EUR = strengthening
CHF = weakening
GDP diff = short
Exports Analysis = Long
IR% Diff = long
Stock Index = Long
EUR OI Hedge Funds = Long
CHF OI Hedge Funds = Long
TA = Long
Majority = Long
The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include Germany growing in the 4th quarter followed by Spain but France taking a slight dip in growth but still beating expected losses.
Overall, the data is suggesting the businesses in the euro area have found a way to "cope with restrictions". The ECB also has further mentioned that they will support where needed but there's no need to cut interest rates further.
CHF = weakening
GDP diff = short
Exports Analysis = Long
IR% Diff = long
Stock Index = Long
EUR OI Hedge Funds = Long
CHF OI Hedge Funds = Long
TA = Long
Majority = Long
The euro area has had an interesting start to 2021. The latest GDP figures show the big four European economies beat expectations in terms of growth. The main areas include Germany growing in the 4th quarter followed by Spain but France taking a slight dip in growth but still beating expected losses.
Overall, the data is suggesting the businesses in the euro area have found a way to "cope with restrictions". The ECB also has further mentioned that they will support where needed but there's no need to cut interest rates further.