Eurozone's unemployment continues to be good news story of this part of cycle - ING
01.07.2019, 10:37

Eurozone's unemployment continues to be good news story of this part of cycle - ING

Bert Colijn, a senior Eurozone economist at ING, notes that approaching the lowest level since the inception of the eurozone, unemployment continues to be the good news story of this part of the cycle. 

  • "With a decline of more than 100 thousand in May, unemployment shows the labour market is not losing steam at all, despite the soft patch that the eurozone is currently in. This fuels household consumption growth, which is very welcome given the weakness in the rest of the economy.
  • Monetary developments seem to be in line with the current modest growth pace. Adjusted loan growth to household and businesses were both stable in May at 3.3 and 3.9% growth YoY respectively. This means that it is not contributing to an acceleration of GDP growth, but also not pointing towards weakening thanks to a slower uptake in borrowing. Still, given the record low-interest-rate environment, faster loan growth could have been expected. The uncertainty about the global economy dampens the demand for loans significantly.
  • The monetary aggregates are showing a similar picture, with M3 increasing slightly from 4.7 to 4.8% in May, while the more narrow estimate and better leading indicator M1 fell from 7.4 to 7.2%.
  • Altogether, the bright spot remains the labour market as global uncertainty continues to hurt businesses and results in delayed investment decisions. With continued returns to employment, consumers are set to keep the economy afloat for the moment."


© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik