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15 May 2014
European docket in the limelight this morning – Danske Bank
FXStreet (Edinburgh) - Analyst Jens Pedersen at Danske Bank observes the relevance of today’s data releases in Euroland.
Key Quotes
“We forecast a growth rate of 0.4% in the euro area in Q1. If this proves right, it will be the fourth consecutive quarter of positive growth and the strongest quarterly growth rate in three years”.
“Our country-specific estimates are German GDP at 0.7%, France at 0.1% and Italy at 0.2%”.
“The ECB publishes its monthly bulletin and focus will be on inflation expectations in the Survey of Professional Forecasters”.
“Final euro HICP is also due for release and it should be unchanged at 0.7%.
Key Quotes
“We forecast a growth rate of 0.4% in the euro area in Q1. If this proves right, it will be the fourth consecutive quarter of positive growth and the strongest quarterly growth rate in three years”.
“Our country-specific estimates are German GDP at 0.7%, France at 0.1% and Italy at 0.2%”.
“The ECB publishes its monthly bulletin and focus will be on inflation expectations in the Survey of Professional Forecasters”.
“Final euro HICP is also due for release and it should be unchanged at 0.7%.