Market Updates: Eurozone GDP and Final Employment Jump by 0.2% - FX Leaders News
EUR/USD

Market Updates: Eurozone GDP and Final Employment Jump by 0.2%

Posted Friday, December 7, 2018 by
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 .

What’s Next?

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.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Arslan Butt is our Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles
Comments

Leave a Reply

avatar
  Subscribe  
Notify of