Advertisement
Germany Full Year GDP Growth
Germany's economy - the fifth largest in the world and the largest in Europe - is a top exporter of machinery, vehicles, chemicals, and home goods, and it benefits from a highly skilled labor force. A look at the GDP composition on the expenditure side reveals that it is dominated by household consumption (55%), gross capital formation (20%, with 10% of that coming from construction, 6% from machinery and equipment, and 4% from other products), and government expenditure (19%). Approximately 46% of GDP is accounted for by exports of goods and services, with imports accounting for 39% and contributing 7% 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 |
|
|
1.0957 -423 pips |
1.1260 +120 pips |
1.13799 | |
| EURAUD |
|
|
1.7028 -850 pips |
1.7886 -8 pips |
1.78780 | |
| EURJPY |
|
|
155.0729 -709 pips |
163.3928 -123 pips |
162.167 | |
| EURCAD |
|
|
1.5293 -489 pips |
1.5677 +105 pips |
1.57824 | |
| EURCHF |
|
|
0.9344 +55 pips |
0.9505 -216 pips |
0.92891 | |
| EURCZK |
|
|
0 -250146 pips |
24.9887 +259 pips |
25.01463 | |
| EURGBP |
|
|
0.8512 -91 pips |
0.8597 +6 pips |
0.86031 | |
| EURHUF |
|
|
397.5650 -987 pips |
405.6024 +183 pips |
407.44 | |
| EURNOK |
|
|
11.4803 -5464 pips |
0 +120267 pips |
12.0267 | |
| EURNZD |
|
|
1.8466 -747 pips |
1.9358 -145 pips |
1.92127 |
News (EUR)
Eurozone Inflation Eases As Estimated
Eurozone inflation slowed in March, as initially estimated, as energy prices declined for the first time in four months and services inflation softened for the third straight month. The harmonized index of consumer prices climbed 2.2 percent on a yearly basis in March, slightly slower than the 2.3 percent rise in February, final data from Eurostat showed on Wednesday.
RTTNews | 17h 13min ago
German Economic Sentiment Plunges On Trade Tariff Concerns
German economic sentiment logged its sharpest fall since Russia invaded Ukraine in early 2022, as the changes in the US trade policy added global uncertainty, a closely watched survey published by think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment declined sharply to -14.0 in April from +51.6 in March. The indicator turned negative for the first time since October 2023 and als
RTTNews | 1 day ago
Eurozone Industrial Production Growth Accelerates
Eurozone industrial output grew at a faster pace in February driven by the rebound in production of capital and non-durable consumer goods, data from Eurostat showed on Tuesday. Industrial output climbed 1.1 percent month-on-month in February, which was faster than the 0.6 percent growth logged in January and also better than economists' forecast of 0.1 percent.
RTTNews | 1 day ago
