is headed for ‘an abrupt stop’
Markets

It’s official: Italy’s economy has slipped into recession

Output in Italy, Europe’s fourth-largest economy, contracted by 0.2% in the fourth quarter, on the heels of a 0.1% drop in the quarter before that, the Italian National Institute of Statistics, known as Istat, said on Thursday. That means Italy is officially in a recession, defined as two successive quarters […]
It’s official: Italy’s economy has slipped into recession
News

This chart highlights a worrying trend for the Eurozone economy

Manufacturing output in the Eurozone grew at the weakest pace in nearly four years in October. New analysis from Nordea Markets suggests it could soon start to decline based on leading indicators that have been reliable in the past. “This doesn’t bode too well for the momentum in growth heading […]
This chart highlights a worrying trend for the Eurozone economy