Eurozone Q2 preliminary GDP +0.3% vs +0.2% q/q expected

<ul><li>Prior -0.1%</li><li>GDP +0.6% vs +0.5% y/y expected</li><li>Prior +1.0%</li></ul><p>The slight beat is at least a welcoming number for the ECB but the outlook is still very much uncertain. Dark clouds are circling the euro area economy to start Q3 and if they do signify a stronger downturn in the months ahead, that will make the ECB's job to push any further tightening agenda a tough one.</p>

This article was written by Justin Low at www.forexlive.com.