At 09:00 (GMT+2), preliminary data on German GDP in Q3 2019 will be released. The GDP is the main indicator reflecting the state of the national economy. It takes into account domestic consumption, investment, government spending and exports. The German economy is expected to decline by 0.1% on a quarterly basis and grow by 0.9% on an annualized basis. The implementation of the forecast can put pressure on EUR.
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