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Euro area GDP to increase to 0.3% q-o-q in Q4 - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    David Wagner, Research Analyst at Nomura, expects Euro area GDP flash reading to increase to 0.3% q-o-q in Q4, an unchanged pace from Q3 but slightly lower than the 0.4% in Q2.

    Key Quotes

    “This forecast of 0.3% q-o-q for Q4 GDP would be slightly weaker than the December Euro system staff projections and would further support our expectations of additional easing by the ECB in March.”
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