Is Italy tipping over the euro economy?
04 June 2018
Posted in
sentix Economic News
Now they are here, the American punitive tariffs. So far, this has done less harm than one might think to global economic expectations. It appears that investors still hope that the world's trade dispute with the US will not get out of control. Investors, on the other hand, are far less lenient with developments within the euro zone. The new government in Rome is very sceptical. This is so strong that economic expectations in the euro zone are downright tilting.
Headlines of the month
- The sentix economic expectations literally collapse in June. At -13.3 points, expectations are at their lowest level since August 2012! The overall index also falls significantly.
- The current economic engine in Europe, the German economy, is also under pressure. For the fifth time in a row, the overall index for Germany has fallen to its lowest level since July 2016.
- Internationally, the US economy is proving relatively robust, although the negative expectations of investors here also signal that the USA should not overstretch the curve. The Asia ex Japan region remains a source of hope for the global economy, where only positive expectations can be measured.
sentix Eco Report Euro area
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