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

30Oct.202410:00

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

Consumer confidence. EU, 12:00 (GMT+2)
30 Oct. 2024 11:00
Consumer confidence. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the EU will publish October consumer confidence data, based on a survey of 2.3K households assessing the prospects for the economy. It is a leading indicator for consumer spending, its high values ​​indicate consumer optimism, and vice versa. It may remain at –12.5 points, putting pressure on the euro.

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