Forecast error of the Euro OIS curve
EC manufacturing confidence
Forecast error of the Fed Fund futures
US manufacturing ISM
-2.0
-1.0
0.5
-0.5
40
2006
0
1
-1
-2
Forecast error of the Euro OIS curve
-30
-15
0
2020
2013
1999
15
EC manufacturing confdence
-45
2000
2010
0.0
1.0
-1.5
-2.5
Forecast error of the Fed Fund futures
50
2020
1990
70
US manufacturing ISM
60
30
CYCLE INDICATORS IN EUROPE
CYCLE INDICATORS IN THE US