Q1 15 euro area GDP breakdown to show a consumption led recovery
Jun 08, 2015 04:53 am UTC| Commentary
The third estimate of euro area GDP should confirm the first and second estimate of 0.4% QoQ and 1.0% YoY. Looking at the breakdown, Societe Generale says, the euro area is going through a consumption led recovery. This is...
Daily Economic Outlook: 8th June, 2015
Jun 08, 2015 04:39 am UTC| Commentary
Amidst signs that the recent acceleration in Euro area activity is continuing into Q2, todays focus will be on German industrial production for April. After a disappointing Q1 which saw average monthly growth of -0.2%,...
US retail sales to post largest increase in five years
Jun 08, 2015 04:32 am UTC| Commentary
After a long string of disappointing retail figures, the US retail data is expected to turn. The Census Bureau is expected to report that retail sales increased by 1.9% m/m in May, says Societe Generale. This would mark...
French industrial production to weaken in April
Jun 08, 2015 01:38 am UTC| Commentary
The French National of Statistics (INSEE) is expected to report that industrial activity decreased slightly by 0.2% mom (+0.4% yoy) in April.Looking at the breakdown, energy output is likely to have dropped by 0.3% mom in...
German industrial output expected to remain weak in April
Jun 08, 2015 01:01 am UTC| Commentary
In April, industrial production is expected to have increased by 0.2% mom, following a weaker than expected decline of 0.5% mom in March. Manufacturing output remains subdued due to weak global demand and no major...
Euro area industrial output to weaken further in April
Jun 08, 2015 00:27 am UTC| Commentary
In April, euro area industrial activity is expected to have decreased by 0.2% mom, following the larger-than-expected drop of 0.3% mom posted in March.Exports orders have been disappointing as the positive impact of a weak...
US retail sales to post largest increase in five years
Jun 07, 2015 23:31 pm UTC| Commentary
After a long string of disappointing retail figures, the data is expected to turn. The Census Bureau is expected to report that retail sales increased by 1.9% m/m in May. This would mark the strongest sequential gain since...
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