Advertisement
Estonia GDP Growth Rate QoQ
Among the expenditure components of the GDP, household consumption is the most important category in Estonia, accounting for 52% of the country's total use. Gross fixed capital formation (25%, one of the highest rates among EU nations) and government expenditure is the next most important components (20%). Exports of products and services account for 84% of GDP, while imports account for 81%, resulting in a contribution of 3% to total GDP.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0963 -416 pips |
1.1351 +28 pips |
1.13786 | |
| EURAUD |
|
|
1.7020 -748 pips |
1.7884 -116 pips |
1.77683 | |
| EURJPY |
|
|
156.8713 -636 pips |
163.8393 -61 pips |
163.229 | |
| EURCAD |
|
|
1.5278 -499 pips |
1.5731 +46 pips |
1.57766 | |
| EURCHF |
|
|
0.9374 -36 pips |
0.9640 -230 pips |
0.94104 | |
| EURCZK |
|
|
0 -249216 pips |
25.1544 -2328 pips |
24.92162 | |
| EURGBP |
|
|
0.8484 -56 pips |
0.8575 -35 pips |
0.85401 | |
| EURHUF |
|
|
397.6900 -789 pips |
405.4403 +14 pips |
405.58 | |
| EURNOK |
|
|
11.1792 -6798 pips |
11.9452 -862 pips |
11.8590 | |
| EURNZD |
|
|
1.8451 -612 pips |
1.9237 -174 pips |
1.90634 |
News (EUR)
German Ifo Business Sentiment Strengthens In April
German business confidence improved in April despite trade tariff uncertainty weighing on expectations, survey results from the the Munich-based ifo Institute revealed on Thursday. The ifo business climate index rose to 86.9 points from 86.7 points in March. The score was forecast to fall to 85.1.
RTTNews | 3 days ago
Eurozone Private Sector Activity Moves Closer To Stagnation
The euro area private sector moved closer to stagnation in April as activity was held back by faster reduction in orders amid the escalating trade tariff concerns, the results of the latest purchasing managers' survey by S&P Global showed on Wednesday. The HCOB flash composite output index eased to 50.1 in April, which was only slightly above the 50.0 no-change mark.
RTTNews | 4 days ago
German Private Sector Falls Back Into Contraction
Germany's private sector fell into the contraction territory in April as trade tariff concerns damped business confidence and demand, flash purchasing managers' survey by S&P Global revealed Wednesday. The composite output index fell to 49.7 in April from 51.3 in March. The score fell below the 50.0 no-change mark for the first time in four months.
RTTNews | 4 days ago
