No relaxation - Trump has overdrawn
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07 July 2019
Posted in
sentix Economic News
After the supposed de-escalation signals between the USA and China at the G20 summit in Japan, there was great hope that the downward trend in the economy could be stopped. This makes the vote of investors in response to this news all the more impressive. Despite the easing in the equity market, investors are no longer being lured out of the reserve and are once again lowering their thumbs for economic development. The longer no solution to the customs dispute is found, the more economic confidence suffers. For Germany, the overall index is even falling to a 10-year low.
Headlines of the month
- The sentix economic index for Euroland falls to its lowest level since November 2014. Despite the supposed calm on the stock markets and the resumption of customs talks between the USA and China, the current situation and expectations are falling.
- In Germany, the overall index even fell to its lowest level since November 2009. A recession in Germany seems inevitable.
- Investors are thus not following the positive signals of the stock market, and there is no belief in a quick settlement in the trade dispute. Twitter reports alone will no longer lure investors around the world out of their reserves.
sentix Eco Report Euro area
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