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Eurozone Q2 preliminary GDP +0.3% vs +0.2% q/q expected

Prior -0.1%GDP +0.6% vs +0.5% y/y expectedPrior +1.0%The slight beat is at least a welcoming number for the ECB but the outlook is still very much uncertain. Dark clouds are circling the euro area economy to start Q3 and if they do signify a stronger downturn in the months ahead, that will make the ECB's job to push any further tightening agenda a tough one. This article was written by Justin Low at www.forexlive.com... Read More

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Posted: Jul 31 2023, 09:00

Author Name: forexlive

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