German GDP Growth Rate QoQ Flash (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.0%)
The German GDP growth rate for Q4 came in at 0.3%, beating expectations of 0.2% and significantly improving from the previous quarter's 0.0%.
[MARKET UPDATE] Spot silver has wiped out the entirety of this week's gains, currently trading at USD 101/oz
Pantheon's Vistesen writes "State CPIs in Germany coming in very hot here, at least relative to our expectations; this will be a bad day for ECB doves, by the looks of it."
German GDP Growth Rate QoQ Flash (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.0%)
Italian GDP Growth Rate YoY Adv (Q4) Y/Y 0.8% vs. Exp. 0.5% (Prev. 0.6%)
Italian GDP Growth Rate QoQ Adv (Q4) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.1%)
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This upward surprise could signal a potential stabilization in the German economy, which is crucial for the overall sentiment in the Eurozone—watch for implications on ECB policy and EUR strength.
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