Tuesday, February 15, 2011

Forex Market Await GDP Germany Europe News | 15 February 2011

Forex Market Await GDP Germany Europe News | 15 February 2011

We are looking at a busy news day today, Tuesday, Feb. 15.

Early in the morning the Q4 GDP figures for Germany will be released and then figures for the entire EUROZONE. Analyst estimates expect Germany to report quarterly growth of about 0.5-0.6%. Estimates for the EUROZONE, expect growth of 0.3-0.4% q/q.

Poor GDP figures may add to the increasing negative sentiment relating to Euro. Read more