dimanche 19 avril 2015
3 Numbers: EU construction setback, US Chicago Fed, US 10-Year yield
Posted on 23:08 by nice news
Monday’s a slow day for scheduled economic releases, but macro risk will be front and centre as the market focuses on Greece as it struggles to satisfy its creditors ahead of Friday’s meeting of Eurozone finance ministers. Meantime, Eurostat releases new data today on Eurozone construction activity. We'll also see the monthly update of the US macro trend via the Chicago Fed National Activity Index. On an otherwise light day for economic updates, keep an eye on the 10-year Treasury yield for clues about what the crowd's expecting for the US economy.
Eurozone: Construction Output (10:00 GMT) Europe’s recovery is fragile but ongoing. Now-casting.com’s projections for GDP in Q1 and Q2 are sticking close to their recent gains. For example, first-quarter growth is expected to increase nearly 0.4% on a quarter-over-quarter basis. That’s only a mild rise, but it’s an encouraging improvement over the slightly negative outlook for Q1 as of last November.
Eurozone: Construction Output (10:00 GMT) Europe’s recovery is fragile but ongoing. Now-casting.com’s projections for GDP in Q1 and Q2 are sticking close to their recent gains. For example, first-quarter growth is expected to increase nearly 0.4% on a quarter-over-quarter basis. That’s only a mild rise, but it’s an encouraging improvement over the slightly negative outlook for Q1 as of last November.
3 Numbers: EU construction setback, US Chicago Fed, US 10-Year yield
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