Eurozone Economy & Eurozone Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Eurozone economy and Eurozone markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Eurozone Overview

 
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Eurozone Overview presents the current trends and dynamics of the major Eurozone financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Factors Research Details
DAX DAX 18407.2 0.94 -0.01 14.29 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2023-12-28 11:31:05 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Germany PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany ESI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Germany 2-year bond yield DE.2Y 2.9 -0.99 -0.02 -4.26 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -75.0 blank High 2024-07-16 11:09:58 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk -0.5 blank High 2024-08-06 11:34:32 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
FGBX 30Y German Bunds FGBX 129.56 -0.17 -0.01 -5.9 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Germany 10-Year Bond Yield DE.10Y 2.54 -0.94 0 4.49 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2024-01-05 01:43:10 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
EZ PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
EA ESI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany ESI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Manufacturing PMI de.manpmi 42.6 -2 -2 10 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-08-20 08:16:45 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend Down blank High 2024-08-20 08:16:45 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Services PMI de.servpmi 52 -2 -2 -1 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-08-20 08:16:45 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-08-20 08:16:45 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
ESI - Economic Composite de.esi.conf 92.1 0 0 -1 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-07-24 09:53:25 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-07-24 09:53:25 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
DAX DAX 18407.2 0.94 -0.01 14.29 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2023-12-28 11:31:05 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Germany PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany ESI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Germany ETF EWG 31.2 1.3 -0.02 11.87 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Germany PMI vs ETF Premium Factors are available to premium users only. Upgrade your account.
Germany ESI vs ETF Premium Factors are available to premium users only. Upgrade your account.
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Germany 2-year bond yield DE.2Y 2.9 -0.99 -0.02 -4.26 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -75.0 blank High 2024-07-16 11:09:58 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk -0.5 blank High 2024-08-06 11:34:32 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
FGBX 30Y German Bunds FGBX 129.56 -0.17 -0.01 -5.9 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Germany 10-Year Bond Yield DE.10Y 2.54 -0.94 0 4.49 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2024-01-05 01:43:10 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
EZ PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
EA ESI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany ESI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Research is available only to premium users. Upgrade your account.
Description
Germany Yield Curve DE.YC -0.32 -3.08 -0.17 -57.43 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-07-22 17:27:53 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2023-06-26 18:38:56 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Research is available only to premium users. Upgrade your account.
Description
Germany Credit Default Swaps CDS.Germany 9.12 0 10.46 0 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Z-scores Premium Factors are available to premium users only. Upgrade your account. MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
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Description
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Composite PMI de.comppmi 48.7 -3 -3 0 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-08-20 08:16:45 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-08-20 08:16:45 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
ESI - Economic Composite de.esi.conf 92.1 0 0 -1 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-07-24 09:53:25 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-07-24 09:53:25 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Manufacturing PMI de.manpmi 42.6 -2 -2 10 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-08-20 08:16:45 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend Down blank High 2024-08-20 08:16:45 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Services PMI de.servpmi 52 -2 -2 -1 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank High 2024-08-20 08:16:45 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank High 2024-08-20 08:16:45 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
GDP Growth (annual) de.gdpgrowthan -0.1 0 0 -105 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank High 2024-08-20 08:16:45 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend Down blank High 2024-08-20 08:16:45 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Inflation CPI de.inflationcpi 2.3 5 5 -62 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum Down blank Medium 2024-08-10 07:59:38 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend Down blank Medium 2024-08-10 07:59:38 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Unemployment rate de.unemploymentrate 6 0 0 5 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum UP blank Medium 2024-07-31 09:49:56 Momentum of a macroeconomic indicator is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M), quarter over quarter (Q/Q) returns.Learn More about MacroVar Momentum Macro Trends
Trend UP blank Medium 2024-07-31 09:49:56 A macroeconomic indicator is in an uptrend when last value is higher than its twelve month moving average and its twelve month moving average slope is positive (last twelve month moving average is higher than the previous month’s twelve month moving average). MacroVar calculates the number of months the current value has recorded highs or lows. Trend change is assumed when a specific indicator has recorded a 3-month high / low or more.MacroVar Momentum Macro Trends
Research is available only to premium users. Upgrade your account.
Description
Symbol Price 1D% MoM% YoY% M T B Factors Research Details
Germany 3 month T-bills EU.3MTBILLS 3.47 2.09 -0.03 -1.31 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Risk Signals Premium Factors are available to premium users only. Upgrade your account. MacroVar risk management models monitor the dynamics of thousands of risk-related indicators to gauge global financial risk conditions. MacroVar calcualates trend/momentum and 1-year, 5-year z-scores. The z-score (also known as the standard score) is a statistical measure that quantifies how many standard deviations an individual data point is from the mean of a distribution. MacroVar Risk Management models
Research is available only to premium users. Upgrade your account.
Description
DAX DAX 18407.2 0.94 -0.01 14.29 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 1.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 1.0 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2023-12-28 11:31:05 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
Germany PMI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany ESI vs Stocks Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
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Germany 2-year bond yield DE.2Y 2.9 -0.99 -0.02 -4.26 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -75.0 blank High 2024-07-16 11:09:58 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk -0.5 blank High 2024-08-06 11:34:32 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
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Description
FGBX 30Y German Bunds FGBX 129.56 -0.17 -0.01 -5.9 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum -0.5 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend 0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk High MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
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Description
Germany 10-Year Bond Yield DE.10Y 2.54 -0.94 0 4.49 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Momentum 0.0 blank High 2024-08-06 11:34:32 MacroVar momentum signal ranges from -100 to +100. Momentum trading is used to capture moves in short timeframes. Momentum must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Momentum Signals
Trend -0.75 blank High 2024-08-06 11:34:32 MacroVar Trend signal ranges from -100 to +100. The market trend signal is derived as the mean value from 8 calculations for each asset. A trend can last for day(s), weeks and even months. Trends must be monitored in conjuction with other MacroVar Macroeconomic and Financial factors. Learn More about MacroVar Trend Signals
Bubble Risk 0.0 blank High 2024-01-05 01:43:10 MacroVar bubble risk model monitors a financial asset price relative to its 252-day moving average to identify possible inflection points (Overbought or Oversold conditions). Extreme moves are often followed by price reversals when bubble risk model indicators have values greater than 2.5 or less than -2.5.Learn More about MacroVar Bubble Risk Model
EZ PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany PMI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
EA ESI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
Germany ESI vs 10Y Premium Factors are available to premium users only. Upgrade your account. MacroVar factor models use regression analysis to monitor a specific financial market (e.g. S&P 500) compared to macroeconomic (e.g. US ISM Manufacturing PMI) and financial factors (US North America Credit Default Swaps Index) closely correlated with the market in search for possible significant anomalies or divergencies which can confirm signals from MacroVar momentum and trend dynamics models.Learn More about MacroVar Multi-Factor models
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Description
Germany Credit Default Swaps CDS.Germany 9.12 0 10.46 0 blank blank blank
Factor Last Signal Importance Valuation (Over/Under) Last Signal Logic
Z-scores Premium Factors are available to premium users only. Upgrade your account. MacroVar CDS and Volatilites are analyzed by calculating the 1-year and 5-year z-scores. Extreme values of absolute z-scores (greater than 2) indicate elevated credit risk conditions and vice-versa.Learn More about MacroVar Risk Management model
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Eurozone Market News

  
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Time Headlines
2024-07-04 08:44 German Industrial Orders MoM Actual -1.6% (Forecast 0.5%, Previous -0.2%)
2024-07-02 05:40 Treasuries Are Hit as US election risks come into focus - US Market Wrap
2024-07-02 05:40 ECB's President Lagarde: It will take time to be certain that inflation is on track.
2024-07-02 05:40 ECB's President Lagarde: A strong labour market means we have time to gather information.
2024-07-02 05:40 ECB's President Lagarde: The strong labor market allows the ECB to gather enough data.
2024-07-02 05:40 ECB's President Lagarde: A soft landing for the euro zone economy is not guaranteed.
2024-07-02 05:40 ECB's Wunsch: I would need convincing to cut more than twice this year.
2024-07-02 05:40 ECB's Wunsch: We would need convincing to cut more than twice this year.
2024-07-02 05:40 ECB's Wunsch: Market pricing on the ECB rate path looks reasonable.
2024-07-02 05:40 ECB's Simkus: We shouldn't limit rate moves to projection meetings.
Monitor Real-Time Market News >>

Eurozone Economic Sectors

 
MacroVar analyzes in detail the dynamics of the Eurozone economy by economic sector and subsector based on data obtained from Eurostat. MacroVar presents for free current dynamics of Eurozone economic sectors.


Sectors Last Previous Trend Momentum Trend MoM% QoQ% YoY%
General Economic Conditions 95.9 96.1 blank blank blank -0 -0 0
Manufacturing sector -10.1 -9.9 blank blank blank 2 15 46
Services sector 6.5 6.8 blank blank blank -4 0 8
Retail sector -7.8 -6.8 blank blank blank 15 30 47
Consumer sector -14.0 -14.3 blank blank blank -2 -6 -13
Construction sector -7.0 -6.2 blank blank blank 13 23 218
Employment dynamics 99.7 101.3 blank blank blank -2 -3 -5
Eurozone's detailed economic sector analysis by subsectors and industries is only available to Premium users.

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Eurozone Economic Overview

  
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Eurozone economic overview presents a snapshot of US current economic conditions. You can find details for the Eurozone economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Citigroup Economic Surprise Index eu.cesi -55.7 -52.9 5 117 Down Down
Composite PMI ea.comppmi 51.2 50.2 2 10 UP UP
ESI - Economic Composite ea.esi.conf 95.9 96.1 -0 0 UP UP
Industrial New Orders ea.man.orders -21.4 -23.5 -9 130 Down Down
Industrial Prices ea.man.priceexp 6.4 5.6 14 3 UP UP
Manufacturing PMI ea.manpmi 45.6 45.8 -0 5 UP UP
Industrial Confidence ea.esi.man -10.1 -9.9 2 46 Down Down
Eurozone Services PMIi ea.servpmi 53.3 51.9 3 11 UP UP
Services Confidence ea.esi.serv 6.5 6.8 -4 8 UP UP
Consumer Confidence ea.esi.cons -14.0 -14.3 -2 -13 UP UP
Retail Confidence ea.esi.ret -7.8 -6.8 15 47 Down Down
construction pmi ea.constrpmi 41.8 42.9 -3 -4 Down Down
Construction Confidence ea.esi.constr -7.0 -6.2 13 218 Down Down

Eurozone Manufacturing

  
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MacroVar tracks hundreds of indicators related to Eurozone manufacturing sector.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI ea.manpmi 45.6 45.8 -0 5 UP UP
industrial production ea.indproduction -3.9 -3.3 18 457 UP Down

Eurozone Services

  
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MacroVar tracks hundreds of indicators related to Eurozone services sector.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Eurozone Services PMIi ea.servpmi 53.3 51.9 3 11 UP UP

Eurozone consumer sentiment

  
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Consumer spending makes a large part of the Eurozone Economy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence ea.consconfidence -13.4 -13s 3 -16 UP UP
Consumer Confidence ea.esi.cons -14.0 -14.3s -2 -13 UP UP
Employment Dynamics ea.eei.emp 99.7 101.3s -2 -5 Down Down
unemployment rate ea.unemploymentrate 6.5 6.4s 2 0 UP Down
retail sales ea.retailsalesan -0.3 0.5s -160 -87 UP UP
retail sales MoM ea.retailsales -0.2 0.1s -300 0 Down Down
car registrations ea.carregistrations 803011.0 716623s 12 10 UP UP

Eurozone Construction

  
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The Eurozone construction sector is a significant component of the Eurozone economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope

Eurozone Macroeconomic outlook

  
Eurozone Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Eurozone economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Eurozone macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp ea.gdp 15544.86 14224.3 9 14 UP UP
Real GDP ea.realgdp 2978872.7 2969900 0 103215 UP UP
gdp growth annual ea.gdpgrowthan 0.6 0.5 20 -85 Down Down
gdp growth ea.gdpgrowth 0.3 0.3 0 -86 Down Down
inflation cpi ea.inflationcpi 2.6 2.5 4 -50 Down Down
interest rate ea.interestrate 4.25 4.5 -6 0 Down Down
unemployment rate ea.unemploymentrate 6.5 6.4 2 0 UP Down
government debt ea.govdebt 12732445.0 12268200 4 48 UP UP
external debt ea.externaldebt 16537451.02 16048300 3 7 UP UP
government debt to gdp ea.govdebtgdp 88.6 90.8 -2 1 Down UP
current account ea.currentaccount 52.4 9.6 446 60 UP UP
current account to gdp ea.currentaccountgdp 1.7 -0.6 -383 70 Down UP
exports ea.exports 236651.6 240490 -2 -6 UP Down
imports ea.imports 214317.0 226485 -5 -8 Down Down
foreign exchange reserves ea.fxreserves 92391.0 91.82 100522 109227 UP UP
gold reserves ea.goldres 506.52 506.52 0 0 UP UP

Eurozone Inflation

  
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Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
inflation cpi ea.inflationcpi 2.6 2.5 4 -50 Down Down
core inflation rate ea.coreinflationrate 2.9 2.9 0 -47 Down Down
Produce Prices YoY ea.producerpricesch -3.2 -4.1 -22 19 UP Down
Explore detailed analysis of Eurozone inflation and its components as well as leading indicators used to predict short-term dynamics of Eurozone inflation.

Eurozone Employment

  
MacroVar monitors leading indicators (ESI employment activity) and lagging indicators of Eurozone employment. Eurozone employment is one of the major factors affecting ECB monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate ea.unemploymentrate 6.5 6.4 2 0 UP Down

Eurozone Monetary Policy

  
Eurozone Monetary policy is monitored by tracking the most important indicators related to the central bank's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate ea.interestrate 4.25 4.5 -6 0 Down Down
central bank balance sheet ea.cb.assets 6449231.0 6462220 -0 -2 Down Down
money supply m1 ea.msm1 10285092.0 10342600 -1 -3 Down Down
money supply m2 ea.msm2 15235607.0 15301300 -0 1 UP UP
government debt to gdp ea.govdebtgdp 88.6 90.8 -2 1 Down UP
loan growth ea.loangrowth 0.5 0.3 67 -62 UP Down
loans to private sector ea.loanprivate 0.7 0.3 133 -100 Down Down

Eurozone Fiscal Policy

  
Eurozone Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government budget ea.govbudget -3.6 -3.7 -3 -14 Down UP
government debt ea.govdebt 12732445.0 12268200 4 48 UP UP
government debt to gdp ea.govdebtgdp 88.6 90.8 -2 1 Down UP

Eurozone Trade

  
Eurozone trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account ea.currentaccount 52.4 9.6 446 60 UP UP
current account to gdp ea.currentaccountgdp 1.7 -0.6 -383 70 Down UP
balance of trade ea.balanceoftrade 22334.6 14005.7 59 230 UP UP
imports ea.imports 214317.0 226485 -5 -8 Down Down
exports ea.exports 236651.6 240490 -2 -6 UP Down
capital flows ea.capitalflows 26.0 13.62 91 -267 Down UP
external debt ea.externaldebt 16537451.02 16048300 3 7 UP UP
foreign exchange reserves ea.fxreserves 92391.0 91.82 100522 109227 UP UP
gold reserves ea.goldres 506.52 506.52 0 0 UP UP