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Jun 24, 2015

Economic Data Estimates on 24th June 2015

The German ifo Business Climate: Wednesday 15:00 pm. In the German Ifo business has dropped for the first time in seven months that in May, becoming 108.5 Compared with 10.86 in the month of April. But the data better than Reviews those already in the estimate by the analysis of 108.3. Decline in sentiment was in because of uncertainty over the Greek crisis in the euro area. German business sentiment in the estimate will reach 108.2.
Economic Data Estimates on 24th June 2015
Economic Data Estimates on 24th June 2015
Us Final GDP: Wednesday 19:30 pm. According to the data from the economy's GDP contracted in the amount of 0.7% (annualized) in Q1. On the output decline the caused by weather factors, strikes at the port and other s good. Current assessment that the economy rebounded in Q2. Contraction is expected to be lower: only 0.2%. A number of positive results that will inform the positive sentiment for the Fed.

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