Belgium GDP Growth Rate YoY
Belgium's GDP is dominated by household consumption, which accounts for 52% of total consumption. Government expenditure (25%) and gross fixed capital formation (23%) are the next two largest components of GDP. Exports of goods and services account for 84% of GDP, while imports account for 83%, with imports contributing 1% 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 |
|
|
1.0641 -24 pips |
1.0757 -92 pips |
1.06654 | |
| EURAUD |
|
|
1.6480 -96 pips |
1.6589 -13 pips |
1.65758 | |
| EURJPY |
|
|
158.3895 -629 pips |
162.8730 +180 pips |
164.678 | |
| EURCAD |
|
|
1.4615 -75 pips |
1.4725 -35 pips |
1.46896 | |
| EURCHF |
|
|
0.9573 -142 pips |
0.9820 -105 pips |
0.97149 | |
| EURCZK |
|
|
25.3748 +1364 pips |
0 +252384 pips |
25.23840 | |
| EURGBP |
|
|
0.8547 -20 pips |
0.8596 -29 pips |
0.85673 | |
| EURHUF |
|
|
389.2143 -355 pips |
393.1837 -42 pips |
392.76 | |
| EURNOK |
|
|
10.9034 -8396 pips |
11.7371 +59 pips |
11.7430 | |
| EURNZD |
|
|
1.7832 -221 pips |
1.8044 +9 pips |
1.80534 |
News (EUR)
German Economic Confidence Strengthens On Recovery Hopes
Germany's economic confidence strengthened more-than-expected to hit the highest in more than two years in April as investors anticipate the economy to pick up over the coming months amid the global recovery, survey results from the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to 42.9 in April from 31.7 in the previous month. The reading was seen at 35.1.
RTTNews | 1 day ago
Eurozone Industrial Production Recovers In February
Eurozone industrial production recovered in February driven by the rebound in capital and durable consumer goods output, official data revealed on Monday. Industrial production grew 0.8 percent on a monthly basis in February, Eurostat reported. This was in contrast to the 3.0 percent contraction seen in January but matched economists' expectations.
RTTNews | 2 days ago
Eurozone Lenders To Tighten Credit Standards For Loans To Firms, Demand To Fall - ECB
Eurozone lenders intend to tighten conditions for loans to firms in the second quarter and they expect a fall in demand for loans from enterprises, the bank lending survey results from the European Central Bank showed on Tuesday. Lenders plan to moderately tighten credit standards for loans to firms and maintain credit standards for loans to households in the second quarter.
RTTNews | 8 days ago
