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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 |
|
|
1.1016 -435 pips |
1.1551 -100 pips |
1.14507 | |
| EURAUD |
|
|
1.7069 -629 pips |
1.7831 -133 pips |
1.76983 | |
| EURJPY |
|
|
163.7279 -685 pips |
170.9315 -36 pips |
170.574 | |
| EURCAD |
|
|
1.5415 -409 pips |
1.5917 -93 pips |
1.58238 | |
| EURCHF |
|
|
0.9345 +49 pips |
0.9429 -133 pips |
0.92963 | |
| EURCZK |
|
|
24.6542 +738 pips |
0 +245804 pips |
24.58044 | |
| EURGBP |
|
|
0.8535 -91 pips |
0.8661 -35 pips |
0.86259 | |
| EURHUF |
|
|
397.4508 -223 pips |
405.3578 -568 pips |
399.68 | |
| EURNOK |
|
|
10.8444 -9380 pips |
11.8312 -488 pips |
11.7824 | |
| EURNZD |
|
|
1.8615 -698 pips |
1.9416 -103 pips |
1.93133 |
News (EUR)
Eurozone Economy Fares Better Than Expected In Q2
The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. importers frontloaded their orders to reduce the cost burden of higher tariffs. Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, preliminary flash estimate from Eurostat.
RTTNews | 17h 50min ago
Eurozone Economic Confidence Rises To 5-Month High
Euro area economic sentiment improved to a five-month high in July largely driven by stronger confidence in industry, services and retail trade, survey data from the European Commission showed Wednesday. The economic sentiment index rose to 95.8 in July from 94.2 in the previous month. This was the highest reading since February and remained above forecast of 94.5.
RTTNews | 19h 10min ago
French GDP Growth Beats Expectations
The French economy logged a faster-than-expected growth in the second quarter on recovering household spending, official data showed Wednesday. Gross domestic product grew 0.3 percent from a quarter ago, the statistical office INSEE showed on Wednesday. The economy was expected to grow at a steady pace of 0.1 percent in the second quarter.
RTTNews | 1 day ago
