The Eurozone and EU economies expanded in the third quarter of 2024, with GDP growth outpacing the previous quarter.
Seasonally adjusted GDP rose by 0.4% in Q3 2024 in the Eurozone and by 0.3% in the EU compared to the previous quarter, according to a preliminary flash estimate from Eurostat. In Q2 2024, GDP had increased by 0.2% in the Eurozone and by 0.3% in the EU.
These initial estimates are based on partial data and may be revised. Compared to the same quarter of the previous year, seasonally adjusted GDP increased by 0.9% in both the Eurozone and the EU in the third quarter of 2024, following year-on-year growth of 0.6% in the Eurozone and 0.8% in the EU in the prior quarter.
Source: Eurostat
Global markets ended the week with broad U.S. dollar weakness after the Treasury announced plans to expand long-term debt buybacks, adding liquidity and pressuring yields.
Detail Dollar Weakens as Falling Yields Lift Markets (08.20.2026)Global markets responded to falling U.S. Treasury yields after expanded government bond buybacks eased long-term borrowing costs and pressured the dollar.
Detail Euro Hits Two-Month High as Metals Fall (08.19.2026)Global markets remained focused on diverging central bank expectations, rising bond yields, and renewed Middle East tensions.
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