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The number of people unemployed in the eurozone dipped slightly in May, but not by enough to dent the unemployment rate.
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Manufacturing activity in China continued to slow, albeit at a slower pace, while the eurozone also dipped into contraction in August.
Markit's eurozone manufacturing PMI dipped to 52.3 in August, from 52.4, as decent growth in Germany, the Netherlands and Spain was balanced by fresh contractions in France and Greece.
Another is to ask why at the height of the last boom eurozone unemployment only dipped briefly below 8 per cent and was more than 9 per cent in 2004-05, a period of decent growth.
For the first time since March 2009 – when the government announced its quantitative easing programme – UK government bonds were regarded as safer than bunds, the stalwarts of the eurozone, when yields on 10-year gilts dipped below bonds issued by Germany.
Prices dipped by 0.2 per cent in December, putting the eurozone in deflation for the first time since the global financial crisis.
Wages dipped.
Profits dipped.
In other words, the Bank of Japan now charges banks to hold their money, making it the fourth economy after the Eurozone, Denmark, and Sweden to dip below the zero lower bound.
Back then, the European debt crisis meant that no right-thinking investor would dip a toe into the Eurozone.
Leading shares in the UK are dipping lower again but reasonable eurozone services surveys are providing some support, even helping European markets edge higher.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com