Natixis - En Belgique, la croissance ne faiblit pas (encore)

Report

Natixis

Arno FONTAINE

En Belgique, la croissance ne faiblit pas (encore)

Contrairement aux attentes, la croissance belge est restÃ©e relativement rÃ©siliente en 2019, Ã 1,3% aprÃ¨s une hausse de 1,5% en 2018. La croissance de 2019 sâ€™ explique par une bonne tenue de la consommation privÃ©e (estimÃ© e Ã +1,3% sur lâ€™annÃ©e) et par des investissements robustes (+3,9%), compensant ainsi un solde extÃ©rieur dÃ©gradÃ©.

10/02/2020 3 FR

Provider

Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

See profile

Analysts

Arno FONTAINE

Other Reports from Natixis

Benito Berber

Benito Berber

Mexico – Trip Notes

We were in Mexico last week, where we met with central bank officials, independent economists, pension fund managers and corporate representatives. We perceived a sense of cautious optimism. Growth is weak, but slightly better than expected at the beginning of the year. Inflation is sticky, particularly core inflation, but the moderation might be enough for the continuation of rate cuts particularly if the Fed re-starts its easing cycle soon. Pemex remains problematic, but the recently announced strategic plan contains some positive elements. There is h ope that Mexico's manufacturing export...

1h / 13m 1h / 13m 1 EN

July CPI Review: Goods Prices Remain Behaved

Overall the July CPI report showed less tariff related goods pressures than expected, in a month where we believed increased price pass-throughs would be more evident. Where tariff related cost increases are being absorbed along the supply chain is yet to be determined (tomorrow’s PPI should help inform), but thus far while goods prices are rising faster than earlier in the year, the impact in July was less than expected. For details, headline CPI came out at +0.2% m/m (+0.197% unrounded, +0.2% consensus) and +2.7% y/y (vs. +2.8% consensus), with food prices moderating slightly and energy pos...

5h / 14m 5h / 14m 1 EN

Thibaut Cuilliere

Thibaut Cuilliere

How sensitive are French banks to Sovereign ratings and spreads ?

What if France’s political and fiscal instability pressure were to come back before year-end ? What consequences for French banks’ ratings and spreads?As the pressure has been mounting again on the French government (see France 2026 Budget: Impossible mission II from our economists) regarding the 2026 budget, the likelihood of a French sovereign rating downgrade has recently increased.Against this backdrop, we are exploring hereafter the relationships between i/ France’s ratings and French Banks’ ones, ii/ France sovereign spreads/CDS and French banks’ spreads/CDSGood news is that a one-notch ...

11h / 21m 11h / 21m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

En Belgique, la croissance ne faiblit pas (encore)

Mexico – Trip Notes

July CPI Review: Goods Prices Remain Behaved

How sensitive are French banks to Sovereign ratings and spreads ?

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe