Spain GDP Growth Rate YoY
Spain's GDP is primarily composed of household consumption (58%), followed by gross fixed capital formation (21%) and government expenditure (18%). In terms of investments, real fixed assets account for 18% of GDP, with construction accounting for 10% and machinery, equipment, and armament systems accounting for 7%, intellectual property goods account for the remaining 3%. It is claimed that exports of goods and services account for 34% of GDP, while imports account for 31% of GDP, for a combined 3 percent of the 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 |
|
|
1.0723 -33 pips |
1.0820 -64 pips |
1.07559 | |
| EURAUD |
|
|
1.6237 -91 pips |
1.6364 -36 pips |
1.63278 | |
| EURJPY |
|
|
162.1324 -404 pips |
165.5089 +66 pips |
166.168 | |
| EURCAD |
|
|
1.4641 -82 pips |
1.4740 -17 pips |
1.47229 | |
| EURCHF |
|
|
0.9609 -153 pips |
0.9835 -73 pips |
0.97620 | |
| EURCZK |
|
|
25.3748 +3643 pips |
0 +250105 pips |
25.01050 | |
| EURGBP |
|
|
0.8559 -20 pips |
0.8598 -19 pips |
0.85787 | |
| EURHUF |
|
|
384.0294 -475 pips |
390.0976 -132 pips |
388.78 | |
| EURNOK |
|
|
10.9870 -6919 pips |
0 +116789 pips |
11.6789 | |
| EURNZD |
|
|
1.7779 -143 pips |
1.7970 -48 pips |
1.79222 |
News (EUR)
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 | 21h 21min 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 | 23h 36min ago
Eurozone Unemployment Rate Steady At 6.5% For Fifth Month
Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.
RTTNews | 3 days ago
