Market Updates: Eurozone GDP and Final Employment Jump by 0.2%
Arslan Butt • 1 min read
What’s up, fellas.
The Eurostat just released the GDP and Employment report for the Eurozone and both of these are neutral.
Revised GDP q/q – The gross domestic product (GDP) was forecast to be 0.2% and the actual figure also came out as 2%.
Final Employment Change q/q- Eurozone labor market grew by 2% exactly in line with the forecast, which is why we may not see any major moves in the EUR/USD .
Traders, the market is lacking trading volume as investors await the US non-farm employment change and unemployment rate from which is due at 13:30 (GMT).
Check out FX Leaders’ morning update, What to Expect from the Market Today to read our analysis on the US NFP.