Trial now
USDCAD TECHS

Returning Lower

US TSYS SUMMARY

Risk-On Ahead July Employment Report

SOUTH AFRICA

New Finance Minister Godongwana Profile

AUDUSD TECHS

Bearish Focus

EUROZONE DATA
EUROZONE DATA: Preliminary Flash GDP (Q3 2019) Preview - 1000GMT
-------------------------------------------------------------------------------
- Bloomberg Consensus(Q3): 0.1% q/q, 1.1% y/y; Prev (Q2): 0.2% q/q, 1.2% y/y 
- EZ q/q growth is forecast to slow to 0.1% in Q3 after Q2's downtick to 0.2% 
- On an annual basis, GDP growth is anticipated to slow further to 1.1% after it
cooled to 1.2% in Q2, with the slowdown driven by consumption and net exports. 
- While investment picked up in Q2, both household and government consumption
slowed on a quarterly basis. 
- Meanwhile, imports grew at a slower pace in Q2 than in Q1, but exports
stagnated in the second quarter after having increased in the first 3 months. 
- Country data released so far shows that Q3 q/q growth remained unchanged in
France (at 0.3%) and expanded in Belgium (to 0.4% from 0.2% in Q2) 
- Forecasts suggests a mild contraction for Germany, while the Italian and
Spanish growth rates are projected to remain at Q2 levels 
- Soft as well as hard data show no signs of a turnaround in the near term,
indicating that economic growth in the Eurozone is likely to remain subdued.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com