Spain Q4 preliminary GDP +0.6% vs +0.2% QoQ expected
- Spain Q4 preliminary GDP +2.0% YoY vs +1.5%YoY expected
Spanish CPI (Y/Y) Jan P: 3.4% (est 3.0%; prev 3.1%)
- CPI (M/M) Jan P: 0.1% (est -0.2%; prev 0.0%)
- CPI Core (Y/Y) Jan P: 3.6% (est 3.3%; prev 3.8%)
06:30 am GMT publication:
- French Consumer Spending (M/M) Dec: 0.3% (est 0.0%; prev R 0.6%)
- Consumer Spending (Y/Y): 1.3% (est 1.1%; prev R -1.0%)
- French GDP (Q/Q) Q4 P: 0.0% (est 0.0%; prev R 0.0%)
- GDP (Y/Y): 0.7% (est 0.7%; prev 0.6%)
Overall, data from Spain and France point to recovery/stagnation in the European Union economies. Consumer activity is performing better than expectations (France), which is also followed by inflation increases in Spain. The euro appreciated against the U.S. dollar immediately after the publication of data from Spain.
Source: xStation
BREAKING: US JOLTS much higher than expected
BREAKING: US NFIB Business Optimism Index much higher than expected🗽
Economic calendar: ADP and JOLTS data in focus
Economic Calendar: a calm start to an interesting week 🔎