
Macro - Weekly Briefings - Eurozone
Description
Macro - Weekly Briefings - Eurozone
The most noteworthy news in this holiday-shortened week in the eurozone was perhaps the lack of any from European banks. Equity markets including bank stocks were stable after last week's rebound. Risk gauges eased, and systemic stress abated. And while financial conditions remain tighter than a month ago, the immediate impact on growth appears limited.
The most noteworthy news in this holiday-shortened week in the eurozone was perhaps the lack of any from European banks. Equity markets including bank stocks were stable after last week's rebound. Risk gauges eased, and systemic stress abated. And while financial conditions remain tighter than a month ago, the immediate impact on growth appears limited.
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