German Preliminary GDP prints -0.3% QoQ in Q4, as expected
Source Fxstreet
- German GDP arrives at -0.3% QoQ in Q4 vs. -0.3% forecast.
- Annual German GDP drops 0.2% in Q4 vs. -0.2% estimate.
- EUR/USD pays little heed to the German Q4 GDP report.
The German economy entered a technical recession, shrinking 0.3% over the quarter in the final quarter of 2023, as against the -0.1% recorded in Q3, according to the preliminary data published by Destatis on Tuesday.
developing story, please refresh the page.
About German Preliminary 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 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).
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
U.S. stocks rebounded on Monday, October 19, following a sharp sell-off in AI infrastructure stocks last week, lifting the Nasdaq Composite and S&P 500.At the clo
Dollar presses 102 as the 10-year yield sits at 5.14% — and October hike odds are only 17%The dollar index closed at 101.99 (+0.20%) on Monday after briefly topping 102.07, while the 10-year Treasury yield rose to 5.14% and the 2-year hit 4.774% — yet futures price only about a 17% chance of a hike at the October 27-28 FOMC, versus roughly 90% for December. The driver is a global bond selloff, not a Fed repricing: France's 10-year OAT jumped to 4.84% ~ 4.94% and the OAT-Bund spread widened to 140 ~ 146bp. Here are the levels, the cross-asset read-through and what to watch.
The dollar index closed at 101.99 (+0.20%) on Monday after briefly topping 102.07, while the 10-year Treasury yield rose to 5.14% and the 2-year hit 4.774% — yet futures price only about a 17% chance of a hike at the October 27-28 FOMC, versus roughly 90% for December. The driver is a global bond selloff, not a Fed repricing: France's 10-year OAT jumped to 4.84% ~ 4.94% and the OAT-Bund spread widened to 140 ~ 146bp. Here are the levels, the cross-asset read-through and what to watch.
Netflix earnings land tonight: the $70 line that decides whether the AI rebound has legsNetflix reports Q3 after the US close on October 20 with the stock at $69.85 (-0.96%), just below the $70 round number and far from its 52-week high of $124.86. Consensus looks for revenue near $12.87bn (+12%), EPS around $0.82 and a 33.2% operating margin, while options imply an 8.4% one-day move. With the Nasdaq up 1.11% and the SOX up 1.61% after an eight-day slide, the result is the first real test of the AI-led rebound. Here are the numbers, the $65 / $70 / $75 levels and the three checks that matter.
Netflix reports Q3 after the US close on October 20 with the stock at $69.85 (-0.96%), just below the $70 round number and far from its 52-week high of $124.86. Consensus looks for revenue near $12.87bn (+12%), EPS around $0.82 and a 33.2% operating margin, while options imply an 8.4% one-day move. With the Nasdaq up 1.11% and the SOX up 1.61% after an eight-day slide, the result is the first real test of the AI-led rebound. Here are the numbers, the $65 / $70 / $75 levels and the three checks that matter.
Tesla (TSLA) will report its third-quarter 2026 financial results after the U.S. stock market close on October 21, Eastern Time, and host an earnings conference call at 17:30 that day. Th
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 21, 2026. Read on for the details.
Related Instrument
