Country Focus
Q1 Export Spike Hides Eurozone Slowdown Ahead
Eurozone GDP beats expectations, but trade distortions and weakening demand momentum support a risk-off Eurozone playbook. Flash Q1 GDP rose 0.4% q/q (1.2% y/y), up from 0.2% in Q4, driven largely by net exports. A key contributor was a sharp surge in exports…
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