Europe prepares for an uncertain fall

Economic data and news this summer in Europe are disappointing; especially for the signs of vulnerability of the more open economies following the slight fall in production in Germany and the fading expectations that the main risks would diminish in the second half of the year.

Key points

• Key points:
• Trade tensions between the US and China continue to escalate.
• In Europe, Brexit negotiations remain blocked after the new government rejected the current deal and Europe maintains its firm position not to reopen it.

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