Federal Election

German federal election will be held to choose the 598 members of the Bundestag, the main federal legislative house of Germany. The new Bundestag will have to elect a Chancellor with an absolute majority of its members, who will form a new government.

Sunday 23 February 2025 00:00

The typical/expected impact on EUR pairs is high. This is an all-day event.

Trading range

Economic context

Recent economic data has been broadly neutral for EUR. The following recent announcements may affect the market reaction to Federal Election:

PreviousLatest
HCOB Composite PMI(no change)50.250.2
HCOB Manufacturing PMIBullish change46.647.3
HCOB Services PMIBearish change51.350.7
Consumer Price Index (EU Norm) (YoY)(no change)1.7%1.7%
Consumer Price Index (YoY)(no change)1.5%1.5%
HCOB Composite PMIBullish change50.551
HCOB Manufacturing PMIBullish change4546.1
HCOB Services PMIBearish change52.552.2
HCOB Composite PMIBearish change47.644.5
HCOB Manufacturing PMIBullish change4545.5
HCOB Services PMIBearish change48.244.5
Consumer ConfidenceBullish change-14.2-13.6
Producer Price Index (MoM)(no change)-0.1%-0.1%
Producer Price Index (YoY)Bearish change0.8%0.5%
ZEW Survey – Current SituationBullish change-90.4-88.5
ZEW Survey – Economic SentimentBullish change10.326
ZEW Survey – Economic SentimentBullish change1824.2
Consumer Price Index (EU norm) (YoY)(no change)1.8%1.8%
Employment Change (QoQ)Bearish change0.2%0.1%
Gross Domestic Product s.a. (QoQ)Bullish change0%0.1%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
Industrial Production s.a. (MoM)Bearish change0.4%-1.1%
Harmonized Index of Consumer Prices (MoM)(no change)-0.2%-0.2%
Harmonized Index of Consumer Prices (YoY)(no change)2.8%2.8%
Sentix Investor ConfidenceBullish change-17.7-12.7

About Federal Election

Country:Germany
Currency:EUR
Source:
Category:Politics
Frequency:Irregular
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