Gross Domestic Product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), will release gross domestic product (GDP) data of the eurozone countries for Q1 — the primary indicator reflecting the state of the national economy, encompassing domestic consumption, investment, government spending, and exports. The indicator is expected to decline from 1.2% to 0.8% YoY, while stabilising around 0.1% QoQ, which may act as a catalyst for downside pressure on the euro.

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