Tag Archive: Ireland

Here Comes The Turkish Flood: EU Commission Backs Visa-Free Travel For 80 Million Turks

2016-05-04

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2016-05-04

Earlier this week we observed that in what may be Europe's latest mistake, the European Union is about to grant visa-gree travel to 80 million Turks: a key concession that Erdogan obtained as a result of the ongoing negotiations over Europe's refugee...

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Emerging Markets and Global Oil Demand



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European Industrial Production Still Contracting, Switzerland Expanding Again

2013-10-16

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2013-10-16

Industrial Production 2010-2013
Swiss industrial production is rather insensitive to price changes and to the recent slowing of global demand thanks to the concentration on pharmaceuticals and luxury products.   Based on Eurostat’s industrial production for July and August , we compared the values from 2010 to 2013 for these two summer months. This aggregated two-months comparison is …

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Global Purchasing Manager Indices

2013-04-11

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2013-04-11

Global PMIs December 3, 2012
Manufacturing Purchasing Manager Indices (PMIs) are considered to be the leading and most important economic indicators.   August 2013 Update Emerging markets: Years of strong increases in wages combined with tapering fears have taken its toll: Higher costs and lower investment capital available. EM Companies have issues in coping with developed economies. Some of them …

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Global Purchasing Manager Indices, Update January 25

2013-01-26

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2013-01-26

Global PMIs December 3, 2012
Manufacturing PMIs are considered to be the leading and most important economic indicators.  After a strong slowing in summer 2012 and the Fed’s QE3, this is the fourth month of improvements in global PMIs   January 25th Expansion-contraction ratio: There are 15 countries that show values above 50 and 14 with values under 50. Positive-negative-change ratio: …

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Swiss Public Discussion Switched from Floor to Housing Bubble

2013-01-10

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2013-01-10

UBS Swiss Real Estate Bubble Index
Why there is no real estate bubble in Switzerland yet and why the SNB will help to create one   With the current recovery in the United States the discussion in Switzerland switched from a discussion about the EUR/CHF floor to the Swiss real estate boom, the so-called “housing bubble”. It seems that the Swiss …

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Global Purchasing Manager Indices, Update December 17

2012-12-20

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2012-12-20

Global PMIs December 3, 2012
Manufacturing PMIs are considered to be the leading and most important economic indicators.  Since the Fed’s QE3, this is the third month of improvements in global PMIs after a strong slowing in summer 2012.   January 25th Expansion-contraction ratio: There are as many countries that show values above 50 as under 50. Positive-negative-change ratio: 18 countries …

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The Fairy Tale of Rising Competitiveness in the European Periphery

2012-12-17

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2012-12-17

Euro zone Labor Costs Q3 2012
In our post we look on two questions concerning competitiveness for the European periphery: When will local production be cheaper than imported products? Do people have the money to buy these local products? It does not help reducing labor costs if local production costs still more than imported products. The second aspect is: even if …

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Global Purchasing Manager Indices, Update December 10

2012-11-12

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2012-11-12

Global PMIs December 3, 2012
  Manufacturing PMIs are considered to be the most leading and important economic indicators. Jim O’Neill, Chairman of Goldman Sachs Asset Management, believes the PMI numbers are among the most reliable economic indicators in the world.  BlackRock’s Russ Koesterich thinks it’s one of the most underrated indicators. Global Purchasing Manager Indices for the manufacturing industry   December 3, 2012 …

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