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German resilience muffles French gloom

Thursday, November 21, 2013 - 03:02

Nov. 21 - November German flash PMI data beats expectations, helping to offset weakness in France. But jobs growth remains elusive, says Markit's Rob Dobson.

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Germany still doing well not so much and -- that's the picture painted by the latest flash PMI raise its discusses rob Dobson senior economist. Market I've ever come over a couple of fronts in the second but Germany and a solid and -- picking up the -- It is it's also some weakness in France and -- numbers decision to Jimmy has continued scared that momentum into the -- courts at public pointing it's about no point 5%. GDP based -- continue since December. Which will be it -- toward Syracuse they sort of rule puts out numbers both consensus arm. JavaScript. It would also not -- writer Joan Allen. -- if widow education is still fifteen -- attention it. Protect pets best video sent Jimmy -- very low levels of unemployment -- and plentiful fit about the -- books. Jokes Chris most -- close to war without seeing that if people thumps. All right let's look at France and these these these are pretty abuse numbers I'm old. But let him consensus old contracting it com. Where's -- going wrong I mean we've talked about this awful but it's up what what what US. Well the -- and found switch serious took truthful modify decide not to an anemic domestic market. And all of this is tracking down the -- found us. And these folks are very weak position it -- -- outright contraction in GDP in key city these numbers this just mean you don't have asked a couple of months if my -- and -- -- -- -- us. Which -- puts us very much on the cusp of recession if it can trust him keep political what are what are you saying going Ford man fronts for growth. With same -- let's just say it if it's associated treatments witnessing public contracting people felt put it back to reception. Is this sort -- what -- an economic reform. Or a lot of it is -- Genesis and do it took about console long time for -- is need to strip truthful -- husband quite willing yet to see -- took truthful. On what basis does navy assigned some treatments -- ratings agencies. Another color commentators who have seen this is a pretty weak outlook -- could ECB -- fronts the ECB's team when it comes to help that -- won't. But again balancing the needs is a defeat which is still very weak put tried to recover it -- which is still sinkers well -- what do you it was an opportunist. And -- a midrange and country life -- -- house. Different issues and it's a big economy robust code bolts. Still similar weakness it's a difficult bounce and that is that anything positive -- -- Not a -- -- -- it was anticipated construction it's just and you sort of made because you're Phillip coming back on December it boasts. Again -- suspended two it. Here's hoping Iran stagnation took -- from awful long time now and published in science -- that all right many thanks to Matt my thanks rob Dobson senior economists and market. That's it from me it will get the Euro zone numbers of course out and just while I'm Max proposed is prices.

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German resilience muffles French gloom

Thursday, November 21, 2013 - 03:02