Eurostat said euro-area growth slowed to 0.4% in the third quarter from 0.6% in the second, after stagnation in the first three months of the year, and the flash reading beat the 0.2% forecast in a Reuters poll. France's economy unexpectedly contracted 0.1% over July to September as soaring borrowing costs reflected investor concern about a political struggle over reducing its high deficit, amid nationwide unrest over living costs. The ECB held rates steady on Thursday, saying the energy-price shock had not yet fed into second-round effects, though analysts said a further hike in December remains possible if energy costs stay elevated. The central bank also said downside risks to growth had increased.
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GDP growthEuropeECBinterest ratesFrance
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Related tickers and likely impact
EUR/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/29/2026 | 1.11822 |
| Change that session | +0.25% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/29/2026 | 101.88 |
| Change that session | -0.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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