An exclamation mark of the first mover
04 November 2019
Posted in
sentix Economic News
The global economy could go through an important low just these days. This is indicated by the latest data from the sentix economic indices. The overall index for Euroland rises by 12.3 points to -4.5, the expected values even jump by 14.5 points to their highest level since May 2019. Can the recession thus be averted? At any rate, hopes are pinned on new signs of recovery from China and the resilience of the US economy.
Headlines of the month
- At the beginning of November, the first mover among economic indicators sends an exclamation mark. The sentix overall index for Euroland jumps up by 12.3 points! The expected value reaches its highest level since May 2019.
- Even the German economy, so far strongly affected by the weakness of the manufacturing sector, is showing a strong recovery in situation and expectation values! The overall index rose by 12.9 points.
- On a global level, the cause of this improvement in sentiment seems to lie on the one hand in Asia ex Japan, where the data point to a beginning upswing. Investors also appreciate the resilience of the US economy.
sentix Eco Report Euro area
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