Search Results for: euro area

Quarterly GDP Trajectory, Base Case – U.S., Euro Area and China This chart suggests the base case scenario for 2020/2021 GDP growth. Image: BofA Global Research

Euro Area PMIs Euro area PMIs look V-shaped, so far. Image: Goldman Sachs Global Investment Research

U.S. and Euro Area GDP Loss and Deficit to GDP The peak-to-trough decline in U.S. and EA GDP is expected to be more than twice as large as during the global financial crisis. Image: Deutsche Bank Research

Debt and Deficits in Euro Area and U.S. Debt and deficits in the euro area and in the United States are expected to increase significantly. Image: Deutsche Bank Research

EUR/USD and Euro Area M3 Chart showing the correlation between the euro-area broad money supply (M3) and EUR/USD (inverted). Image: Morgan Stanley Research

Euro Area Banks Relative Valuation The relative valuation of euro area banks is still below the levels of the financial crisis, due to falling interest rates and negative rates in Europe. Image: Bloomberg

Euro Area GDP Growth According to the forecasts of 34 economists, GDP growth in the euro area is expected to dip below 1% on average in 2020. Image: Financial Times

U.S. and Euro Area Composition of Corporate Credit Great chart showing that the U.S. is a market-based financial system, while the Euro Area is a bank-based system with 80% of bank loans. Image: Deutsche Bank Global Research

U.S. 10-Year Treasury Yield and Euro Area Cyclicals Relative to Defensives Chart suggesting that euro area cyclicals outperform defensives, when U.S. bond yields rise. Image: Credit Suisse Research

Real M1 Leads Euro Area Real GDP Growth An imminent recession in the euro area? This interesting chart suggests that real M1 leads euro area real GDP growth by 12 months. Image: Pictet Wealth Management