Report
Euro-NowNat shows small downward revision after July PMIs
Our now-casting model Euro- NowNat revised the expected growth path for the euro area for Q3 and Q4 slight ly downwards after today’s release of the Ju ly PMI figures and several other indicators that were released over the last two weeks. The model still expects GDP growth to rebound to 0.5% in Q2, followed by an easing to 0.46% in Q3 and 0.38% in Q4. Overall, Euro- NowNat suggests that the underlying momentum in euro area remains solid .
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Dirk Schumacher
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