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EUROSTOXX50 TECHS

(Z1) Bull Flag

BTP TECHS

(Z1) Fresh Trend Low

GILT TECHS

(Z1) Bearish Focus

CROSS ASSET

Some Reasoning For The Risk-Off Feel

SCHATZ TECHS

(Z1) Volatile But Remains Bearish

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MNI: GERMANY FLASH Q2 GDP +1.5% Q/Q SA, +9.2% Y/Y WDA

GERMANY Q2 Q/Q FLASH GDP MEDIAN +2.1%

GERMANY Q1 GDP -2.1% Q/Q, -3.1% Y/Y