Eurozone: Situation not as bad as it looks? – Rabobank
Source Fxstreet
A slew of (significantly) weaker-than-expected PMI surveys in the Eurozone in the past two months has injected fresh uncertainty about the strength of the economic recovery, Rabobank’s economists Elwin de Groot and Maartje Wijffelaars note.
Uncertainty creeping in again in the Eurozone
“The services sector seems to be ‘catching down’ to the struggling industrial sector. Is industrial weakness spilling over or is the services sector facing challenges of its own?”
“Our analysis does not point towards negative spillover effects from industry to services, but to underlying weakness in consumer demand. Although near-term risks to growth appear to be to the downside, we retain a (mildly) optimistic outlook on consumer demand.”
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Cryptocurrencies plunge again as Warsh emerges as a possible candidate for Fed Chair and the U.S. SEC delays the release of crypto innovation waiver measures.On Friday (January 30), the c
WTI slumps to near $64.00 on oversupply concerns and strong Dollar, Iran tensions limit lossesWest Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.00 during the early European trading hours on Friday. The WTI price falls after hitting its highest since late September as oversupply concerns weigh on the price.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.00 during the early European trading hours on Friday. The WTI price falls after hitting its highest since late September as oversupply concerns weigh on the price.
Poland, Kazakhstan, Brazil increase Gold holdings despite high pricesGold investment demand hit 2,175 tonnes in 2025, wiping the floor with the 863 tonnes bought by central banks. That’s not a small gap. That’s central banks getting outpaced by retail and institutional investors nearly 3 to 1. And it wasn’t because they didn’t want gold, it’s because prices kept spiking all year. Every time […]
Gold investment demand hit 2,175 tonnes in 2025, wiping the floor with the 863 tonnes bought by central banks. That’s not a small gap. That’s central banks getting outpaced by retail and institutional investors nearly 3 to 1. And it wasn’t because they didn’t want gold, it’s because prices kept spiking all year. Every time […]
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP deepen sell-off as bears take control of momentumBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continued their corrections on Friday, posting weekly losses of nearly 6%, 3%, and 5%, respectively. BTC is nearing the November lows at $80,000, while ETH slips below $2,800 amid increasing downside pressure.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continued their corrections on Friday, posting weekly losses of nearly 6%, 3%, and 5%, respectively. BTC is nearing the November lows at $80,000, while ETH slips below $2,800 amid increasing downside pressure.
The scaling of tokenized gold will cause Bitcoin to lose its status as digital gold, but this is not necessarily a bad thing.On Thursday (January 29), driven by a surge in gold ( XAUUSD)
