09 September 2024
Posted in sentix Economic News

The drama surrounding the German economy is heading for another climax in September. The situation values plummeted by a whopping 5.3 points to -48 points. The recession is raging ever stronger. Tragically, the expectation values are also falling, demonstrating the hopelessness of investors looking at the EU heavyweight. Although the overall eurozone index is not immune in this context, the decline is comparatively small at -1.5 points. Nevertheless, the eurozone is struggling with dangerous recessionary tendencies ‘thanks to Germany’. The situation in the rest of the world is also weakening, but investors here are somewhat more optimistic in their expectations.

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04 August 2024
Posted in sentix Economic News

Following the severe setback of the "first mover" in the previous month, there is now another, more pronounced economic slump in August. The global recovery comes to a halt. The sentix economic index for the eurozone fell by a whopping 6.6 points. The overall index now stands at -13.9 points, the lowest level since January 2024, with expectations falling even more sharply by 10.3 points. Germany in particular is in a nosedive. The overall index lost a whopping 12.0 points. The current assessment even deteriorated to -42.8 points, the worst value since June 2020! The expectations component plummeted to -18.5 points. The recession bells are ringing once again in Germany. Signs of fatigue are also evident in the USA: The overall index loses 9.0 points for the fourth time in a row. Expectations also indicate an accelerated slowdown. The rest of the world, including the Asian region, is lagging behind.

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07 July 2024
Posted in sentix Economic News

The recent recovery of the European economy has come to an abrupt end. After eight consecutive improvements, the sentix economic index for the eurozone fell by a whopping 7.6 points in July. Expectations slumped by 8.5 points to 1.5 points. The moderate economic momentum in Germany is also faltering again. The positive mood due to the European Football Championship 2024 is not spilling over into the economy. The already gloomy assessment of the situation deteriorated to -32.3 points, while expectations fell to -4.8 points below the April value. The French elections are contributing to the growing concern, as is the increasing slowdown in the US economy. The overall index for the US fell for the third time in a row to its lowest value since January 2024. Expectations are now also negative there at -2.5 points.

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10 June 2024
Posted in sentix Economic News

The sentix economic index for the eurozone continued its recovery trend in June: however, the recovery is only proceeding slowly in triple steps. With the eighth increase in a row, the overall index has only just reached the zero line. Nevertheless, at +0.3 points, it is no longer negative for the first time since February 2022. However, the situation values remain in negative territory despite the increase (-9.0 points), while the expectations component rose by 2.2 points to +10.0 points. This means that the Eurozone has significantly better economic momentum than the USA. Although the current situation there is still considered to be extremely good at +28.3 points, the 6-month expectations have fallen slightly and are only showing a small increase (+2.3 points). Nevertheless, the level of expansion is likely to be maintained overall. Internationally, the "Asia ex-Japan" region is still convincing. The expectations component there has risen for the eighth time in a row to 19.5 points.

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