EU GDP

Tomorrow we have a series of important data points coming out of the euro area. The most important ones are Employment Change and the final reading of Q2 GDP. The data is likely to affirm expectations for the ECB to start easing during its… Read More

Following the drop in US stock indices at the end of last year, there was quite a bit of press talk about a potential recession. But that has gone by the wayside now that the Dow managed one of it's best starts of the year in history.… Read More

Recent weakness in Eurozone survey data suggests that Eurozone growth is likely to remain below the trend rate in Q4. A broad slew of Eurozone economic indicators, as well as indicators in individual member economies, have turned lower over… Read More

At the ECB’s September meeting tomorrow, the market is widely expecting the bank to keep current policy on hold in line with its earlier guidance that rates will remain at current levels “at least through summer of 2019”.  However, the bank… Read More

Summary: Eurozone flash GDP estimates show economic activity expanded 0.6% on the quarter in Q3 2017 Second quarter GDP was revised higher to 0.7% from 0.6% Inflation weakened in October as flash inflation data showed core CPI… Read More