News and Analysis : Economic Decisions that Have Shaped the Past Week
25.06.2012 | Group
A brief update on the world's major economic issues
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All you need for easy-to-follow updates on the global economy, brought to you by the economic-experts team of BNP Paribas.
EcoTV WEEK - Yes, we could
Alexandra Estiot, OECD economist
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Overview: Presto, vite, fast, schnell !
European busy schedule. Spanish markets waiting for the summit. The euro strengthens following the ECB decision.
Overview: Yes we could
The European Summit of June 28 and 29 is crucial for the future of the eurozone. Debt mutualisation, banking union and fiscal integration will be on top of the agenda.
US: Let's twist again
The Fed decided to play it safely with the extension of Operation Twist. But it also made it clear that if the labour market does not strengthen, it will go on with QE3.
Eurozone: Losing confidence
Latest flash PMI survey data confirm that output will probably contract in Q2 2012.