We'll find out at 10.00 GMT when we get the flash Q4 GDP numbers from Europe
If expectations are to be believed, the rough €180bn spent in Q4 got the Eurozone -0.1 pp on y/y growth. 1.5% is expected vs 1.6% in Q3. Quarter on quarter, all that moollah should see growth of 0.3%, same as Q3.
Money well spent if you ask me ;-)
Still, growth is growth and Europe will take whatever it can get
We get naff all details accompanying the release. That all comes on the revisions.
Eurozone GDP y/y
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.