Analysts at Danske Bank, explain that leading indicators suggest that growth in euro area is picking up.
Key Quotes
“In the euro area, leading indicators across the board suggest that growth is picking up.”
“The OECD leading indicator has improved for several months. This is underpinned by a substantial improvement in German business sentiment with both the Ifo and ZEW picking up markedly in the past three months.”
“In addition, an acceleration in real money supply growth also signals a recovery in growth in 2015.”
Key Quotes
“In the euro area, leading indicators across the board suggest that growth is picking up.”
“The OECD leading indicator has improved for several months. This is underpinned by a substantial improvement in German business sentiment with both the Ifo and ZEW picking up markedly in the past three months.”
“In addition, an acceleration in real money supply growth also signals a recovery in growth in 2015.”
