The typical/expected impact on EUR pairs is medium.
The consensus forecast for Gross Domestic Product (YoY) is 0.7%. 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 (YoY) was 0.9% against a forecast of 0.9%.
Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:
Country: | Italy |
---|---|
Currency: | EUR |
Source: | ISTAT |
Category: | Economic Activity |
Frequency: | Quarterly |