German GDP arrives at +0.1% QoQ in Q3 vs. -0.1% expected. German GDP stands at +1.0% YoY in Q3 vs. +0.9% expected. The German economy expanded by 0.1% QoQ in the third quarter of 2019 and outpaced expectations of -0.1%, the preliminary report by Destatis showed this Thursday. Meanwhile, the yearly rate grew by 1.0% in Q3 as compared to the previous reading of 0.0%, but bettered market expectations of 0.9% expansion. The shared currency bounced-off monthly lows on positive surprise delivered by the German growth numbers, with EUR/USD back above the 1.10 handle. About German Prelim GDP The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY off lows, still in the red below 109.00 handle FX Street 3 years German GDP arrives at +0.1% QoQ in Q3 vs. -0.1% expected. German GDP stands at +1.0% YoY in Q3 vs. +0.9% expected. The German economy expanded by 0.1% QoQ in the third quarter of 2019 and outpaced expectations of -0.1%, the preliminary report by Destatis showed this Thursday. Meanwhile, the yearly rate grew by 1.0% in Q3 as compared to the previous reading of 0.0%, but bettered market expectations of 0.9% expansion. The shared currency bounced-off monthly lows on positive surprise delivered by the German growth numbers, with EUR/USD back above the 1.10 handle. About German Prelim GDP The Gross… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
