> Goldman Sachs lowers euro area 2025 GDP growth forecast to 0.8% from 1.1% previously

Goldman Sachs lowers euro area 2025 GDP growth forecast to 0.8% from 1.1% previously

The downward revision owes to Trump's election win

Wednesday, 06/11/2024 | 12:57 GMT

Goldman Sachs cites potential tariff risks on the euro area following his election win today. No surprises there as this is also a key factor weighing on the euro currency as outlined here.

Most Popular

Trump trades continue to strengthen but here's a reminder of 2020
AUDUSD falls to lowest level since early August but bounces higher
ForexLive European FX news wrap: Dollar soars as Trump wins US presidential election
OPEC+ delay does the trick for oil as it climbs to a one-week high
10 year up 16.5 basis points; highest since early July.
Reserve Bank of Australia leaves cash rate unchanged at 4.35%, as expected
RBNZ Governor Orr says economy is lagging rate cuts, which is a concern

Contact us
Newsletter

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}