ECONOMIC RESEARCH TEAM, MARCH 24, 2017
Invest Up Leading Indicator for Eurozone - The Eurozone Economy Will Improve
The Invest Up Leading Indicator for Eurozone rose in March. The indicator now stands at 2.19, up from 2.04 in the previous month.
This forward looking indicator, which leads the official GDP number by up to nine months, indicates that the Eurozone economy is expected to be better over the next six to nine months with the GDP rate projected to increase by 0.48 points from the current level.
The Invest Up Leading Indicator for Eurozone is designed to predict future changes in the Eurozone economy. The indicator alerts investors to the directional turns in the Eurozone GDP growth rate up to nine months before the official release, giving users a significant advantage in increasing investment returns and lowing cyclical risks.
The indicator is developed with statistical models based on artificial intelligence algorithms studying over three hundred economic, demographic, political, financial, and digital transaction variables. A reading above 0 indicates that the Eurozone economy is forecasted to expand in the next nine months, while a reading below 0 indicates future contraction.