Technical Analysis

Eurozone Q3 GDP second estimate +0.2% vs +0.2% q/q prelim

  • GDP +2.1% vs +2.1% y/y prelim

The reading reaffirms a slight expansion in the euro area economy in Q3, with employment also seen up 0.2% on the quarter as well. It’s the least of the worries with a winter recession looming going into next year for most parts of Europe.

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