#disinflation
#headline and core #inflation in the #eurozone is expected to fall in the coming months, chart @JPMorganAM

#eurozone economic outlook: tariffs could result in a 1.5% hit to GDP, chart @JPMorganAM

The Eurozone economy grows faster than expected in a rush to get ahead of Trump's tariffs.

Gross domestic product, the value of goods and services produced by an economy, grew 0.4% in the first quarter, Eurostat reports, well ahead of analysts’ forecasts of 0.2% growth.

Spain was by far the top performing major economy in the eurozone, with growth of 0.6%. Italy notched 0.3%, but Germany and France continued to lag.

https://mediafaro.org/article/20250430-the-eurozone-economy-grows-faster-than-expected-in-a-rush-to-get-ahead-of-trumps-tariffs?mf_channel=mastodon&action=forward

https://www.europesays.com/2038357/ Eurozone economy grows faster than expected in rush to get ahead of Trump tariffs – POLITICO #currency #Data #europe #Eurozone #exports #france #germany #growth #hungary #italy #spain #sweden #tariffs #UnitedStates

‘A new era’: IMF slashes its global growth forecast.

The International Monetary Fund slashed its global growth forecast on Tuesday, as it warned that Donald Trump’s tariffs had caused the world economy to enter “a new era” of economic protectionism and “enormous” policy uncertainty.

Projected output was cut for Germany, France, Italy, UK, and the overall euro area – but Spain's forecast was revised upwards.

https://mediafaro.org/article/20250422-a-new-era-imf-slashes-its-global-growth-forecast?mf_channel=mastodon&action=forward

#FX - The simultaneous surge in #euro and #German Govt bonds this month suggests a #capitalflight to #eurozone’s benchmark debt as a haven from trade war turmoil, chart @financialtimes.com
https://www.ft.com/content/88f47b5b-c12c-49f1-ad3b-61545510c80d?segmentId=b0d7e653-3467-12ab-c0f0-77e4424cdb4c

ECB cuts rates to 2.25% amid US tariff turmoil: Investors expect two or three more cuts before the end of the year, as price pressures ease and Trump's #tariffs intensify fears of a #eurozone #recession. https://www.euractiv.com/section/economy-jobs/news/ecb-cuts-rates-to-2-25-amid-us-tariff-turmoil/?utm_source=mastodon&utm_medium=dlvr.it

Due to the #Russia / #Ukraine conflict, #Eurozone #Aerospace and #Defense industry has seen impressive returns, even outperforming US growth stocks by 100% on a cumulative basis since fall 2022, chart @JPMorganAM

#FX: #euro is on track for its best week against the USD since the GFC, as investors bet that #Germany’s historic fiscal #stimulus will help power an economic recovery in the #eurozone – chart @FT https://www.ft.com/content/5342aea8-504b-4e54-a70e-54bdc2e63bbd?segmentId=b0d7e653-3467-12ab-c0f0-77e4424cdb4c

The Euro is on course for its best week since 2009.

The single currency has climbed more than 4.5% against the dollar this week, its biggest rise since 2009, on the prospects for a rebound in Europe just as Donald Trump’s aggressive trade policy raises concern over the health of the American economy.

https://mediafaro.org/article/20250307-the-euro-is-on-course-for-its-best-week-since-2009?mf_channel=mastodon&action=forward

European markets soar as Germany lifts ‘debt brake’ to raise defence spending https://www.theguardian.com/politics/2025/mar/05/european-markets-soar-as-germany-lifts-debt-brake-to-raise-defence-spending #EuropeanCentralBank #FriedrichMerz #EuropeanUnion #Stockmarkets #Currencies #Worldnews #Economics #Eurozone #Politics #Business #Germany #Europe #Bonds #Euro

Bulgaria claims it is fully ready to adopt the euro.

The EU's poorest country has met most of the Maastricht criteria for joining the eurozone, keeping public debt low and making huge efforts to keep the budget deficit below 3%. Reducing inflation was the last condition to be met.

The final assessment of Bulgaria's readiness lies with the European Central Bank and the European Commission.

https://mediafaro.org/article/20250226-bulgaria-claims-it-is-fully-ready-to-adopt-the-euro?mf_channel=mastodon&action=forward

#eurozone business investment and investment confidence, chart @JPMorganAM

Clashes erupt as Bulgarian nationalists march against the euro.

Several thousand people rallied outside Bulgaria's central bank and the European Commission building in Sofia to protest government plans to introduce the euro as official currency.

The country still needs to meet an extended inflation target before its eurozone bid can be examined.

https://mediafaro.org/article/20250222-clashes-erupt-as-bulgarian-nationalists-march-against-the-euro?mf_channel=mastodon&action=forward

The absurd Trump #Tariff war has begun. Unsurprisingly #Canada has responded in kind targeting products from #RedState America

I expect #Mexico will respond similarly as will the #Eurozone assuming #Trump follows up on his threats

#USPolitics #TradeWar

https://www.nytimes.com/live/2025/02/02/us/trump-tariffs/canada-published-a-long-list-of-us-goods-to-be-covered-by-its-own-tariffs?smid=url-share

European Central Bank delivers expected 25-basis-point interest rate cut https://www.cnbc.com/2025/01/30/european-central-bank-interest-rate-decision-january-2025.html #Eurozone

#Japanese investors have been selling #eurozone Govt bonds at the fastest pace in more than a decade, with analysts warning that the move by one of the bloc’s cornerstone #bondholders could lead to sharp market sell-offs, chart @FT
https://www.ft.com/content/7f6b6ed7-7c55-4a41-a068-67131922363c

This is how #ECB is contributing to weak #demand in the #eurozone (via monetary austerity):
#ECB policy rate (3.15%) > economic growth rate (0.9%Y per 3Q2024) --
It is no wonder that in this environment hardly any investments are made and demand remains depressed.