EU Commission forecasts
Grim EU Economic Outlook in the Spotlight
November 4, 2014
The EU Autumn economic outlook was released, revising projected real growth for the euro area in 2014 down 0.4 percentage points to 0.8% and projected 2015 growth down 0.6 percentage points to 1.1%. Previously, GDP decelerated from 2.5% per annum in 1995-99 to a 1.9% pace in 2000-04 and 0.7% per annum in 2005-09, and […] More
Chinese Growth Concerns Weigh on Equities
May 5, 2014
There are holiday closures today in Britain for a spring bank holiday, Japan for Children’s Day (part of Golden Week) and Mexico for Cinco de Mayo. The main market mover has been a disappointing Chinese manufacturing purchasing managers survey, whose April reading of 48.1 was revised down from a preliminary indication of 48.3 to near […] More
