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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 |
|
|
1.1333 -449 pips |
1.1576 +206 pips |
1.17821 | |
| EURAUD |
|
|
1.7314 -667 pips |
1.7941 +40 pips |
1.79815 | |
| EURJPY |
|
|
164.9315 -528 pips |
168.8318 +138 pips |
170.211 | |
| EURCAD |
|
|
1.5669 -356 pips |
1.5979 +46 pips |
1.60254 | |
| EURCHF |
|
|
0.9358 +13 pips |
0.9501 -156 pips |
0.93448 | |
| EURCZK |
|
|
24.6901 +635 pips |
0 +246266 pips |
24.62659 | |
| EURGBP |
|
|
0.8540 -91 pips |
0.8617 +14 pips |
0.86308 | |
| EURHUF |
|
|
397.9672 -46 pips |
405.3240 -690 pips |
398.43 | |
| EURNOK |
|
|
11.4018 -4602 pips |
11.8195 +425 pips |
11.8620 | |
| EURNZD |
|
|
1.8778 -665 pips |
1.9368 +75 pips |
1.94428 |
News (EUR)
German Factory Orders Log Bigger-Than-Expected Fall
Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 1h 25min ago
Eurozone Private Sector Expands More Than Estimated
The euro area private sector expanded more than previously estimated in June as both manufacturing and services sectors registered higher output, final survey results from S&P Global showed on Thursday. The HCOB final composite output index advanced to 50.6 in June from 50.2 in May. The reading was well above the flash estimate of 50.2.
RTTNews | 1 day ago
German Unemployment Climbs Less Than Expected In June
Joblessness in Germany rose in June but at a slower than expected pace, official figures revealed on Tuesday, as activity in the biggest economy in the euro area remains sluggish.
RTTNews | 2 days ago
