Flash Q4 reading update

SGM-FX
Wed 15 Feb 2017

Euro-zone GDP growth was revised down to 0.4% in the updated flash Q4 reading from the provisional 0.5% which will tend to dampen expectations that the Euro-zone economy is gaining momentum.

 

There was also a weaker than expected reading for the German ZEW investor sentiment index, although the overall market impact was limited.

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