Monthly Archives: January 2014

January 2014

Fundamentals Update: Euro Zone

2017-05-07T22:04:13+00:00

Euro Zone Update Fundamentals Update as at 30 January 2014 by Lorenzo Beriozza The relative calm in financial market conditions across the euro zone over the last year has resulted both from the policy actions taken by the ECB as well as from lower external financing needs across the periphery. In addition, shrinking private demand for [...]

Fundamentals Update: Euro Zone 2017-05-07T22:04:13+00:00

Fundamentals Update: Euro Area Deflation

2017-05-07T22:00:27+00:00

Euro Area Deflation Fundamentals Update as at 29 January 2014 by Lorenzo Beriozza Euro inflation is below the ECB’s 2% target and was 0.8% last December while core inflation reached a new historical low of 0.7%. This month, inflation is expected to be unchanged and inflation is only set to increase slightly in 2015. Core [...]

Fundamentals Update: Euro Area Deflation 2017-05-07T22:00:27+00:00

Fundamentals Update: Markets and Presidential Office

2017-05-07T14:38:57+00:00

Markets and Presidential Office Fundamentals Update as at 15 January 2014 by Lorenzo Beriozza The beginning of the year is often full of talk about what indicators to watch as to how the year may unfold: the first five days indicator, the January effect, the Super Bowl indicator, even the Chinese lunar New Year cycle, [...]

Fundamentals Update: Markets and Presidential Office 2017-05-07T14:38:57+00:00

Fundamentals Update: US Labour Market and Tapering

2017-05-07T09:15:55+00:00

US Labour Market and Tapering Fundamentals Update as at 13 January 2014 by Lorenzo Beriozza The December US Labour market report came in on a very worrying note, as job creations almost stalled. Only 74,000 positions were added in December, after an average of 205,000 over the previous three months. At the same time, the [...]

Fundamentals Update: US Labour Market and Tapering 2017-05-07T09:15:55+00:00

Fundamentals Update: ECB Monetary Policy

2017-05-06T13:28:23+00:00

ECB Monetary Policy Fundamentals Update as at 12 January 2014 by Lorenzo Beriozza The European Central Bank (ECB) announced that it would leave its monetary policy rate unchanged at 0.25% and would take no further action this month, despite the looming threat of deflation in Europe. Inflation levels in the Eurozone dropped to 0.8% year [...]

Fundamentals Update: ECB Monetary Policy 2017-05-06T13:28:23+00:00

Fundamentals Update: European Union Slow Recovery

2017-05-06T13:23:10+00:00

EU Slow Recovery Fundamentals Update as at 11 January 2014 by Lorenzo Beriozza The ESI in the Euro zone rose in December by a further 1.6 points to 100. This level corresponds to the long-term average. The rise was stronger than generally expected. Although sentiment indicators hardly allow conclusions to be drawn on the strength [...]

Fundamentals Update: European Union Slow Recovery 2017-05-06T13:23:10+00:00

Fundamentals Update: US Earnings Season Q1 2014

2017-05-06T08:39:36+00:00

US Earnings Season Fundamentals Update as at 10 January 2014 by Lorenzo Beriozza This week the earnings reporting season has started — the start of which is traditionally marked by the earnings report from Alcoa, no longer a component of the Dow Jones Industrial Average, but still a well-known company. Alcoa’s report on Thursday, January 9, [...]

Fundamentals Update: US Earnings Season Q1 2014 2017-05-06T08:39:36+00:00

Fundamentals Update: Euro Zone Deflation January 2014

2017-05-04T23:29:10+00:00

Euro Zone Deflation January 2014 Fundamentals Update as at 8 January 2014 by Lorenzo Beriozza According to preliminary calculations, the rate of inflation in the euro zone fell from 0.9% in November to 0.8% in December (table). The rate is thus approaching its low (0.7%) from October when the ECB lowered interest rates in a surprise [...]

Fundamentals Update: Euro Zone Deflation January 2014 2017-05-04T23:29:10+00:00

Fundamentals Update: EU Periphery Monitor January 2014

2017-05-04T23:23:40+00:00

EU Periphery Monitor January 2014 Fundamentals Update as at 7 January 2014 by Lorenzo Beriozza Euro area periphery data continue their improvement and in line with this sovereign spreads have tightened further. In particular the Spanish economy looks stronger and the 10-year spread between Spain and Germany is below 200bp for the first time since [...]

Fundamentals Update: EU Periphery Monitor January 2014 2017-05-04T23:23:40+00:00