UK: Flash Q2 GDP at 3.1%, as expected

FXStreet (Łódź) - National Statistics estimates that UK’s year-over-year Q2 GDP rose 3.1%, up from 3% in Q1 and in line with consensus.

On a quarterly basis UK Q2 GDP grew 0.8%, following a 0.8% increase the previous quarter, as expected.

GBP/USD got depressed by GDP data meeting expectations

GBP/USD slid to 1.6970 area following the euro moves, and the UK GDP release helped the pair reach 1.6960 area.
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Positive prospects for H2 in Euroland – Danske Bank

Senior Analyst Pernille Nielsen at Danske Bank assesses the recent PMI releases in the euro area...
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