EUROZONE DATA: Rounded Q2 GDP Unrevised From Flash Release

Aug-14 09:00

Eurozone Q2 GDP was unrevised from the preliminary flash release, rising by 0.1% Q/Q and 1.4% Y/Y (vs 0.6% and 1.5% Q1, respectively).

  • Drivers of the GDP data will only be released with the final print, scheduled for September 5.
  • Employment meanwhile also rose 0.1% Q/Q in Q2 (vs 0.2% Q1), implying flat productivity at least on a per-employee basis. On a yearly comparison, employment rose 0.7% (vs 0.7% Q2).
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Historical bullets

MNI: GERMANY ZEW JUL ECONOMIC EXPECTATIONS 52.7

Jul-15 09:00
  • MNI: GERMANY ZEW JUL ECONOMIC EXPECTATIONS 52.7
  • MNI: GERMANY ZEW JUL CURRENT CONDITIONS -59.5

GILTS: Futures Just Off Highs Into PGT

Jul-15 08:57

No real pressure in futures as we approach the 10:00 bidding deadline for the tender of GBP1bln of the 4.25% Jun-32 gilt. 

SONIA OPTIONS: SFIM6 97.40/97.50 Call Spread Lifted

Jul-15 08:44

SFIM6 97.40/97.50 call spread paper paid 1.25 on 10K.