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Italy GDP Growth Rate YoY
Italy is Europe's second-biggest manufacturing economy and the Eurozone's third-largest economy. On the spending side, the GDP is composed of three components: household consumption (61%), government expenditure (19%), and gross fixed capital formation (17%). 30% of GDP is accounted for by exports of goods and services, with imports accounting for 27% of GDP and contributing 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 |
|
|
1.0973 -450 pips |
1.1545 -122 pips |
1.14234 | |
| EURAUD |
|
|
1.7115 -630 pips |
1.7845 -100 pips |
1.77450 | |
| EURJPY |
|
|
165.3073 -658 pips |
170.7035 +119 pips |
171.890 | |
| EURCAD |
|
|
1.5400 -404 pips |
1.5917 -113 pips |
1.58041 | |
| EURCHF |
|
|
0.9343 +51 pips |
0.9429 -137 pips |
0.92924 | |
| EURCZK |
|
|
24.6542 +716 pips |
0 +245826 pips |
24.58263 | |
| EURGBP |
|
|
0.8541 -114 pips |
0.8662 -7 pips |
0.86549 | |
| EURHUF |
|
|
397.4508 -235 pips |
405.3578 -555 pips |
399.81 | |
| EURNOK |
|
|
10.8444 -9187 pips |
11.8352 -721 pips |
11.7631 | |
| EURNZD |
|
|
1.8670 -701 pips |
1.9420 -49 pips |
1.93712 |
News (EUR)
German Unemployment Rises In July
Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
RTTNews | 36 minutes ago
Eurozone Jobless Rate Unchanged At 6.2%
The euro area unemployment rate remained stable in June despite slowing economic growth and challenging global trade situation, official data revealed on Thursday. The jobless rate came in at seasonally adjusted 6.2 percent, the same rate as seen in May and down from 6.4 percent in the same period last year, Eurostat said Thursday.
RTTNews | 2h 21min ago
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 | 1 day ago
