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.
Last modified on Monday, 07 August 2017
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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