Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The typical/expected impact on EUR pairs is medium.
The consensus forecast for Gross Domestic Product (QoQ) is 0.2%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Gross Domestic Product (QoQ) was 0.1% against a forecast of 0%.
Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (QoQ) result:
Country: | Italy |
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Currency: | EUR |
Source: | ISTAT |
Category: | Economic Activity |
Frequency: | Quarterly |