Upswing - but where to?
07 June 2020
Posted in
sentix Economic News
The signs are pointing to a global economic upturn. This is not too difficult after such a serious standstill of the real economy as we experienced in April. This is why the sentix economic indices also show a mixed picture. On the positive side, expectations are rising sharply. The economy is waking up from its deep sleep. But the road to normality is long. The situation values are still deep red and thus continue to indicate a recessionary environ-ment. The question now is how strong and how far the global economy can recover. We will shed light on this in the following analysis.
Headlines of the month
- An economic upswing has begun in the eurozone. Starting out from an unchanged weak situation (-61.5 points), expectations improve significantly to +21.8 points!
- Germany has also bottomed out. Expectations are rising strongly to +27.3 points, the highest value since March 2015.
- Internationally, we are getting the same picture almost everywhere. Starting from a weak situation, the expectations are rising significantly. But how long will the path out of the recession be. We have shed more light on this in a special question! More on this in the full text.
sentix Eco Report Euro area
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