Weekly keys: What is happening this week?
Bad GDP figures for the last quarter in Germany (0.0%), and particularly Japan (-1.6%), highlight the economic growth problems being experienced in certain developed countries.
What’s happening this week?
The highlight will come on Monday with the publication of the German ZEW economic sentiment index, along with the Manufacturing PMI both for Germany and for the rest of the Eurozone.
This index is particularly important since it is considered a leading indicator for an economy that, as we saw last week, is not going through the best of times lately. Additionally, we will have the publication of the minutes of the latest ECB meeting and the definitive European inflation figure.
A relatively quiet week, which begins with the markets closed for the Presidents’ Day holiday. Of note during the rest of the week, is the publication of the Philadelphia FED manufacturing index, as well as the minutes of the Federal Reserve’s most recent meeting and the PPI for the first month of the year.
With an almost centennial trajectory, the history of private banking in Switzerland is synonymous with excellence. It is characterized by its stability, reliability, security and knowledge.
The Central Bank of the United States (Fed) has again lowered the reference rates for the third consecutive time during 2019. Far are the forecasts of rate hikes at the end of 2018 when our forecast was, and continues to be, that the Federal Reserve won't be able to upload them for a long time (years) and there is still a long way down.