Advertisement
Finland GDP Growth Rate QoQ
While services account for 65% of the Finnish economy, manufacturing, particularly in the wood, metals, engineering, telecommunications, and electronics industries, is a critical sector. Among the expenditure of the GDP, household consumption which accounts for 55% of the total is the main component, following by government spending which accounts for 25% of the total, and gross fixed capital formation which accounts for the remaining 20% of the total. Exports of products and services account for 38% of GDP, while imports account for 39%, a 1% discrepancy between the two figures.
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 |
|
|
1.1334 -423 pips |
1.1569 +188 pips |
1.17568 | |
| EURAUD |
|
|
1.7254 -651 pips |
1.7936 -31 pips |
1.79049 | |
| EURJPY |
|
|
165.0289 -546 pips |
168.1209 +237 pips |
170.490 | |
| EURCAD |
|
|
1.5655 -306 pips |
1.6009 -48 pips |
1.59606 | |
| EURCHF |
|
|
0.9354 -2 pips |
0.9529 -173 pips |
0.93559 | |
| EURCZK |
|
|
24.6901 +700 pips |
0 +246201 pips |
24.62011 | |
| EURGBP |
|
|
0.8547 -68 pips |
0.8616 -1 pips |
0.86152 | |
| EURHUF |
|
|
397.9672 -89 pips |
405.3240 -647 pips |
398.86 | |
| EURNOK |
|
|
11.4018 -4377 pips |
11.8195 +200 pips |
11.8395 | |
| EURNZD |
|
|
1.8784 -614 pips |
1.9372 +26 pips |
1.93977 |
News (EUR)
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 | 3h 29min 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 | 1 day ago
Eurozone Inflation Hits ECB Target
Euro area inflation rose slightly to hit the European Central Bank's 2 percent target in June on slower fall in energy prices and the rise in services inflation, flash estimate from Eurostat showed on Tuesday. Annual inflation climbed to 2.0 percent in June from 1.9 percent in May. The rate reached the inflation target and also matched economists' expectations.
RTTNews | 2 days ago
