France Q2 GDP flash readings 29 July 2016

  • +0.7% prev revised up from +0.6%
  • yy flash +1.4% vs +1.6% exp vs +1.3% prev

QQ missing expectations and showing a contraction in the French economy.

Euro largely unfazed with other fish to fry right now.

Fin min Sapin says data disappointing but still on course for 2016 GDP of +1.5%

EURUSD 1.1080 EURGBP 0.8403 EURJPY 114.65