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Volatile Is the Buzzword for European Economy Seeking Rebound
Europe has a long way to go if it’s to deliver on the hope sparked by recent economic numbers. While there are hints that the bloc’s sharp deceleration is ending, there’s no escaping fresh doubts over global trade, ongoing weakness in German manufacturing, uncertainty over China’s growth, and Brexit. That’s got some of Europe’s big corporate names continuing to warn of a “volatile” backdrop. Euro-area GDP growth topped expectations at 0.4% in the first quarter, and a similar number is predicted on Wednesday from Germany, the region’s biggest economy. That would signal the outlook isn’t as bad as ... (full story)