Key macroeconomic data from the Eurozone, including overall GDP, German GDP and estimates from other EU nations, now gives a clearer picture of the EU economy.
In particular, we can now make clearer comparisons between the economic growth of the Eurozone, compared to the US, and we are at a key crossroad, where the US looks to strengthen their economy via easing and stimulus, and the Eurozone begin its Austerity measures.
Macro Strategist from Saxo Bank, Mads Koefoed, gives his insights on how these two super economies will compare.