[macro outlook] the final value of GDP quarterly rate after the euro zone released its second-quarter quarterly adjustment

Published: Sep 8, 2020 06:45

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SMM9 March 8: today we focus on the final GDP quarterly rate after the second quarter adjustment in the euro zone.

In terms of data, Germany did not adjust its trade account quarterly in July, with a trade surplus, indicating a net inflow of funds and an appreciation of the euro; a trade deficit indicates a net outflow of funds and a depreciation of the euro.

The final GDP quarterly rate after the quarterly adjustment of the euro zone in the second quarter is one of the most important indicators to measure the economic situation in Europe, one of the main indicators for the central bank to formulate monetary policy, and one of the bases for the market to predict the future direction of economic and monetary policy, so it will have a great impact on the exchange rate.

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