The Spanish GDP report for Q3 2024 was one of the key European macro releases scheduled for today. The report was expected to show continued pace of expansion as in Q2 2024, in both quarterly and annual terms. The annual print came lower than expected with quarterly data being in line with forecasts.
Spanish GDP report for Q3 2024
- Quarterly: 0.8% QoQ vs 0.8% QoQ expected (0.8% QoQ previously)
- Annual: 3.3% YoY vs 3.4% YoY expected (3.4% YoY previously)
Daily summary: A historic day for precious metals; SILVER loses 30%; USD gains 💡
EURUSD down 0.5% amid US PPI inflation report🚨
Economic calendar: markets await Trump’s official Fed chair nomination 🔎
Morning wrap (30.01.2026)