EUROZONE PPI MOM ACTUAL -2.8% (FORECAST -0.4%, PREVIOUS 1.1%) https://t.co/cDf8WtKfth — Financelot (@FinanceLancelot) March 3, 2023 JUST IN – Germany's largest fashion retailer, Düsseldorf-based Peek & Cloppenburg KG, is insolvent. — Disclose.tv (@disclosetv) March 3, 2023
by BoatSurfer600 Inflation Dishes Up Another Nasty Surprise: Eurozone Core CPI without Energy Spikes to Record. And I Bet It’s Still Underreported
Eurozone crisis 2.0 is coming pic.twitter.com/qVmLpjOEvq — Russian Market (@runews) March 1, 2023 NEW – The number of bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022, and reached the highest levels since the start of …
h/t DesmondMilesDant
by Quant2011 What this graph also shows is that ***maybe*** just maybe , energy prices from 2015 to early 2021 were simply too low. Eurozone never had such big trade surplus like in this period.
“The scale of the payout on deposits will drag many eurozone central banks into the red, Ducrozet warned, adding that some could face growing political pressure to be recapitalised” Source: https://t.co/iW48yFQoBc — Gold Telegraph ⚡ (@GoldTelegraph_) December 15, 2022
by Chris Black This ride is just getting started. This is not the 1980s, and these normal methods of raising interest rates are not going to do anything but make it all much worse. https://twitter.com/gchahal/status/1597558950689648640 Frankly, the plan to stop …
JUST IN – Eurozone and UK set to fall into recession this winter. — Disclose.tv (@disclosetv) November 11, 2022 via BBC: The UK economy shrank between July and September as the country heads into what is expected to be the …
via WOLF STREET: Inflation in the Eurozone jumped to 9.1% in August, a new record in the Eurozone data going back to 1997, according to preliminary data released today by Eurostat. It topped out at 25.2% in Estonia. Germany hit at …
Eurozone Consumer Confidence hits an All Time Low, data going back to Jan 1983. All time remains a long time. pic.twitter.com/T3Xpe08xEA — Hedgeye (@Hedgeye) July 21, 2022
https://twitter.com/MacroTechnicals/status/1534881245510893571 Italy 10y yield 3.7% pic.twitter.com/VDinnGN2Gi — Alessio (@AlessioTMAD) June 9, 2022 https://twitter.com/MacroTechnicals/status/1534886052418166784 https://twitter.com/TommyThornton/status/1534875380691226626 Italian 10-year yields rise to the highest vs German rates in more than two years: pic.twitter.com/UtX60mHK4G — Lisa Abramowicz (@lisaabramowicz1) June 9, 2022 Amazing Article written …
Eurozone inflation has moved up to 8.1%, its highest level ever. Meanwhile, the ECB is still holding interest rates at negative levels. This is perhaps the greatest disconnect between easy monetary policy and unabating rising prices that the world has …
by Shaun Richards Current economic developments are having all sorts of consequences and today we can start out journey with something our political establishment and in their eyes elite assured us would not happen only recently. COAL MARKET: Asian benchmark …
by Martin Armstrong According to Eurostat, the European Union statistics company, inflation in Europe rose to a new all-time high in March after advancing by 7.5%. This surpassed the high of 5.9% set in February and marks the fifth consecutive …
by confoundedinterest17 As someone who needs to move to Ohio, I would really appreciate it if mortgage rates would more closely follow the 10-year Treasury yield. But alas, Bankrate’s 30-year mortgage rate just rose to 4.30% as the US Treasury 10-year …
Inflation numbers in the Eurozone hit a record high of five per cent in a single month in December, topping the previous record set the month before as high energy prices are believed to be driving the trend. Data released …
https://twitter.com/macro_daily/status/1432858114919960583 Hey @neelkashkari… why is the Fed lending money to Blackrock at 0.05% to go out and buy houses (i.e., compete against poor people), vs. poor/middle-class Americans who are forced to take home loans out at 4-5%? Is this not …
The European Systemic Risk Board (ESRB) has delivered a damning assessment of the economic crisis in Europe as much of the continent continues to battle a third wave of coronavirus infections. The finance body, chaired by European Central Bank president Christine …
Authored by Daniel Lacalle, One of the most repeated messages among European financial analysts this week is this: “we are in a global slowdown”. However, the sentence hides important nuances and very relevant differences. The European Union suffers a severe slowdown. The rest of …
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. UBS has alerted that Spanish banks’ outsized exposure to Latin American markets could serve as a source …
https://www.youtube.com/watch?v=TP_5KxG2VsI
via @Schuldensuehner: #ECB officials lack enthusiasm for any revamp of their negative-interest rate tool and some doubt it will actually happen. https://www.bloomberg.com/news/articles/2019-04-16/ecb-officials-are-said-to-lack-enthusiasm-for-sub-zero-tiering …
via @dlacalle_IA: Now we start to see the late-cycle economies weakening faster (Spain).
Italy’s fiscal health is once again in serious decline. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. On Wednesday, Italy’s coalition government slashed its growth forecast for the Italian economy in 2019 to 0.2% – the weakest forecast in the Eurozone …
by Martin Armstrong Nigel will be speaking at this year’s World Economic Conference in Rome. Click here for details.
Investment case „forced mergers“?Not sure. As a trade, Eurozone banks do look interesting… pic.twitter.com/ajMCk0YqxY — David Schrottenbaum (@David_Schro) March 19, 2019 https://twitter.com/RVAnalysis/status/1107775765263704064
via CNBC: Brexit could be reversed if lawmakers reject the government’s exit deal, British foreign minister Jeremy Hunt said on Sunday after two major eurosceptic factions in parliament warned that Prime Minister Theresa May was facing a heavy defeat. Just …
While contagion is definitely contained, the Eurozone “is not sufficiently armed to face a new economic or financial crisis.” French banks are heavily exposed to Italy. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. “Don’t underestimate the impact of …
BANKS in France, Germany and Belgium are most at risk of contagion from Italy’s deepening debt crisis, new data has revealed. Domestic banks in the Mediterranean nation are already encumbered with some £1.3 trillion (€1.5 trillion) of public debt as …
https://www.youtube.com/watch?v=_oDA5D1xVms