Analysts at Nomura suggest that they continue to expect incoming survey data for the euro area to exhibit some weakness. Key Quotes “In his speech last week ECB President Draghi highlighted how the euro area economy is still strong and solid. At the same time, however, he noted that uncertainty surrounding the growth outlook has recently risen, mainly due to rising oil prices and fears of increasing protectionism.” “In line with the above comments, we continue to expect incoming survey data for the euro area to exhibit some weakness. We specifically expect Germany’s Ifo expectations component for June to drop to 96.8 (from 98.5 in May), while we expect a more moderate decline in the current situation component, to 105.1 from 106.0 in May.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Monero price analysis: XMR/USD recovers from 8-month low as Edge Wallet adds it to the list of supported coins FX Street 4 years Analysts at Nomura suggest that they continue to expect incoming survey data for the euro area to exhibit some weakness. Key Quotes "In his speech last week ECB President Draghi highlighted how the euro area economy is still strong and solid. At the same time, however, he noted that uncertainty surrounding the growth outlook has recently risen, mainly due to rising oil prices and fears of increasing protectionism." "In line with the above comments, we continue to expect incoming survey data for the euro area to exhibit some weakness. We specifically expect Germany's Ifo expectations component for June to drop… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
