The next surprise at the start of the year

The riots surrounding the conflict between the US and Iran, which dominated the news at the end of the week, were either ignored by investors or are not considered to be crucial for the economy. This is the result of the sentix economic survey, which brought a further improvement in the economic assessment of the global econo-my at the beginning of the year. This is the third surprise in a row for the "first mover"! The data for all regions of the world are improving, especially in Asia ex Japan.

Full report January 2020

Headlines of the month

  • At the start of the year, the sentix economic indices surprise for the third time in a row. Situation and expectation values rise by around 6 points and lead to a rise in the value of the overall index (+7.6 points ) for the third time in a row.
  • We also measure an improvement of a similar magnitude for Germany, to its highest value since May 2019. With a situation index of +6, the spectre of recession seems to have been dispelled.
  • The recent events surrounding Iran have not unsettled investors. The global index is rising, as are the indices of other regions of the world. The data for the Asia region ex Japan are improving particularly strongly. Here the as-sessment of the situation is again at 20.3 points and expectations are also continuing to rise!
Euro area Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20
Overall Index 5.2 -17.1 -42.9 -41.8 -24.8 -18.2

More sentix Economic indices

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