- 规格:
- 15cm*20cm
- 规格:
- 20cm*30cm
- 规格:
- 30cm*40cm
A series of important data released by the Eurozone on Tuesday showed that the Eurozone economy has not been affected by Brexit. Better-than-expected Eurozone data will make the European Central Bank in no rush to relax policy, but economic activities are quite sluggish. . Data show that French economic activity has accelerated to the level before the Paris terrorist attacks last month. German economic growth has slowed, but overall conditions remain strong, suggesting continued expansion in Europe's largest economy. Economic activity in the euro area has been largely stable, but manufacturing may face a more difficult environment in March as new orders fall. Specific data shows that France
monthly manufacturing
initial value
, expected
, previous value
. Analysis pointed out that
France’s private sector economic growth gained a certain momentum in February. After experiencing stagnant growth in the second quarter, France
expectations for accelerating growth have increased. However, economic activity trends in new business areas remain moderate, and companies indicate that job losses have increased recently, suggesting that France's overall economic recovery is slower. Germany
Monthly manufacturing industry
Initial value
, expected
, previous value
. The analysis pointed out that data showed that the German economy continued to recover, but the growth of products, new orders and employment slowed slightly.
Germany’s business environment faced more challenges in March than in the previous month. The long-term momentum of solid growth in the German economy continues, and based on available data, it is expected that the growth rate in the third quarter will not repeat the decline seen at the beginning of the year.
Eurozone
Monthly manufacturing
Initial value
, expected
, previous value
. Analysts say policymakers will be encouraged because economic trends are in a positive direction. Faced with the threat posed by Brexit, the Eurozone looks relatively optimistic.
Data shows that the euro zone
will expand by .%
this quarter. Regarding the policy outlook of the European Central Bank. The European Central Bank remains under pressure to release more easing measures because so far it has made no progress in raising inflation close to its target. Economists are less confident about how much fuel the ECB has left. European Central Bank official Cole said on Tuesday that economic growth has picked up, but it is still not as good as the European Central Bank's expectations. Structural reforms are crucial to economic growth in the euro area, and more stimulus means more side effects. If structural and fiscal reforms do not achieve the desired results, the ECB may need to take more action. Commerzbank economists told clients that underlying growth remains sluggish and the European Central Bank is likely to ease monetary policy further before the end of the year. After all, we do not expect inflation to rise before the end of the year. Analysts at JPMorgan Chase expect the European Central Bank to stay on hold, having previously expected a rate cut of
basis points. It is still expected that the ECB will postpone the decision until after January 2020, but the decision is not expected to be announced in January 2020. A report from Societe Generale pointed out that the European Central Bank may need to relax bond purchase restrictions and extend the maturity period at its meeting on May 1st. With euro zone bond rates falling sharply, the European Central Bank may need to quickly change its bond-buying restrictions to convince market participants that it can continue the plan
The ECB is expected to relax the same Issuer purchase limit.