Research Detail
| 2024/10/25 / Erste Group Research |
Weak Eurozone growth in Q3 Next week (October 31), a first estimate of October's Eurozone inflation will be released. Due to base effects, energy prices will probably continue to dampen inflation in October. We therefore expect inflation figures to be 2% y/y or even lower. In addition, a first estimate of Eurozone GDP growth in the third quarter will be released next week (October 30). Based on weak leading indicators, we expect continued weak GDP growth of 0.1 to 0.2% q/q for the third quarter. In our Major Markets Special Report on the US elections, we outline scenarios for the outcome and analyze possible implications for various asset classes. On November 5, the US will not only hold presidential elections, but also elections to the House of Representatives and to one-third of the Senate. |
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General information
| Author | Erste Group Research |
| Date | 2024/10/25 |
| Language |  |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | Eurozone, United States |
| Currency in focus | Euro, US Dollar |
| Sector in focus | - |
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