Eurozone GDP revised higher to 0.6% QoQ, beats forecast

Eurozone GDP revised upward to 1.2% YoY, beats forecast

Eurozone GDP growth revised to 1.2% YoY, topping the 1.0% forecast and prior 1.0% reading. The upside surprise signals stronger economic momentum heading into ECB policy decisions, potentially supporting EUR and affecting rate-cut expectations across EU/USD and EUR/GBP.

https://x.com/financialjuice/status/2096886323676143652

Eurozone Q2 GDP beats forecast at 0.6% QoQ, 1.2% YoY

Eurozone Q2 GDP expanded 0.6% quarter-on-quarter and 1.2% year-on-year, both beating consensus (0.4% and 1.0% respectively). Employment held flat at 0.1% QoQ and 0.5% YoY. Stronger growth supports the ECB's hawkish tilt and may reinforce September rate-path expectations; EUR/USD traders will eye this alongside Friday's EU PMIs and US jobless claims for labour-market confirmation.

https://x.com/LiveSquawk/status/2096886764224794987

Euro area 2Q GDP beats forecast at 0.6% q/q versus 0.4%

Eurozone second-quarter GDP expanded 0.6% quarter-on-quarter, beating the 0.4% estimate and signaling stronger-than-expected growth. The better-than-forecast print supports the euro and may temper ECB rate-cut expectations, while traders monitor whether this growth resilience shifts the policy narrative ahead of Friday's PMI data.

https://x.com/FirstSquawk/status/2096886365103456479