Market Updates: Euro Area Flash GDP Up by 0.2%
Euro area seasonally adjusted GDP rose by 0.2% in both the euro area (EA19) and the EU28 during the fourth quarter of 2018.
Arslan Butt•Thursday, February 14, 2019•1 min read
According to the Eurostat report, the Euro area seasonally adjusted GDP rose by 0.2% in both the Euro area (EA19) and the EU28 during the fourth quarter of 2018. It’s the same as the previous quarter data.
In the third quarter of 2018, GDP had grown by 0.2% in the Euro area and by 0.3% in the EU28. The EUR/USD gained support above $1.1250.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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