Deutsche raises Eurozone 2024 GDP growth forecast to 0.9% from 0.4% previously
globalreutersJune 3, 20241 Mins read I’m sure the other pundits will also follow suit. But just take these forecasts with a pinch of salt. The way to look at them is to analyse the change in sentiment. The more positive outlook towards the euro area now is a key reason to afford the ECB more breathing room to hold rates higher for longer after this week’s rate cut.
This article was written by Justin Low at www.forexlive.com.
Related Articles
University of Michigan consumer sentiment final for November 71.8 versus 73.7 estimate
Preliminary 73.0Consumer sentiment 71.8 versus 73.7 estimate. Preliminary 73.0. Prior month 70.5Expectations...
Tech giants stumble: Communication services slump amid mixed market signals
Sector OverviewThe stock market is showcasing a mixed bag of performances today,...
S&P global manufacturing PMI 48.8 versus 48.8 estimate. Services 57.0 versus 55.2 estimate
Prior month manufacturing 48.5. Prior month services 55.0S&P global flash manufacturing index...
US indices are trading marginally higher to start the day
The major US stock indices are marginally higher to start the new...
Leave a comment