eu economy

The ongoing US-China trade war has taken a heavy toll on global trade over the last two years. Worldwide, manufacturing readings have been trending lower across developed and emerging economies alike. In the G10 bloc, the downturn in… Read More

The week ahead is quiet and short for the US markets. Thanksgiving on November 28th will see a slowdown in trading volumes as traders head into a long weekend. Among other high ticket items this week, Canada will be releasing its monthly… Read More

The eurozone will be releasing its second revised estimates on the gross domestic product data. The report covers the economic performance for the third quarter ending September. This will be the second revision to the GDP. The… Read More

The European statistics agency, Eurostat will be releasing the preliminary GDP report for the third quarter today. During the three months ending September 2019, economists are optimistic that the eurozone economy grew at a pace of 0.2%… Read More

The last major market-moving data of this rather busy week for the euro is the Ifo Business Climate Index. The expectation is for it to confirm the host of downbeat economic reports we've been getting over the last few weeks. The… Read More

Among the wealth of economic events coming out of Europe this week, one that we don't want to miss is factory orders from Germany. This gives some important insight into how the largest economy in the eurozone is doing, as well as the… Read More

The euro came under heavy selling pressure yesterday in response to fresh dovish comments from ECB president Draghi. Draghi spoke at the ECB's Sintra conference in Portugal. During his speech, he gave the market a very clear signal that… Read More

Tomorrow we have the release of a host of data relevant to the euro all at once. We have CPI, trade balance and ZEW economic sentiment indicator for the eurozone. But, the one we'll be focusing on here since it tends to have a lot of… Read More

Tomorrow is a very big day for the euro according to the economic calendar. There's plenty of data on tap that could potentially move the currency. Arguably the most important figure is the German quarterly GDP. This is because it is… Read More

The German economic sentiment index, a survey from the ZEW economic institute is due for release today. Economists forecast that the sentiment could continue its uptrend. After rising 3.1 in April, the forward-looking sentiment index is… Read More