Eurozone: GDP components to reveal economic insights – Danske Bank

Research Team at Danske Bank, suggests that after last week's disappointing US job report, the big theme in the market will be when the Federal Reserve will raise its interest rate.

Key Quotes

“The week will contain relatively few economic releases to guide markets further.

In the euro area, the GDP components for Q1 16 are due to be released today. Overall, GDP growth was solid at 0.5% q/q and we expect the components to reveal strong investment growth and still solid private consumption. We have already seen investment picking up speed in Germany while consumption remained solid and we expect similar numbers for the euro area. Tuesday will give us data on German industrial production. We expect positive numbers on industrial production for April led by the strong factory orders in March.

In the UK, Prime Minister David Cameron and UKIP leader Nigel Farage are due to answer questions from the audience on an ITV EU referendum programme today.”