Europe
Europe’s long manufacturing downturn will last longer
Europe’s latest manufacturing PMIs indicate that the long downturn will persist
EUFDP vote provides small relief for German coalition
The fiscally conservative Free Democrats membership has voted narrowly for the party to stay in government
GermanyEquity markets are more vulnerable than bond markets
The Fed's shift to a slightly more dovish stance exacerbates the growing disconnect between markets and economies
InternationalUK deployment will bring new tensions in Venezuela
President Maduro has announced "defensive" military exercises in response to the deployment of a UK warship to Guyana
VenezuelaUK house prices will fall modestly in 2024
House prices fell by 1.8% in 2023, reflecting the impact of higher mortgage rates
United KingdomAustria still stalls Bulgaria-Romania Schengen deal
Vienna’s reiterated demands dash hopes in Sofia and Bucharest of partial admission into the Schengen zone
AustriaNorway’s divestment will have little Gulf impact
Norway announced it will not longer invest in several Gulf-based companies
NorwayNext EU parliament will likely be more right-wing
The right-wing populist groups are forecast to make the largest gains in next year’s European Parliament elections
EU
