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Analyses of current macro and market developments

September 9, 2024

News

What lies behind recent trends in the Eurozone’s labour market? How does Luxembourg compare?

At 6.4%, the Eurozone unemployment rate currently sits at its all-time low, but the picture varies from country to country. Labour market trends will influence the pace of the ECB's rate cutting campaign to support the Eurozone economy. We take the pulse of the dynamics...

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August 14, 2024

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Taking stock on the recent market sell-off

Following the market meltdown that occurred at the beginning of August, we wanted to provide a recap of events for our clients and outline how we approached the situation.   What happened? The turmoil originated in Japanese markets. With the yen continuing its rebound against...

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July 16, 2024

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Tourism, a fragile pillar of Europe’s recovery

  Accounting for around 10% of the EU's GDP, tourism is one of the key pillars of the European economy, with a considerable impact on employment and development. With the summer holiday season in full swing, we take a look at the latest travel trends...

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July 1, 2024

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Can US households continue driving growth?

Consumers are the Atlas holding up the American economy. With the US representing around one-quarter of global output, and with personal consumption accounting for an estimated 70% of US GDP, the willingness and ability of US households to spend, matters. In the period following the...

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June 3, 2024

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European energy – everything under control?

Prior to the invasion of Ukraine in February 2022, the lion’s share of Europe’s energy imports came from Russia. It accounted for 28% of the continent’s total crude oil imports, while Russian pipelines delivered 44% of all imported gas. The outbreak of war and the...

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