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Portugal GDP Growth Rate QoQ
When it comes to expenditures, household consumption is the most important component of GDP, accounting for 66% of total use. This is followed by government expenditure (19%) and gross fixed capital formation (15%). Exports of products and services account for 40% of GDP, whereas imports account for 40% as well.
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 |
|
|
1.1346 -419 pips |
1.1498 +267 pips |
1.17651 | |
| EURAUD |
|
|
1.7248 -657 pips |
1.7932 -27 pips |
1.79049 | |
| EURJPY |
|
|
164.5207 -518 pips |
167.6478 +205 pips |
169.697 | |
| EURCAD |
|
|
1.5667 -379 pips |
1.5944 +102 pips |
1.60461 | |
| EURCHF |
|
|
0.9372 +35 pips |
0.9511 -174 pips |
0.93375 | |
| EURCZK |
|
|
0 -247225 pips |
24.7895 -670 pips |
24.72249 | |
| EURGBP |
|
|
0.8508 -73 pips |
0.8565 +16 pips |
0.85809 | |
| EURHUF |
|
|
397.8737 -166 pips |
405.3240 -579 pips |
399.54 | |
| EURNOK |
|
|
11.7323 -1372 pips |
11.8195 +500 pips |
11.8695 | |
| EURNZD |
|
|
1.8691 -633 pips |
1.9329 -5 pips |
1.93242 |
News (EUR)
Eurozone Household Lending Grows Most In 2 Years
Lending to euro area households grew the most in two years in May and overall private sector credit growth remained stable, data from the European Central Bank revealed on Monday. Adjusted loans to households increased 2.0 percent year-on-year in May, the strongest since May 2023, when it was up 2.1 percent. Meanwhile, loans to businesses grew 2.5 percent from a year ago.
RTTNews | 6h 26min ago
Eurozone Economic Sentiment Falls Unexpectedly
Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.
RTTNews | 3 days ago
French Inflation Accelerates In June
France's inflation accelerated more than expected in June largely due to higher services costs but the overall rate remained below the 2 percent target, preliminary estimate from the statistical office INSEE showed on Friday. Consumer prices increased 0.9 percent year-on-year in June, faster than the 0.7 percent rise in May. The rate was forecast to remain unchanged at 0.7 percent.
RTTNews | 3 days ago
