EURUSD: EU Q2 preliminary GDP +0.2% – June unemployment rate at 7.5%

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Written By: Nikolas Papas
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    Summary:
  • 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

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.

Written By: Nikolas Papas

Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities Skills: Technical Analysis · forex · Stocks · Crypto · Writing

Published by
Written By: Nikolas Papas