EURUSD: EU Q2 preliminary GDP +0.2% - June unemployment rate at 7.5%
EURUSD looks unfazed after the data that came in without surprises. EURUSD continues to trade at 1.1146. EURGBP trades at 0.9163 also unchanged trapped in 20 pips trading range.
Here is the score card from the European data:
Eurozone flash CPI eases to 1.1% y/y in July, meets estimates
EU Q2 preliminary GDP +0.2% vs +0.2% q/q expected
EU June unemployment rate 7.5% vs 7.5% expected
Italy July CPI preliminary came in at +0.1% as expected
Earlier today:
Germany Unemployment Change came in at 1k below forecasts of 2K in July.
Germany Unemployment Rate s.a. in line with expectations (5%) in July
Italy Unemployment came in at 9.7% below expectations of 10% in June
Spain Gross Domestic Product – Estimated (QoQ) came in at 0.5% below expectations (0.6%) in 2Q
Spain Gross Domestic Product – Estimated (YoY) came in at 2.3% below expectations (2.4%) in 2Q
France Consumer Price Index (EU norm) (MoM) above expectations (-0.3%) in July: Actual (-0.2%)
France Consumer Price Index (EU norm) (MoM) came in at 0.2% above expectations (-0.3%) in July
France Consumer Price Index (EU norm) (MoM) registered at -0.2% above expectations (-0.3%) in July
France Consumer Price Index (EU norm) (YoY) came in at 1.3%, above expectations (1.2%) in JulyDon’t miss a beat! Follow us on Twitter.