Macro - Weekly Briefings - Eurozone
Description
The upward revision to the Eurozone composite PMI suggests the risks around our cautious near-term growth forecast lie to the upside. The current PMI level would historically point to 0.6% q/q Eurozone growth in Q4. However, the weak carryover into the quarter, sluggish hard data, and decreased reliability of surveys explain our continued cautious approach.
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5 Pages
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