This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

Final GDP

The euro is in for a busy day tomorrow. A host of key data points is scheduled for release during the day.

The most important ones are related to the largest economy in the eurozone. We had a bit of a positive surprise out of Germany lately, and we now get to see if that outlook holds.

The market has now digested all the major data for the first quarter, including somewhat lackluster corporate reports. So, getting May data should give us some insight into how the summer could perform. Let’s unpack this data-laden day, and see what could happen with the currency prices.

Test your strategy on how the euro will fare with Orbex - Open your account now. 

The Important Points

The day starts with the release of the final GDP number for the first quarter from Germany. This is a review of the data that was already provided. And it’s not likely to move the market unless there is a revision. Quarterly GDP change is supposed to stay at 0.4%, and annual at 0.6%.

We will then be getting ...

To keep reading this article, please navigate to: Orbex Forex Trading Blog.