Looking at the U.S., EU28 and China, goods’ export gains YTD reached EUR29bn in May 2019.

As expected, Boris Johnson won the Conservative Party leadership contest (92,153 votes or 66%) and became PM of the UK on July 24th.

At its July monetary policy meeting, the ECB opened the door to fresh stimulus measures to respond to the subdued Eurozone growth outlook and persistent below-target inflation.

The French industrial sector has reached a new low and the beat that its heart skipped has much to do with the car industry.

The US housing market continues to stumble. Existing home sales fell -1.7% m/m in June to a -2.2% y/y rate

The pause in rate hikes by the Federal Reserve (Fed) was not enough to boost prospects in Latin American countries in H1 amid trade tensions and weak domestic developments.

Credit standards (i.e. banks’ internal guidelines or loan approval criteria) for loans to European SMEs tightened in Q2 (5%) while they remained broadly unchanged for loans to large corporates (1%).

South Africa is increasingly entrenched between leeway for monetary easing and a snowball effect on growth and debt.