World Economic Climate: World Economic Climate considerably improved - Economic Expectations: Economic expectations for the next six months are highly optimistic - Inflation: Inflation will remain moderate - Interest Rates: Begin of tightening cycle expected - Currencies: Growing overvaluation...

World Economic Climate: World Economic Climate remains favourable - Economic Expectations: Current economic situation above satisfactory, optimistic economic expectations weaken only marginally - Inflation: Inflation will remain moderate - Interest Rates: Only moderate rise expected -...

World Economic Climate: World Economic Climate remains favourable - Economic Expectations: Current economic situation above satisfactory, economic expectations have weakened slightly - Inflation: Inflation expected to pick up somewhat - Interest Rates: More WES experts expect rising interest...

World Economic Climate: World Economic Climate is softening - Economic Expectations: Current economic situation and economic expactations have been downgraded somewhat - Inflation: No pick-up expected in 2005 - Interest Rates: Trend of rising interest rates is expected to slow down - Currencies:...

World Economic Climate: World Economic Climate remains in a cooling-down phase - Economic Expectations: Assessment of current economic situation and expactations both somewhat weakened but still positive - Inflation: Stable rate expected - Interest Rates: Trend of moderately rising rates...

World Economic Climate: World Economic Climate stabilizes - Economic Expectations: Assessments of current economic situation slightly downgraded, economic expectations somewhat more positive - Inflation: Stable rate expected in 2005 - Interest Rates: Trend of rising rates will level off -...

World Economic Climate: World Economic Climate brightens up Economic Expectations: Assessments of current economic situation improved, economic expectations somewhat less positive Inflation: Inflation expectations for 2005 revised upwards Interest Rates: Trend of rising rates not yet expected to...

World Economic Climate: World Economic Climate considerably improved - Economic Expectations: Both assessments of the current economic situation and expectations for the next six months more optimistic - Inflation: Price expectations for 2006 dampened somewhat - Interest Rates: Rising trend...

World Economic Climate: World Economic Climate remains favourable - Economic Expectations: Assessments of the current economic situation improved again, economic expectations remain optimistic - Inflation: Expectations continue to weaken somewhat - Interest Rates: Rising trend expected -...

World Economic Climate: World Economic Climate cools down somewhat - Economic Expectations: Assessments of the current economic situation improved again, but economic expectations downgraded - Inflation: Expectations edge up - Interest Rates: Stronger increase at the short than at the long end -...