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Gross domestic product. Germany, 11:00 (GMT+2) 30 Oct

30Oct.202410:00

Gross domestic product. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), data on Q3 German gross domestic product (GDP) is due. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It may consolidate at –0.1% QoQ and fall from 0.0% to –0.3% YoY.

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ZEW economic expectations. Switzerland, 11:00 (GMT+2)
30 Oct. 2024 10:00
ZEW economic expectations. Switzerland, 11:00 (GMT+2)

At 11:00 (GMT+2), the October ZEW economic expectations index is due. It measures the difference between the share of institutional investors and analysts who are optimistic and pessimistic, being an important indicator of business conditions and the country’s economic well-being. It may fall from –8.8 points, putting pressure on the franc.

Gross domestic product. EU, 11:00 (GMT+2)
30 Oct. 2024 10:00
Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), data on the EU Q3 gross domestic product (GDP) is due. It is the main indicator reflecting the state of the national economy and considering domestic consumption, investment, government spending, and exports. It may stay at 0.2% QoQ and increase from 0.6% to 0.8% YoY, supporting the euro.

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