Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
The Eurozone Trade Shock No One Is Talking About
With Iran war rattling energy markets and Putin-Xi talks reviving a stalled Russian gas pipeline, the eurozone faces a new external trade shock that most forecasts missed. Lucas and Luna break down why the weaker euro isn't helping exporters, why German industry is squeezed between Chinese competition and Russian gas uncertainty, and what the ECB can — and can't — do about it. They dig into a specific number: the trade-weighted dollar index hitting 119.3, the highest since 2002, and what that means for eurozone GDP growth that's barely above 2 percent annualized. If you think…
The skinny
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