Eurozone Q3 GDP rises faster by 0.6% vs. flash estimates of 0.4%
According to revised estimates, the Eurozone Gross Domestic Product (GDP) expanded at a faster pace of 0.6% in the third quarter this year. The preliminary data showed that the economy grew at a moderate pace of 0.4%.
On an annualized basis, the Eurozone economy rises in line with preliminary estimates of 1.3%.
Market reaction
No major action is obseved in the Euro (EUR), following the release of the Eurozone second Q3 GDP estimates. At press time, EUR/USD is flat at around 1.1054.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver price today: Silver broadly unchanged, according to FXStreet data
Strategy CEO Phong Le says MSCI exclusion has little impact, about 3% of stocks are related to the index

EUR/USD: ECB hawks lag Fed – ING

US Dollar: Resilient as Fed stays hawkish – TD Securities

