The economy is going through the zenith
06 August 2017
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sentix Economic News
The sentix economic indices are regarded as the "first mover" of the economic early indicators. These indexes have often been the first to show the turning points of economic dynamics. Therefore, the current values of the August survey among more than 1,000 investors make you listen. Around the world, expectations are dropping, led by the US with the fifth consecutive decline! Trump works, but other than desired by him. The German model boy also loses a lot of speed. The scandal surrounding the car industry has the potential to become an economic mood killer.
Headlines of the month
- The sentix economic index for Euroland in August almost held its previous month level at 27.7 points. On the other hand, the current assessment figures climbed for the eighth time in a row, the second longest series since 2001!
- The expectations cannot keep up. It is becoming increasingly apparent that the economic momentum has passed its zenith. Expectations are crumbling on +16.
- The reason for the disappointing expectations around the globe are once again the US values. Here the expecta-tions fall for the fifth time (!) to -4.25. But Germany too is increasingly weakening. Expectations fall to +5.75 points for the third time in a row. The weakness of the auto sector is likely to show here.
sentix Eco Report Euro area
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