Reports
File: June 2014 Eco Report (Engl.)
- Uploaded:
- 08.06.14
- Modified:
- 08.06.14
- File Size:
- 317 KB
- Downloads:
- 6286
- Version
- 1.0
Euro-zone expectations drop despite Draghi
For the euro zone the sentix Economic Index (composite index) drops markedly in June. This is its second decrease in a row. Investors judge the current situation much worse than in the previous month, and their 6-monthexpectations also decline. The clear setback of the euro-zone index surprises as, in June, investors assess the economic conditions for the remaining world regions as better than before. It is mainly the emerging markets for which their sentiment brightens. The euro-zone indicators' decrease all the more comes as a surprise as the European Central Bank has just announced a whole package of new measures to push economic growth and inflation. But investors so far do not see this aspect of the ECB's policy while they do expect strong effects on the bond market, as complementary sentix data show.