{"id":133405,"date":"2024-09-02T09:20:54","date_gmt":"2024-09-02T06:20:54","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/week-ahead-in-the-markets-eurozone-to-confirm-the-second-quarter-gdp\/"},"modified":"2024-09-02T09:20:54","modified_gmt":"2024-09-02T06:20:54","slug":"week-ahead-in-the-markets-eurozone-to-confirm-the-second-quarter-gdp","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/week-ahead-in-the-markets-eurozone-to-confirm-the-second-quarter-gdp\/","title":{"rendered":"Week ahead in the markets: Eurozone to confirm the second quarter GDP"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/133405\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Global markets will focus on key economic data from the major economies, including the Eurozone\u2019s final GDP for the second quarter, Switzerland\u2019s inflation and economic growth, and the US jobs data, which are set to shape financial markets\u2019 future trends. With central banks anticipated to implement rate cuts for the remainder of the year, the global economic outlook will be pivotal in shaping market expectations.<\/p>\n<p>Last week, European markets continued their ascent towards new highs.This week, investors will closely examine key economic indicators, including the final version of the second-quarter Gross Domestic Product (GDP) and employment change figures for the Eurozone, the non-farm payroll data for the US, and the Bank of Canada\u2019s interest rate decision.<\/p>\n<p>The key releases will include the final versions of the manufacturing and services PMIs for August, second-quarter GDP growth and employment change for the region. In the previous two estimates, the Eurozone economy grew by 0.3% in the second quarter, maintaining the same rate as in the first quarter, indicating a steady recovery pace in the first half of the year following two consecutive quarters of stagnation in the latter half of 2023. Economic growth was particularly evident in major countries such as France, Italy, Spain, and Belgium.<\/p>\n<p>However, Germany, the bloc\u2019s largest economy, unexpectedly contracted by 0.1% in the second quarter due to ongoing constraints in the industrial sector. Germany is also set to release its industrial production figures for July, with expectations that the country\u2019s factory activity may have further declined from the previous month. The final version of the GDP is expected to confirm the Eurozone&#8217;s growth at 0.3%. Preliminary data shows that the number of employed persons in the Eurozone increased by 0.2% in the second quarter, down from a 0.3% rise in the first quarter.<\/p>\n<p>While the growth rate has remained relatively stable over the past few quarters, the labour market\u2019s recovery indicates signs of stability following a surge in the post-pandemic period of 2022 and early 2023. Additionally, Switzerland will publish its monthly inflation figures for August and its second-quarter GDP. In July, consumer prices fell by 0.2% month-on-month, marking the first decline in eight months, while annual inflation remained at 1.3%.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/09\/02\/week-ahead-in-the-markets-eurozone-to-confirm-the-second-quarter-gdp\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2024\/09\/02\/week-ahead-in-the-markets-eurozone-to-confirm-the-second-quarter-gdp\">Euronews<\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/eus-first-sustainable-investment-facilitation-agreement-enters-into-force-with-angola-2\/\">Week ahead in the markets: Eurozone to confirm the second quarter GDP<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[15935,1676,15936,606,607,608],"class_list":["post-133405","post","type-post","status-publish","format-standard","hentry","category-news","tag-eurozone-confirm","tag-gdp","tag-the-second-quarter","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/133405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=133405"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/133405\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=133405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=133405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=133405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}