Spain GDP Growth Rate QoQ
The fourth-largest economy in the Euro Zone and the fifth largest economy in the European Union, Spain boasts a thriving and diverse manufacturing industry, and it is also one of the world's most popular tourism destinations. Spain's GDP is dominated by household consumption (58% of GDP), followed by gross fixed capital formation (21%) and government expenditure (18%). In terms of investments, concrete fixed assets account for 18% of GDP, with construction accounting for 10% and machinery, equipment, and weapon systems accounting for 7%, intellectual property goods account for the remaining 3%. Adding 3% of total GDP, exports of goods and services account for 34%, while imports account for 31%.
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 |
|
|
1.0720 -35 pips |
1.0814 -59 pips |
1.07551 | |
| EURAUD |
|
|
1.6254 -46 pips |
1.6389 -89 pips |
1.63000 | |
| EURJPY |
|
|
162.0591 -420 pips |
165.6534 +61 pips |
166.259 | |
| EURCAD |
|
|
1.4682 -78 pips |
1.4760 +0 pips |
1.47601 | |
| EURCHF |
|
|
0.9638 -132 pips |
0.9870 -100 pips |
0.97702 | |
| EURCZK |
|
|
25.3748 +3638 pips |
0 +250110 pips |
25.01101 | |
| EURGBP |
|
|
0.8569 -27 pips |
0.8612 -16 pips |
0.85964 | |
| EURHUF |
|
|
384.1712 -487 pips |
390.0976 -106 pips |
389.04 | |
| EURNOK |
|
|
10.9856 -7412 pips |
0 +117268 pips |
11.7268 | |
| EURNZD |
|
|
1.7772 -141 pips |
1.7970 -57 pips |
1.79130 |
News (EUR)
German Exports Rebound; Industrial Orders Data Disappoint
Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing a 1.6 percent fall in February, which was revised from a 0.2 percent gain reported initially, Destatis said Tuesday. Shipments were forecast to
RTTNews | 12h 47min ago
Eurozone Private Sector Growth Accelerates In April
The euro area private sector growth accelerated to an 11-month high in April driven by the service sector, final survey results from S&P Global showed on Monday. The HCOB composite output index rose to 51.7 in April from 50.3 in the previous month. The flash estimate was 51.4.
RTTNews | 1 day ago
Eurozone Sentix Investor Confidence Rises For 7 Straight Months
Eurozone investor confidence improved for the seventh straight month in May to hit the highest level since February 2022 as both current situation and expectations rose in small but steady steps, a closely watched survey showed on Monday. The investor confidence index posted -3.6 in May, the behavioral research institute Sentix reported. The score was forecast to improve moderately to -4.8.
RTTNews | 1 day ago
