UK headline CPI grew at a stable 2.2% y/y in August, though the core measure accelerated from 3.3% to 3.6%, in line with expectations. An 11.6% annual increase in airfare largely drove core CPI higher, while offsetting…
The ZEW survey of both German business expectations and current situation largely disappointed in September, decreasing by 15.6 points to 3.6 and by 7.2 points to -84.5, respectively. The ZEW survey of expectations for…
Volkswagen’s CEO has been making the point that the market for European carmakers has been deteriorating. Earlier last week, he went on to make a rather pointed reference at Chinese EV manufacturers. He was quoted…
The ECB will cut rates once more this year; however, markets underprice how far it will ease next year.
ECB Governing Council members unanimously voted in favor of lowering the deposit facility rate by 25 bps to 3.50% in September, marking the second cut this year. Moreover, expectations for weaker domestic demand led the ECB to…
Following a 12-year-long bear market, Greek equities have returned a whopping 186% in EUR terms from their 2016 lows. The Greek macroeconomic backdrop has indeed improved. Since 2021, Greece’s nominal GDP growth has…
The BoE embarked on its easing cycle in August, delivering its first 25 bps rate cut. The decision was nowhere near unanimous, with 5 MPCs out of 9 voting in favor of lowering policy rates. Indeed, while headline inflation is…
According to BCA Research’s Private Markets & Alternatives service, the Sports Franchise market presents a compelling opportunity for Private Equity due to its strong growth potential, evolving business models, and…
Eurozone GDP’s final estimate indicates that growth was slower than expected in Q2. Output grew 0.2% q/q in Q2, compared to 0.3% previously reported. A significant downward revision to capex (2.2% contraction against 1.8%…