Primary Vision
  • HOME
  • ABOUT US
    • ABOUT US
    • PRIMARY VISION AI INNOVATIONS
  • RESEARCH
    • INSIGHTS & ARTICLES
    • FREE ARTICLES
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!
    • FRAC SPREAD COUNT SIGN-UP!
    • ENTERPRISE SUBSCRIPTION PLAN SIGN UP!
  • HOME
  • ABOUT US
    • ABOUT US
    • PRIMARY VISION AI INNOVATIONS
  • RESEARCH
    • INSIGHTS & ARTICLES
    • FREE ARTICLES
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!
    • FRAC SPREAD COUNT SIGN-UP!
    • ENTERPRISE SUBSCRIPTION PLAN SIGN UP!
No Result
View All Result
Primary Vision
Home Market Trends

Market Sentiment Tracker: Eurozone continues to face slowdown – what comes next?

Osama Rizvi by Osama Rizvi
September 25, 2024
in Market Trends
0
Market Sentiment Tracker: Eurozone continues to face slowdown – what comes next?

China’s economic policymakers have implemented fresh interventions to bolster confidence. The People’s Bank of China cut the benchmark interest rate and reduced the reserve requirement ratio, increasing liquidity. Additionally, the central bank announced a 500 billion yuan ($70 billion) injection through loans for funds, brokers, and insurers to purchase stocks. Another 300 billion yuan was earmarked for share buybacks by listed companies.


Following these measures, the CSI 300 index climbed 4.33%, though the index remains down 2.3% year-to-date and has lost roughly a third of its value compared to three years ago. China’s ongoing property crisis continues to weigh heavily on household wealth, with Arclays estimating that since 2021, the property sector has wiped out $18 trillion in wealth—about $60,000 per family. This highlights the deep structural challenges China faces, as financial interventions seek to counter persistent vulnerabilities in real estate and financial markets.

The Eurozone economy experienced a sharp slowdown as the third quarter neared its end. S&P Global’s Composite Purchasing Managers’ Index fell to 48.9, signaling contraction in private-sector activity in September. Services activity, which had previously been buoyed by the Olympic Games in Paris, slowed notably, with the services index dropping to 50.5 from 52.9, its weakest rate of growth in seven months. On a positive note, the Eurozone job market remains robust, with the unemployment rate at a record low. Business pricing pressures have also eased, with price rises occurring at their slowest pace since the onset of the Russia-Ukraine conflict in early 2022, signaling some relief in the cost-of-living crisis. However, these trends collectively highlight the mounting pressures on the Eurozone’s economic outlook as it faces continued challenges in demand and services growth heading into the final quarter of 2024.

In the US, the Chicago Fed National Activity Index (CFNAI) showed improvement in August, rising to 0.12 from -0.42 in July. However, the three-month moving average decreased, signaling continued economic headwinds despite short-term recovery. S&P Global’s US composite PMI fell slightly to 54.4 in September, indicating slowing momentum in both manufacturing and services sectors. Meanwhile, Japan’s central bank is taking a cautious stance, with Governor Ueda signaling a wait-and-see approach on interest rates until economic uncertainties become clearer. Japan’s inflation is gradually moving towards the Bank of Japan’s 2% target, but further action remains uncertain. In Australia, the Reserve Bank held its official cash rate steady at 4.35%. In Germany, recession risks remain high as the Ifo Institute’s business-climate index dropped to 85.4 in September from 86.6 a month earlier, pointing to a cooling business environment in Europe’s largest economy.

Previous Post

Monday Macro View: Permian Inventory, Russian Fuel and Lower 48

Next Post

ProFrac Holding’s Perspective in Q2: KEY Takeaways

Related Posts

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)
Market Trends

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

June 18, 2025
Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!
Market Trends

Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

June 16, 2025
Nabors Industries’ Perspective in Q1: KEY Takeaways
Market Trends

Nabors Industries’ Perspective in Q1: KEY Takeaways

June 16, 2025
ProPetro’s Perspective in Q1: KEY Takeaways
Market Trends

ProPetro’s Perspective in Q1: KEY Takeaways

June 13, 2025
Market Sentiment Tracker: What If This Is as Good as It Gets?
Market Trends

Market Sentiment Tracker: What If This Is as Good as It Gets?

June 11, 2025
Monday Macro View: As OPEC+ Raises Output, Is U.S. Shale Prepared to Follow—or Fade?
Market Trends

Monday Macro View: As OPEC+ Raises Output, Is U.S. Shale Prepared to Follow—or Fade?

June 9, 2025
Next Post
ProFrac Holding’s Perspective in Q2: KEY Takeaways

ProFrac Holding's Perspective in Q2: KEY Takeaways

Please login to join discussion

Recent News

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

June 18, 2025
Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

June 16, 2025
Nabors Industries’ Perspective in Q1: KEY Takeaways

Nabors Industries’ Perspective in Q1: KEY Takeaways

June 16, 2025
ProPetro’s Perspective in Q1: KEY Takeaways

ProPetro’s Perspective in Q1: KEY Takeaways

June 13, 2025
Market Sentiment Tracker: What If This Is as Good as It Gets?

Market Sentiment Tracker: What If This Is as Good as It Gets?

June 11, 2025
Primary Vision

Established in 2011, we are renowned for our expert frac data and analytics, providing a rich array of unique indicators and industry commentary.

CONTACT

+1-713-554-4977
info@primaryvision.co

SOCIAL NETWORKS

POLICIES

Privacy Policy
Terms of Use

PARTNERS

Amazon Web Services

TRUSTED SITES

Logo

Logo

RECENT NEWS

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

Market Sentiment Tracker: What the Latest Data Says: U.S. Steadies, Europe Slows, China Rebounds (Sort of)

June 18, 2025
Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

Monday Macro View: Top 5 Reasons Crude Prices Are Ascending – and the recent Middle East tension is only one of them!

June 16, 2025
Nabors Industries’ Perspective in Q1: KEY Takeaways

Nabors Industries’ Perspective in Q1: KEY Takeaways

June 16, 2025
ProPetro’s Perspective in Q1: KEY Takeaways

ProPetro’s Perspective in Q1: KEY Takeaways

June 13, 2025
Market Sentiment Tracker: What If This Is as Good as It Gets?

Market Sentiment Tracker: What If This Is as Good as It Gets?

June 11, 2025
  • HOME
  • ABOUT US
  • RESEARCH
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!

© 2025 Primary Vision. All rights reserved.

  • HOME
  • ABOUT US
    • ABOUT US
    • PRIMARY VISION AI INNOVATIONS
  • RESEARCH
    • INSIGHTS & ARTICLES
    • FREE ARTICLES
  • EVENTS
  • PRESS
  • SUPPORT
  • FAQ
  • LATEST NEWS
  • LOGIN
  • SIGN UP!
    • FRAC SPREAD COUNT SIGN-UP!
    • ENTERPRISE SUBSCRIPTION PLAN SIGN UP!

© 2025 Primary Vision. All rights reserved.