10:01 · 16 August 2023

BREAKING: Eurozone GDP in line with expectations; industrial data surprises to the upside!

EUR/USD
Forex
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 Eurozone GDP flash report (y/y) (Actual: 0,6%. Forecast: 0.6%. Previous: 1.0%)

  •  q/q reading (Actual: 0,3%. Forecast: 0.3%. Previously: -0.1%)

  • Eurozone June industrial production +0.5% vs -0.1% m/m expected

  • Today's report matches the initial estimates but it is a bit of a surprise given how downbeat the recent data were.

Source: ec.europa

EURUSD is not reacting to Eurozone GDP data, which came in line with expectations. Source xStation 5 

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