Latvia GDP Growth Rate YoY
Latvia's most dominant component of GDP is household consumption (accounting for 61% of total GDP usage). The next most important components are gross fixed capital formation (23%) and government expenditure (18%). Exports of goods and services account for 59% of total GDP, while imports account for 62%, resulting in a 3% reduction in 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 |
|
|
1.0536 +45 pips |
1.0776 -285 pips |
1.04909 | |
| EURAUD |
|
|
1.6133 -111 pips |
1.6354 -110 pips |
1.62441 | |
| EURJPY |
|
|
152.3996 -415 pips |
161.6252 -507 pips |
156.551 | |
| EURCAD |
|
|
1.4634 -127 pips |
1.4872 -111 pips |
1.47609 | |
| EURCHF |
|
|
0.9338 +38 pips |
0.9513 -213 pips |
0.92997 | |
| EURCZK |
|
|
25.2779 +422 pips |
0 +252357 pips |
25.23574 | |
| EURGBP |
|
|
0.8315 +20 pips |
0.8385 -90 pips |
0.82953 | |
| EURHUF |
|
|
400.7279 -1401 pips |
413.0868 +165 pips |
414.74 | |
| EURNOK |
|
|
10.7403 -9323 pips |
11.7392 -666 pips |
11.6726 | |
| EURNZD |
|
|
1.7802 -44 pips |
1.7969 -123 pips |
1.78464 |
News (EUR)
Eurozone Manufacturing Activity Contracts In November
The Eurozone manufacturing sector contracted further in November on stronger declines in factory orders, production, purchasing activity and inventories, survey results from S&P Global showed on Monday. The HCOB factory Purchasing Managers' Index fell to 45.2 in November from 46.0 in October. The pace of decline was stronger than seen on average over the current period of decline.
RTTNews | 9h 8min ago
German Unemployment Rises Less Than Forecast
German unemployment increased less than expected in November despite companies reporting job cuts, figures from the Federal Employment Agency revealed Friday. The jobless rate came in at 6.1 percent, the same as in September and October. Also, the rate matched expectations. The number of people out of work increased only 7,000 after rising 26,000 in the previous month.
RTTNews | 3 days ago
French GDP Growth Accelerates; Inflation Rises Marginally
The French economic growth accelerated as estimated in the third quarter on the Paris Olympic and Paralympic Games and inflation rose only marginally in November, official data revealed on Friday. Gross domestic product logged a quarterly growth of 0.4 percent in the third quarter, which was unchanged from the previous estimate, the statistical office INSEE reported. This follows a 0.2 percent ri
RTTNews | 3 days ago
