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 |
|
|
1.1188 -429 pips |
1.1628 -11 pips |
1.16166 | |
| EURAUD |
|
|
1.7204 -696 pips |
1.7967 -67 pips |
1.78999 | |
| EURJPY |
|
|
167.0922 -581 pips |
171.2244 +168 pips |
172.900 | |
| EURCAD |
|
|
1.5555 -484 pips |
1.6086 -47 pips |
1.60386 | |
| EURCHF |
|
|
0.9353 -7 pips |
0.9479 -119 pips |
0.93600 | |
| EURCZK |
|
|
24.5218 +485 pips |
0 +244733 pips |
24.47330 | |
| EURGBP |
|
|
0.8593 -110 pips |
0.8662 +41 pips |
0.87032 | |
| EURHUF |
|
|
396.8271 +88 pips |
405.0881 -915 pips |
395.94 | |
| EURNOK |
|
|
11.4727 -2194 pips |
11.7411 -490 pips |
11.6921 | |
| EURNZD |
|
|
1.9247 -637 pips |
1.9870 +14 pips |
1.98837 |
News (EUR)
Eurozone Inflation Rises Slightly To 2.1%
Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.
RTTNews | 2h 31min ago
Eurozone Manufacturing Growth At 38-Month High
The euro area manufacturing activity grew at the fastest pace in more than three years in August driven by a sharp rise in output and the renewed uptick in domestic demand, data published by S&P Global showed on Monday. The HCOB final manufacturing Purchasing Managers' Index improved to 50.7 in August from 49.8 in July. This was the first expansion in the currency bloc since June 2022. The flash
RTTNews | 1 day ago
German Inflation Accelerates To 2.2% In August
Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 3 days ago
