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BREAKING: German GDP lower than expected

8:04 AM 22 November 2024

07:00 GMT German GDP (Q3)

  • QoQ: actual 0.1% QoQ; forecast 0.2% QoQ; previous 0.2% QoQ;

  • YoY: actual -0.3% YoY; forecast -0.2% YoY; previous -0.2% YoY;

Euro slightly gains after lower than expected GDP print as traders consider possiblity of slower rate cut pace.

 

 

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