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European Markets Archives | Page 5 of 29 | Elliott Wave Analytics

  • Is Russia In Full-Blown Economic Crisis?
    By on December 19, 2014 | No Comments  Comments
    The 8th largest economy on the entire planet is in a state of turmoil right now.  The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is.  Sales of oil and natural gas account for approximately two-t...
  • Eurozone Core Contracts: Germany, France and Italy
    By on December 7, 2014 | No Comments  Comments
    The manufacturing PMI for each of Europe’s top three countries is in decline. Recession will follow. Germany The Markit/BME Germany Manufacturing PMI – Final Data shows PMI at 17-month low, in contraction. Summary: The seasonally adjusted final Markit/BME Germany Manufacturing Purchasing...
  • Sanctions On Russia Bite Europe, While China Benefits
    By on December 7, 2014 | No Comments  Comments
    European sanctions on Russia have hurt the EU far more than Russia. Moreover, Europe has lost key machinery contracts to China, and those contracts will likely stay with China even after sanctions are lifted. Please consider Europe Feels Sting in the Tail of Russia Sanctions. At a technology fair in...
  • Italy: Unemployment Unexpectedly Hits Record High 13....
    By on December 7, 2014 | No Comments  Comments
    The string of unexpectedly bad news in the eurozone continues unabated as Italian Unemployment Rate Rises to Record, Above Forecasts. The unemployment rate rose to 13.2 percent from a revised 12.9 percent the previous month, the Rome-based national statistics office Istat said in a preliminary repo...
  • European Markets Now Catching Up To US Market
    By on December 1, 2014 | No Comments  Comments
    The September/October pullback in the U.S. market was only minor. But it wiped out all of the year’s gains. However, it found support, the market’s favorable annual seasonality kicked in, and the U.S. market gained back all the losses and went on to new highs. However, European markets respond...
  • The Clock is Ticking in Switzerland
    By on December 1, 2014 | No Comments  Comments
    For most of my career in international investing, I had always placed a great deal of faith in Switzerland’s financial markets. In recent years, however, as the Swiss government has sought to hitch its wagon to the flailing euro currency and kowtow increasingly to U.S.-based financial requirem...
  • Most of the World Panics — Is the US Next?
    By on November 29, 2014 | No Comments  Comments
    In late October Japan, despite a year of fairly aggressive quantitative easing, dropped back into recession and concluded that even easier money was the cure for its ills. It announced a debt monetization plan of almost science-fictional proportions in which the amount of new yen to be created, as a...
  • Notes on Russia
    By on November 27, 2014 | No Comments  Comments
    Russia and its redoubtable president, Vladimir Putin, have been much in the news lately. The latest flurry came when Putin was taken out behind the woodshed at the G20 conference in Australia last weekend over his recent moves to inject more Russian troops and arms into Ukraine. For today’s Outsid...
  • Another Euro Crisis Could Derail Stocks
    By on November 16, 2014 | No Comments  Comments
    The most important aspect about the markets that one should never lose sight of is the involvement of millions and millions of human beings whose collective decisions of buying and selling move the markets. Their decisions are often based upon emotions, with the two biggest emotions that dominate ou...
  • ECB Policy Misstep Poses Biggest Risk to Markets
    By on November 10, 2014 | No Comments  Comments
    One of the chief concerns right now is the Eurozone, which continues to be faced with the specter of deflation and another recession. Parts of Europe are already experiencing deflation like Spain, Portugal, and Greece with core Eurozone inflation resting close to nearly a two decade low. Source: Bl...
  • China, Europe and Optimal Currency Zones
    By on November 10, 2014 | No Comments  Comments
    I typically think of four main factors that determine whether or not an economy can function efficiently as a single currency or economic zone. They primarily determine the level of adjustments costs and how these costs are to be shared, so that regions more able to bear the costs absorb a larger...
  • EC Slashes Eurozone GDP Forecasts (Not Enough)
    By on November 7, 2014 | No Comments  Comments
    The European Commission slashed Eurozone GDP Estimates (yet again), yet they remain in positive territory. Revision Summary The EC revised Ireland, Malta, and Slovenia up. Greece and Netherlands were flat. The EC revised every other country lower from forecasts made in May of 2014. Notably, the E...
  • Global Markets No Longer Dragging On US Market?
    By on November 4, 2014 | No Comments  Comments
    One of the big concerns during the summer and fall months was that tumbling global markets were likely to drag the U.S. market down with them. That worry received considerable relief in the big back-to-back market gains of the last two weeks. The big weeks were across the board globally. Not many g...
  • European Service Prices Plunge At Steepest Rate Since...
    By on October 30, 2014 | No Comments  Comments
    The Markit Flash Eurozone PMI shows the steepest fall in output prices since the global crisis began. The PMI also shows renewed job losses in spite of an otherwise stable PMI. The Eurozone saw a marginal upturn in growth of business activity in October, according to the flash PMI results. The hea...
  • How Much Longer Can The Global Trading System Last?
    By on October 7, 2014 | No Comments  Comments
    My last blog entry inspired an old Brazilian friend of mine, with whom I hadn’t had any contact for years, to comment on this section of the interview: It seems to me that the US is becoming increasingly isolationist, largely because it is increasingly uncertain that the benefits to the US of a...
  • Ready Or Not: Unsustainable Status Quo Is Ending
    By on October 4, 2014 | No Comments  Comments
    I have to confess, it’s getting more and more difficult to find ways of writing about everything going on in the world. Not because there’s a shortage of things to write about — wars, propaganda, fraud, Ebola — but because most of the negative news and major world events we s...

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