Report
For the euro zone, it has become vital to stimulate domestic demand
It has become much more important for the euro zone to maintain a sufficiently vigorous domestic demand. This is because : China is no longer driving global trade, which weakens euro-zone exports; The United States is going to demand that the euro zone eliminate its external surplus, which will drive down the contribution of foreign trade to euro-zone growth; Commodity prices (metals, oil, natural gas) are going to remain depressed, which will weaken euro-zone exports to commodity-producing countries. The euro zone is therefore going to have to rely much more on domestic demand for its growth.
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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.
Patrick Artus
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