External broker reports(aggregated public sources), ABN AMRO

ABN AMRO

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External broker reports(aggregated public sources)

Macroeconomics

<div><ul><li>Euro Macro: Upside GDP surprise driven by Ireland; periphery strength offsets German weakness – Eurozone GDP surprised to the upside in Q2, with the economy growing 0.3% vs 0.2% consensus/ABN (unrounded, growth was 0.259%, only a small surprise compared to our unrounded 0.22% forecast).</li><li>Ahead of the aggregate release, upside surprises in France and Spain were offset by a surprise contraction in Germany (see below).</li><li>Growth in Italy was in line with expectations at 0.2% q/q. </li></ul></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Euro Macro: Upside GDP surprise driven by Ireland; periphery strength offsets German weakness – Eurozone GDP surprised to the upside in Q2, with the economy growing 0.3% vs 0.2% consensus/ABN (unrounded, growth was 0.259%, only a small surprise compared to our unrounded 0.22% forecast).Ahead of the aggregate release, upside surprises in France and Spain were offset by a surprise contraction in Germany (see below).Growth in Italy was in line with expectations at 0.2% q/q. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Eurozone growth despite German contraction; HICP inflation to edge lower