BREAKING: Solid data from Spain

Flash GDP data from Spain for Q4 2020 turned out to be a positive surprise. While the country was expected to experience a 1.5% QoQ contraction, release showed a 0.4% QoQ growth. Retail sales in December declined 1.5% YoY but the market was expecting a 3.9% YoY drop so this is also a positive. On top of that, Spanish inflation accelerated from -0.6% to 0.6% YoY in January. As flash releases from euro area countries are calculated using the same methodology, Spanish release is a positive hint ahead of German release at 9:00 am GMT. Nevertheless, while we have observed a positive knee-jerk reaction on DE30, index quickly reversed and moved towards daily lows.

DE30 gained in a knee-jerk move but has reversed quickly afterwards. The index is now trading at daily lows near 13,400 pts. Source: xStation5

17 April 2026, 8:11 AM

Economic Calendar: A Calm End to the Week!

16 April 2026, 7:11 PM

Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues

16 April 2026, 6:32 PM

BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal

16 April 2026, 7:52 AM

Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)

Economic reports

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