Institutional investors and analysts poled by the ZEW Center for European Economic Research are losing confidence in the German recovery. The ZEW indicator of economic sentiment, while still positive, indicating that the optimists [...]
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Louise Curley
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Global| Apr 20 2004German Investors and Analysts Losing Confidence in Germany's Recovery
- Global| Apr 19 2004
France's Current Account Balance Improves in February, but It Has a Long Way to Go to Reach Previous Highs
France's Current Account has been deteriorating since early 2002. In 2003 it was 53% below the level of 2002. Much of the decline can be attributed to the rise of the euro, which on average rose from .9452 to 1.1317, or about 20%. The [...]
- Global| Apr 13 2004
Is Deflation In Japan Starting To Subside?
It is too early to say that deflation in Japan is at an end; however, there are signs that some deflationary forces are beginning to weaken.Although the Corporate Goods Price Index was still below year ago levels, it rose 0.63% in [...]
- Global| Apr 12 2004
Japan Piles Up Reserves As Its Current Account Balance Improves
In February, Japan's current account surplus, on a seasonally adjusted basis, was virtually unchanged from the previous month, but was up by 535.6 million yen from February, 2003. On a year over year basis, there were increases in the [...]
- Global| Apr 06 2004
Germany Disappoints Again But Japan Provides Encouragement
The latest German figures on employment and unemployment were disappointing. The unemployment rate rose to 10.4% in March from 10.3% in February. The latest data on employment which are for January, show a continued decline. Some 38.2 [...]
- Global| Apr 05 2004
Expansion in the Service Industries in Euro-Zone Slows
Purchasing Managers in the service industry in the Euro Zone reported a slowing in activity in March. The index based on a survey of 2,000 purchasing managers at service companies operating in the Euro zone compiled for Reurters Group [...]
- Global| Mar 23 2004
Economic News from France, Italy and the Netherlands Suggests Lower Growth Prospects in the Euro Zone
The economic news announced today, relating to consumer spending and confidence in France, Italy and the Netherlands, adds fuel to the growing doubts about this year's growth prospects for the Euro Zone. Consumer spending has yet to [...]
- Global| Mar 22 2004
Hong Kong Property Markets Show Signs of Revival
The rental and property markets in Hong Kong are beginning to show signs of revival. Prices in these markets had reached peaks in October, 1997 and had declined steeply until the past few months. The index of rental prices, which had [...]
- Global| Mar 09 2004
German Industrial Production for January Adds to Doubts Over the Strength of the Recovery
German Industrial production in January declined 0.1% from December, 2003 as a result of mixed trends in the economy. Construction fell by 7.37%, while total production, excluding construction managed a slight gain of 0.40%. Within [...]
- Global| Mar 08 2004
Thai GDP Ends 2003 on a Strong Note
Thailand's gross domestic product grew 2.65% or at an annual rate of 11.05% in the fourth quarter of 2003, well above consensus estimates. Growth for the whole year was 6.72%, the highest rate in four years. Private consumption and [...]
- Global| Mar 02 2004
Retail Sales in Germany Rise in January, the First Rise in Three Months
Total retail sales in Germany rose 2.32% in January from December, the first rise in three months. Sales of staples such as food, beverages and tobacco that have generally been in a rising trend, rose 3.62%. In addition, there were [...]
- Global| Feb 24 2004
February Indicators of Confidence in Reporting Euro-zone Countries Present a Mixed Picture
Germany, Italy and the Netherlands have released February measures of business and/or consumer confidence. The picture is a mixed one. Business confidence in Germany and the Netherlands declined after having been on a rising trend [...]
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