It’s economic poll time and the scribblers are out with their latest estimates
- Eurozone GDP 0.2% in Q4 2014, 0.3% Q1 2015, 1.2% average in 2015 (0.3%, 0.3%, 1.3% prior)
- EZ inflation 0.5% q4, 1.0% 2015, 1.4% 2016 (0.6%, 1.1%, 1.5% prior)
- Say if sovereign QE is coming it will be by June 2015
- German GDP to grow 0.2% in Q3, averting recession
UK
- First bank hike unchanged for Q1 2015
- GDP forecasts unchanged at 3.0% 2014 & 2.6% 2015
- Only 1 of 60 economists see rate hike this year (6/45 prior)
I believe these polls might be lagging by a bit so may not be taking into account the recent moves and change in sentiment.