Eurozone Q4 final GDP q/q +0.6% vs +0.6% prelim

Latest data released by Eurostat — 7 March 2018

  • Q4 final GDP y/y +2.7% vs +2.7% prelim
  • Household consumption q/q +0.2% vs +0.4% prior
  • Government expenditure q/q +0.3% vs +0.4% prior

Preliminary/provisional figures can be found here. These are seasonally adjusted figures and are in line with provisional readings, so nothing much to see here.
EUR/USD now at 1.2427, still range-bound as European traders appear to be rather tentative in response to Cohn’s resignation and on trade concerns. EUR/GBP at 0.8963 higher on the day as sterling slips a little. EUR/CHF at 1.1649, also range-bound.
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