Euro-Zone GDP May Be Weaker Than Previously Expected – Analysts

The euro zone economy is expected to have expanded at a modest rate in the fourth quarter, but economists warned of a weak and uneven recovery.

Gross domestic product (GDP) data for the final quarter of 2013 will be published Friday, with economists forecasting growth of around 0.2 percent, quarter-on-quarter.

“Growth of 0.2 percent is hardly a strong reading, but it is in line with our scenario of a modest and gradual recovery in the euro zone,” Apolline Menut, European economist at Barclays, told CNBC.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu