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20 Jun 2016

Eurozone to post GDP growth of 1.6% in 2016 – Danske Bank

Research Team at Danske Bank, we look for Eurozone GDP growth of 1.6% in 2016 increasing to 1.7% in 2017.

Key Quotes

“Compared to consensus expectations our projection is 0.1 percentage point above for both 2016 and 2017. That said, our forecasts are based on the UK remaining in the EU and in the case of a Brexit, there is a very high binary risk as we believe it will result in a negative business confidence, which could result in declining investments and a GDP forecast of 1.2% in 2016 and 0.7% in 2017.”

Jun 20, 2016

Eurozone: June PMIs eyed to forecast Q2 GDP – RBC CM

Sue Trinh, Senior Currency Strategist at RBC Capital Markets, suggests that the Euro area flash June PMIs will provide another piece of information to
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Jun 20, 2016

USD/CHF back below 0.9600 but holds short-term trading range

Following an initial selling pressure across perceived safe-haven currencies, the Swiss Franc seems to have gained traction with the USD/CHF pair now
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