{"id":3048,"date":"2016-07-28T10:16:29","date_gmt":"2016-07-28T09:16:29","guid":{"rendered":"https:\/\/lazardfreresgestion-tribune.com\/?p=3048"},"modified":"2023-02-08T14:42:38","modified_gmt":"2023-02-08T13:42:38","slug":"first-indications-of-the-brexit-impact-2","status":"publish","type":"post","link":"https:\/\/latribune.lazardfreresgestion.fr\/en\/first-indications-of-the-brexit-impact-2\/","title":{"rendered":"First indications of the Brexit impact"},"content":{"rendered":"<p style=\"text-align: justify;\"><b>CHART OF THE WEEK<\/b><\/p>\n<p style=\"text-align: justify;\">This month\u2019s preliminary estimates of PMI indices are an opportunity to begin measuring the impact of the UK\u2019s vote to leave the EU.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-3050 aligncenter\" src=\"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2016\/07\/Image1-graphe-n\u00b029.png\" alt=\"Image1 graphe n\u00b029\" width=\"1085\" height=\"704\" srcset=\"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2016\/07\/Image1-graphe-n\u00b029.png 1085w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2016\/07\/Image1-graphe-n\u00b029-300x195.png 300w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2016\/07\/Image1-graphe-n\u00b029-768x498.png 768w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2016\/07\/Image1-graphe-n\u00b029-1024x664.png 1024w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2016\/07\/Image1-graphe-n\u00b029-600x389.png 600w\" sizes=\"auto, (max-width: 1085px) 100vw, 1085px\" \/><\/p>\n<p style=\"text-align: justify;\"><b>OUR ANALYSIS<\/b><\/p>\n<p style=\"text-align: justify;\"><b>It seems that the impact is presently concentrated in the UK, with only very moderate spillover to the Eurozone. <\/b>The UK composite PMI fell from 52.4 to 47.7, in line with an economic slowdown in the region of 1.5-2.0% on an annualised basis. By contrast, the Eurozone composite PMI dipped just 0.2 basis points to 52.9, in line with growth of around 1.5%.<\/p>\n<p style=\"text-align: justify;\"><i>The opinion expressed above is dated July 22<\/i><i>nd<\/i><i>, 2016 and is liable to change.<\/i><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333; font-family: 'Arial',sans-serif; font-size: 8pt;\">This document is not pre-contractual or contractual in nature. It is provided for information purposes. The analyses and descriptions contained in this document shall not be interpreted as being advice or recommendations on the part of Lazard Fr\u00e8res Gestion SAS. This document does not constitute an offer or invitation to purchase or sell, nor an encouragement to invest. This document is the intellectual property of Lazard Fr\u00e8res Gestion SAS. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHART OF THE WEEK This month\u2019s preliminary estimates of PMI indices are an opportunity to begin measuring the impact of&hellip; <\/p>\n","protected":false},"author":101016,"featured_media":2574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[148],"tags":[],"class_list":["post-3048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chart-of-the-week"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First indications of the Brexit impact &#8211; Tribune Lazard Fr\u00e8res Gestion<\/title>\n<meta name=\"description\" content=\"First indications of the Brexit impact Chart of the week Tribune Lazard Fr\u00e8res Gestion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latribune.lazardfreresgestion.fr\/en\/first-indications-of-the-brexit-impact-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First indications of the Brexit impact &#8211; 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