The Italian referendum is finally upon us. What was initially a rather technical question has turned into a litmus test for the capacity of Italians to reform and the rise of populism in the continent. To some, even a sign of a potential exit from the Eurozone. Although we do not share the latter, what seems certain is that a 'No' vote is likely to cause another political crisis in Italy. Unperturbed by all the political noise, economic activity in the Eurozone remains solid.
Looking ahead, the ECB will hold a much anticipated meeting next week. We expect the bank to announce a six-month extension of its quantitative easing programme as core inflation remains stubbornly low.
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.