Germany may be experiencing a political crisis, but not an economic one. Germany’s GDP data came out, which for the quarter is 0.8%, and analysts have increased their expectations for Germany’s growth eight times - from 1.5% to 2.2 percent since the beginning of the year.
Strong data came out of PMI indices in Europe. Eurozone companies have not employed employees at this rate in 17 years.
Britain’s problems continue. GDP growth in the quarter is 0.4% and is below expectations. In March this year, analysts predicted an increase in the British economy of more than 2%, the latest data indicate an annual growth of 1.5%.
We can’t help but notice the difference in expectations for GDP growth on both sides of the Channel and current data.
The common thing between the information we receive from them is that the members of both banks are worried about communication and the way investors read their messages.
While the Fed is unanimous in its analysis of labour market data and productivity, they disagree on their actions against inflation. However, the expectations are next year to see three interest rates hikes in the US.
In Europe, bankers are worried about whether market participants understand correctly the bank’s messages and there is a slight disagreement about the pace of the buy-back programme and a possible increase in interest rates.
Given Jeff Bezos’ recent assets, we’re more likely to witness that he wants everything, whether he’s offline or online. Jack Ma is following in his footsteps.
Calm trade of BSE against the backdrop of politicians practicing on the topic of privatisation.
Black Friday is definitely blacker overseas than Bulgaria.
