Investing.com -- Thomas Zlowodzki, an analyst at Oddo BHF, has indicated that the US economy is slowing down, despite the risk of a prolonged recession being "very low."
Zlowodzki’s comments were based on recent job creation figures. He also noted that the interpretation of GDP figures for the first quarter was fairly complex, suggesting that future focus will be on upcoming macroeconomic indicators.
In relation to European equities, Zlowodzki pointed out potential catalysts that could influence the market. These include a renewed focus on Germany following the probable appointment of Friedrich Merz as chancellor.
Additionally, optimism surrounding a ceasefire agreement in Ukraine could also have an impact on European equities.
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