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: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
3 markets to watch next week: GBPUSD, US500, OIL (06.11.2026)
🚩 EURUSD loses 0.6%
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge