Euro-Zone Growth Picture Looks 'Pretty Rough,' Berenberg's Pickering Says

The video discusses the economic challenges facing the Eurozone, including weak exports and trade wars, which have slowed growth. It examines the European Central Bank's (ECB) policy outlook, suggesting that rate hikes may occur as growth and inflation expectations improve. The video also addresses global economic risks, dismissing fears of an imminent recession. Finally, it explores the potential impact of Brexit on the UK economy, predicting growth if a deal is reached.

What are some of the factors contributing to the slow growth in the Eurozone?

• Strong exports to Turkey

• Issues in the auto sector

• Decreasing oil prices

• High consumer spending

What is the ECB's current stance on rate hikes given the weak economic data?

• Immediate rate hikes are planned

• Rate hikes are unlikely until growth improves

• Rate cuts are being considered

• No changes in policy are expected

What is the expected timeline for the ECB to consider rate hikes?

• Early next year

• By the end of next year

• Not until 2021

• In the first quarter of 2020

What is the speaker's view on the likelihood of a global recession?

• A recession is expected next year

• A recession is unlikely before 2021

• A recession is imminent

• A recession is already happening

What is the expected impact of a Brexit deal on the UK economy?

• It will have no impact

• It will lead to a recession

• It will boost economic growth

• It will cause economic instability