CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: Eurozone GDP revised downward! EURUSD gains!

10:04 7 September 2023

The revision of the Eurozone's Q2 2023 GDP surprised markets, which had expected a reading of 0.6% growth.

  • Eurozone GDP Y/Y: 0.5% Forecast: 0.6% Previously: 1,0%
  • Eurozone GDP M/M: 0.1% Forecast: 0.3% Previously: -0,1%

The eurozone's GDP saw a marginal increase of 0.1% in Q2, falling short of initial 0.3% projections, according to final data from Eurostat. The underwhelming growth was due to stagnant domestic consumption and declining exports. EURUSD is gaining, even though expectations for a rate hike from the ECB next week are falling.

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source: xStation 5

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.

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