14 Jul 2014
Markets prepared for a drop in Eurozone Industrial Production in May - TD Securities
FXStreet (Łódź) - Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities expects Eurozone Industrial Production to fall by 1.6% in May.
Key quotes
"This is a bit below market expectations for -1.2%."
"We don’t expect much market reaction as after downside surprises in Germany, France, and Italy, so it’s already widely understood that May was a bad month for European manufacturing activity."
Key quotes
"This is a bit below market expectations for -1.2%."
"We don’t expect much market reaction as after downside surprises in Germany, France, and Italy, so it’s already widely understood that May was a bad month for European manufacturing activity."