Q1 GDP Eurozone came in line with expectations YoY at 0.4% vs 0.4% in the first reading and 0.4% previously
- Q1 Eurozone GDP was also flat at 0.3% MoM vs 0.3% in the first reading and 0.3% previously
- Also Eurozone employment came in line with 0.3% previous reading
- Eurozone Q1 Compensation per employee rose unexpectedly at 5.1% YoY vs 4.6% previously
In general data came in line with expectations, but higher wages make the reading quite hawkish. Despite to that, EURUSD didn't react very much and is still traded much below 1.09 resistance zone.
Source: xStation5
Bank of Canada holds rates unchanged - will USDCAD react?
RBNZ raises interest rates again, yet NZD falls after the decision ⚔️
Economic calendar: central bank decisions and US ADP report in focus 🔎
Morning wrap (02.09.2026)
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
