020 7898 0500The euro stemmed the losses it’s been making over the past week as the market digested the result of the French election. While it was a quiet day on the data front, the European Commission released its growth forecast. Eurozone economic growth should go a bit faster this year than previously believed and, while growth has decreased from previous forecasts, it remains ‘elevated’.
The economic release to note today is the first release of first quarter German gross domestic product. As the region’s largest nation it will be closely watched and we could see a positive number.
