The upbeat tone of February's business survey data contrasts with the skittish European bond market which remains fixated on the possibility of a victory for Marine Le Pen in the French presidential election.
While we continue to treat the strength of the business surveys with a pinch of salt, we do not think that the concerns in the Eurozone bond market are an inevitable sign of economic weakness and problems ahead. Nonetheless, the surveys' recent strength suggests that the risks to our near-term GDP growth forecast are probably now skewed to the upside.
Table Of Contents
Weekly Economic Briefings > Eurozone Weekly Economic Briefing > Eurozone The following represents a general Table of Contents outline for the Eurozone Weekly Economic Briefing. The actual report may cover any or all of the topics listed below.
Eurozone Weekly Economic Briefings
Lead Articleand#58; Two to five page briefing headed by a synopsis of events-driven analysis for the week, which highlights most recent data releases, and political and economic developments.
Historical, forecast, and analytical charts and graphs support the lead article. Country specific and/or Eurozone charts include the most relevant indicators and exemplify any changes in the outlook. The historical charts typically offer a 10 to 15 year time series and cover headline and other relevant indicators including GDP, employment, inflation, exchange rate changes, consumer and business confidence, developments in the capital markets, the composition of sovereign debt including amortization schedules and changes in yields, economic outlook by sector, etc. The forecast charts typically look out to four years ahead. In addition, analytical graphics clearly present empirical evidence supporting the text.
Latest Data in Detailand#58; One to two pages of summary analysis and associated graphics that offer a 10 to 15 year snapshot of the week's data releases. .
The Week Aheadand#58; A chart of scheduled data releases including the last release and consensus forecast.
Key Indicatorsand#58; Eurozone table showing monthly percentage changes for the past year for the followingand#58; Industrial production; unemployment; CPI; business and consumer confidence; and trade.
Financial Indicatorsand#58; Eurozone table showing monthly percentage changes for the past year for interest and exchange rates, money supply, share price indices and net foreign direct investment.