No ECB money, no funny
06 December 2015
Posted in
sentix Economic News
Economic expectations for the Eurozone continue to rise contrary to the global trend. Amid slightly lower growth in global economic momentum, the Eurozone stands out. Explanations should be found in the latest ECB statement. The December round of ECB stimulus felt short of expectations, however, the embracement of ECB’s “whatever it takes massage” has worked yet again. Without more ECB stimulus the Eurozone would most likely be in accordance to the global outlook.
Headlines of the month
- The December sentix Economic Index for the Eurozone continues to rise. The headline index gains +0.6 points to reach +15.7 overall.
- Overall, the Eurozone outperforms other world regions as the effects of ECB’s policy measures kick in.
- The remaining world regions depict signs of a slowdown. Japan slides back into recession. In contrast to Fed’s interpretations of the state of the economy, the sentix indicator for the US economy highlights a contrary view amid the preparations for the first rate rise.
sentix Eco Report Euro area
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