Revised Eurozone GDP growth in Q3 on an annualized basis was:
Annualized GDP change: 2.3% vs. 2.1% forecast and 2.1% previously
Quarterly GDP change: 0.3% vs. 0.2% forecast and 0.2% previously
Quarterly employment rose 0.3% vs. 0.2% previously
- The European Central Bank said that consumers in the eurozone, will see inflation near 3% over the next three years. In contrast, it will be 5.4% over the next 12 months, according to the latest estimates.
The major currency pair EURUSD reacted mixedly to the data, although it strengthened against the dollar from the early morning hours, which we can associate with possible realizing traders profits:
EURUSD chart, M5 interval. Source: xStation5
Source: Eurostat
Economic Calendar - Final Eurozone Inflation and U.S. Industrial Production (16.04.2026)
Morning Wrap: Records on Wall Street in anticipation of the opening of the Strait of Hormuz (16.04.2026)
Daily summary: The market pauses at the top
BREAKING: First U.S. inventory decline in two months, mainly due to record exports