Euro Area EUR

Euro Area ECB Economic Bulletin

Impact:
Low

Latest Release:

Date:
Actual:
 
Forecast:
Previous/Revision:  
Period:
What Does It Measure?
The European Central Bank (ECB) Economic Bulletin measures the current economic conditions in the Euro Area, including assessments of growth, inflation, and overall macroeconomic performance. It focuses on key components such as GDP growth rates, inflation rates, employment figures, and monetary policy impacts, aiming to provide a clear overview of the economic landscape within the Eurozone.
Frequency
The ECB Economic Bulletin is typically released quarterly, featuring both preliminary estimates and final figures, with publication generally occurring on the scheduled release date set by the ECB.
Why Do Traders Care?
Traders closely monitor the ECB Economic Bulletin as it provides critical insights into the Eurozone's economic health, which directly impacts the value of the euro (EUR) against other currencies and influences market sentiment regarding European equities. Strong indicators or revisions can lead to bullish trends in both currency and stock markets, while disappointing figures may prompt bearish reactions.
What Is It Derived From?
The Economic Bulletin is derived from a combination of quantitative economic data, surveys conducted among economists and business leaders, and ECB assessments of macroeconomic conditions. This comprehensive approach includes data from national statistics offices, the ECB, and other relevant institutions, ensuring accuracy and reliability in the economic analyses presented.
Description
The ECB Economic Bulletin includes both preliminary and final reports; preliminary data is early and subject to revision, while final data represents a more accurate assessment based on complete information, typically released later. Financial markets often respond rapidly to preliminary releases due to their timeliness, although final reports can adjust market expectations based on refined analyses.
Additional Notes
This indicator serves as a coincident economic measure, reflecting the current state of the Eurozone economy in relation to broader trends in inflation, growth, and monetary policy. It connects with other significant economic indicators, such as purchasing managers' indices (PMIs) and inflation reports, providing a comprehensive view of economic conditions regionally and globally.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise