In Germany the first GDP estimate for 2013 as a whole will be released and indirectly this should also give us the first estimate for GDP growth in Q4. Recent hard data have been strong so we expect GDP to have expanded a solid 0.5% q/q in Q4. If our estimate proves right, German GDP should have expanded 0.6% in 2013. In the US the Empire manufacturing survey and producer prices for December are due for release.
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Danske Bank