◂ Event Timeline

Oct 30, 2024REPORTEurope

Eurozone economy shows slight lift as Germany and France top forecasts

Eurozone GDP grew 0.4% in the third quarter of 2024, the fastest pace in two years, with stronger-than-expected growth in Germany and France. The euro rose on the data while European stocks fell amid global market tensions.

WHY IT MATTERS

Stronger euro zone growth supports European feed demand and firms the euro against the dollar, modestly affecting the cost of US feed commodities for European buyers.

AFFECTSEuro (USD per EUR)▲

SOURCE
euronews.comOct 30, 2024

Price reaction & history

Euro (USD per EUR)▲bullishSO FAR1d +0.6%5d +1.1%20d -2.1%

After 20 past bullish report events, Euro (USD per EUR) moved a median +0.7% over 5 sessions (70% higher; middle half -0.0% to +1.6%), and +1.1% over 20.

Jul 30, 2026Euro rises as Eurozone growth outpaces forecasts+1.4%
Apr 30, 2019Eurozone Q1 GDP Growth Beats Forecasts+0.3%
Jul 31, 2026Euro recovers as Eurozone inflation stays firm-0.0%
Mar 31, 2026Eurozone inflation surges as Iran war triggers energy price spike | Euractiv+0.8%
Mar 1, 2023Euro-Zone Core Inflation at Record Set to Embolden ECB Hawks-0.3%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Euro (USD per EUR) EURUSD · GP ▸

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