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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 |
|
|
1.0977 -445 pips |
1.1548 -126 pips |
1.14225 | |
| EURAUD |
|
|
1.7072 -619 pips |
1.7841 -150 pips |
1.76908 | |
| EURJPY |
|
|
163.6288 -636 pips |
170.9506 -96 pips |
169.993 | |
| EURCAD |
|
|
1.5393 -396 pips |
1.5910 -121 pips |
1.57890 | |
| EURCHF |
|
|
0.9347 +54 pips |
0.9430 -137 pips |
0.92934 | |
| EURCZK |
|
|
24.6542 +723 pips |
0 +245819 pips |
24.58193 | |
| EURGBP |
|
|
0.8536 -79 pips |
0.8661 -46 pips |
0.86148 | |
| EURHUF |
|
|
397.4508 -267 pips |
405.3578 -523 pips |
400.12 | |
| EURNOK |
|
|
10.8444 -9221 pips |
11.8312 -647 pips |
11.7665 | |
| EURNZD |
|
|
1.8639 -669 pips |
1.9427 -119 pips |
1.93076 |
News (EUR)
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 | 14h 53min ago
Eurozone Economic Confidence Rises To 5-Month High
Euro area economic sentiment improved to a five-month high in July largely driven by stronger confidence in industry, services and retail trade, survey data from the European Commission showed Wednesday. The economic sentiment index rose to 95.8 in July from 94.2 in the previous month. This was the highest reading since February and remained above forecast of 94.5.
RTTNews | 16h 13min ago
French GDP Growth Beats Expectations
The French economy logged a faster-than-expected growth in the second quarter on recovering household spending, official data showed Wednesday. Gross domestic product grew 0.3 percent from a quarter ago, the statistical office INSEE showed on Wednesday. The economy was expected to grow at a steady pace of 0.1 percent in the second quarter.
RTTNews | 21h 11min ago
