Major Economies in Europe are showing some firming up as they stay on the slow road to recovery. The unemployment rate in Italy fell to its lowest level in over four years during March as the economy continued to grow. The jobless rate fell to 11.4% to beat the consensus estimate of analysts of 11.6%. GDP in Italy rose 0.3% in Q1. A bounce in consumer spending in France helped GDP expand to 0.5% in Q1, to top estimates for 0.4% growth. Meanwhile, Spain is expected to hit its target of 1.5% growth in Q1. Eurozone Q1 GDP rose 0.6% vs. 0.4% expected. The GDP mark was 1.6% higher than a year ago.
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