BREAKING: Eurozone GDP revised downward! EURUSD gains!

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.

source: xStation 5

6 November 2026, 1:31 PM

BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge

6 November 2026, 12:10 PM

EURUSD loses ground ahead of NFP

5 November 2026, 12:00 PM

BREAKING: BoE raises interest rates by 25pbs to 4%⏰

5 November 2026, 9:38 AM

Norges Bank keeps rates unchanged, but leaves the door open to rate hikes. Is this really the end of the NOK strengthening, though?

Economic reports

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